New Mexico has a complex gambling background. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the Native casino bandwagon. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King assembled a panel in Nineteen Ninety to draft a compact with New Mexico Indian bands. When the task force arrived at an accord with 2 important local bands a year later, Governor King declined to sign the agreement. He held up a deal until 1994.
When a new governor took over in 1995, it seemed that Amerindian wagering in New Mexico was now a certainty. But when the new Governor passed the compact with the Indian tribes, anti-wagering groups were able to tie the accord up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the accord, thereby denying the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.
It required 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 bands. 10 years had been squandered for gaming in New Mexico, which includes Native casino Bingo.
The non-profit Bingo industry has gotten bigger since Nineteen Ninety-Nine. That year, New Mexico charity game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Non-profit Bingo revenues have grown steadily since then. 2005 witnessed the largest year, with $1,233,289 earned by the owners.
Bingo is apparently popular in New Mexico. All kinds of owners look for a piece of the action. With hope, the politicos are done batting over gaming as an important factor like they did in the 1990’s. That’s without doubt hopeful thinking.
This entry was posted on April 17, 2019, 11:25 pm and is filed under Bingo. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.