New Mexico Bingo
New Mexico has a bitter gaming past. When the IGRA was passed by Congress in 1989, it seemed like New Mexico might be one of the states to get on the American Indian casino craze. Politics guaranteed that would not be the case.
The New Mexico governor Bruce King announced a working group in 1990 to discuss an accord with New Mexico Amerindian bands. When the panel arrived at an accord with 2 important local bands a year later, the Governor refused to sign the agreement. He held up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it appeared that Indian gambling in New Mexico was now a certainty. But when the new Governor signed the compact with the American Indian tribes, anti-gaming groups were able to tie the deal up in courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the compact, thereby costing the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It required the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full accord amongst the Government of New Mexico and its Amerindian tribes. Ten years had been burned for gaming in New Mexico, which includes American Indian casino Bingo.
The not for profit Bingo business has increased from Nineteen Ninety-Nine. In that year, New Mexico not for profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Not for profit Bingo earnings have grown constantly since then. Two Thousand and Five witnessed the largest year, with $1,233,289 grossed by the operators.
Bingo is categorically beloved in New Mexico. All types of operators look for a bit of the action. With hope, the politicos are done batting around gambling as an important factor like they did back in the 1990’s. That’s probably hopeful thinking.
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.