New Mexico Bingo
by Heath on April 23rd, 2016
New Mexico has a complex gaming history. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to cash in on the American Indian casino craze. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King announced a task force in 1990 to create an accord with New Mexico American Indian bands. When the working group arrived at an accord with two big local bands a year later, Governor King refused to sign the bargain. He held up a deal until Nineteen Ninety Four.
When a new governor took over in 1995, it appeared that Native betting in New Mexico was a certainty. But when the new Governor signed the contract with the Indian bands, anti-gaming groups were able to hold the contract up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the Compact Negotiation Act, passed by the New Mexico government, to get the process moving on a full accord between the State of New Mexico and its Native bands. Ten years had been squandered for gaming in New Mexico, including Native casino Bingo.
The nonprofit Bingo industry has increased from 1999. In that year, New Mexico not for profit game owners brought in just $3,048. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Non-profit Bingo earnings have increased constantly since then. 2005 witnessed the largest year, with $1,233,289 earned by the operators.
Bingo is categorically favored in New Mexico. All kinds of owners look for a slice of the pie. With hope, the politicians are done batting around gaming as a hot button factor like they did back in the 1990’s. That’s without doubt wishful thinking.
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