New Mexico has a rocky gaming background. When the IGRA was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics guaranteed that would not be the situation.
The New Mexico governor Bruce King appointed a panel in 1990 to create a compact with New Mexico Native bands. When the working group came to an agreement with two big local bands a year later, Governor King declined to sign the agreement. He held up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it seemed that Native betting in New Mexico was a certainty. But when Governor Gary Johnson passed the compact with the Amerindian tribes, anti-gaming groups were able to hold the deal up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, therefore costing the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It required the CNA, passed by the New Mexico house, to get the ball rolling on a full compact amongst the Government of New Mexico and its Amerindian bands. A decade had been burned for gambling in New Mexico, which includes American Indian casino Bingo.
The not for profit Bingo industry has gotten bigger since Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers acquired just $3,048. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Non-profit Bingo revenues have increased constantly since that time. Two Thousand and Five witnessed the biggest year, with $1,233,289 grossed by the providers.
Bingo is clearly popular in New Mexico. All kinds of operators try for a slice of the action. Hopefully, the politicos are done batting over gaming as a hot button issue like they did back in the 90’s. That’s most likely hopeful thinking.
This entry was posted on June 13, 2024, 5:25 am 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.