New Mexico has a bitter gaming history. When the IGRA was passed by the House in 1989, it looked like New Mexico would be one of the states to get on the Indian casino bandwagon. Politics assured that would not be the case.
The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to negotiate an accord with New Mexico Amerindian tribes. When the working group arrived at an accord with 2 important local bands a year later, Governor King declined to sign the bargain. He held up a deal until 1994.
When a new governor took over in 1995, it seemed that Amerindian betting in New Mexico was now a certainty. But when the new Governor signed the compact with the Indian tribes, anti-gaming groups were able to tie the deal up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, thus denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the CNA, signed by the New Mexico government, to get the process moving on a full contract between the Government of New Mexico and its Amerindian tribes. 10 years had been squandered for gambling in New Mexico, which includes Amerindian casino Bingo.
The not for profit Bingo industry has grown from Nineteen Ninety-Nine. In that year, New Mexico charity game providers acquired just $3,048. That climbed to $725,150 in 2000, and passed a million dollars in revenues in 2001. Not for profit Bingo revenues have increased constantly since then. Two Thousand and Five witnessed the greatest year, with $1,233,289 earned by the owners.
Bingo is apparently popular in New Mexico. All sorts of providers try for a piece of the action. Hopefully, the politicos are through batting over gambling as a key issue like they did back in the 90’s. That is probably hopeful thinking.
This entry was posted on February 18, 2022, 12:25 pm and is filed under Casino. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.