New Mexico has a bitter gambling past. When the Indian Gaming Regulatory Act was passed by the House in 1989, it looked like New Mexico might be one of the states to cash in on the Indian casino craze. Politics assured that wouldn’t be the case.
The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to negotiate an accord with New Mexico American Indian tribes. When the panel came to an accord with two important local bands a year later, the Governor declined to sign the bargain. He held up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it appeared that Amerindian gambling in New Mexico was a certainty. But when Governor Gary Johnson signed the contract with the Native bands, anti-gaming groups were able to hold the accord up in the courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the accord, thereby denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It required the CNA, passed by the New Mexico house, to get the process moving on a full accord between the State of New Mexico and its American Indian tribes. A decade had been squandered for gambling in New Mexico, which includes Amerindian casino Bingo.
The non-profit Bingo business has increased since 1999. In that year, New Mexico non-profit game owners acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and passed a million dollars in 2001. Non-profit Bingo earnings have grown steadily since that time. Two Thousand and Five witnessed the greatest year, with $1,233,289 earned by the providers.
Bingo is certainly favored in New Mexico. All sorts of owners look for a bit of the pie. Hopefully, the politicos are done batting over gambling as an important factor like they did back in the 90’s. That’s without doubt hopeful thinking.
This entry was posted on October 23, 2019, 5:25 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.