17
December
Written by Bailee.
Posted in: Casino
New Mexico has a complex gambling past. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to get on the Indian casino craze. Politics guaranteed that wouldn’t be the case.
The New Mexico governor Bruce King assembled a working group in 1990 to discuss a compact with New Mexico Amerindian bands. When the working group arrived at an agreement with two big local tribes a year later, Governor King refused to sign the agreement. He would hold up a deal until 1994.
When a new governor took over in 1995, it seemed that Indian betting in New Mexico was a certainty. But when the new Governor signed the compact with the Amerindian tribes, anti-wagering forces were able to hold the contract up in the courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the compact, therefore denying 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 house, to get the process moving on a full compact amongst the State of New Mexico and its American Indian tribes. 10 years had been burned for gaming in New Mexico, including Amerindian casino Bingo.
The nonprofit Bingo business has gotten bigger since 1999. That year, New Mexico charity game operators brought in only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Not for profit Bingo revenues have grown constantly since then. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the providers.
Bingo is categorically beloved in New Mexico. All kinds of owners look for a bit of the pie. With hope, the politicos are through batting over gambling as a key issue like they did in the 90’s. That’s probably hopeful thinking.
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