New Mexico Bingo
Wednesday, 21. October 2015
New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was signed by the House in 1989, it looked like New Mexico would be one of the states to get on the Indian casino craze. Politics assured that would not be the situation.
The New Mexico governor Bruce King assembled a panel in 1990 to negotiate an accord with New Mexico American Indian tribes. When the panel came to an accord with 2 big local tribes a year later, Governor King 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 Native gaming in New Mexico was now a certainty. But when Governor Gary Johnson passed the accord with the Native bands, anti-gambling groups were able to tie the accord up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, therefore costing the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It took the CNA, passed by the New Mexico house, to get the process moving on a full contract between the State of New Mexico and its Native bands. A decade had been burned for gaming in New Mexico, including Indian casino Bingo.
The not for profit Bingo industry has grown since 1999. In that year, New Mexico charity game owners acquired only $3,048. That climbed to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Non-profit Bingo revenues have grown steadily since that time. Two Thousand and Five saw the biggest year, with $1,233,289 grossed by the providers.
Bingo is categorically beloved in New Mexico. All sorts of providers try for a piece of the action. With hope, the politicians are done batting around gaming as an important matter like they did in the 1990’s. That is without doubt wishful thinking.
Posted in Casino by Cesar