New Mexico Bingo
New Mexico has a complex gaming past. When the IGRA was signed by the House in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the American Indian casino craze. Politics assured that would not be the case.
The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to create a contract with New Mexico Amerindian bands. When the task force 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 Nineteen Ninety Four.
When a new governor took over in 1995, it seemed that American Indian betting in New Mexico was a certainty. But when Governor Gary Johnson passed the compact with the Native tribes, anti-gaming forces were able to tie the contract up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing the accord, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It took the Compact Negotiation Act, passed by the New Mexico legislature, to get the process moving on a full accord between the State of New Mexico and its Native tribes. A decade had been squandered for gambling in New Mexico, which includes American Indian casino Bingo.
The nonprofit Bingo business has grown since Nineteen Ninety-Nine. In that year, New Mexico non-profit game operators acquired just $3,048. That climbed to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Nonprofit Bingo revenues have increased steadily since that time. Two Thousand and Five saw the largest year, with $1,233,289 grossed by the providers.
Bingo is apparently beloved in New Mexico. All types of providers look for a bit of the pie. With hope, the politicians are through batting around gambling as a key factor like they did in the 90’s. That is without doubt wishful 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.