New Mexico has a rocky gaming background. When the IGRA was signed by Congress in 1989, it seemed like New Mexico might be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King announced a panel in Nineteen Ninety to create a compact with New Mexico Indian tribes. When the task force arrived at an accord with two big local tribes a year later, the Governor declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it seemed that Native gambling in New Mexico was now a certainty. But when the new Governor signed the contract with the American Indian tribes, anti-gaming groups were able to hold the contract up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, therefore denying the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It took the CNA, signed by the New Mexico government, 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 gambling in New Mexico, which includes Native casino Bingo.
The not for profit Bingo business has grown since Nineteen Ninety-Nine. That year, New Mexico not for profit game operators brought in just $3,048. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Not for profit Bingo earnings have grown steadily since then. Two Thousand and Five witnessed the greatest year, with $1,233,289 grossed by the providers.
Bingo is apparently popular in New Mexico. All types of providers look for a bit of the pie. Hopefully, the politicos are done batting around gambling as an important factor like they did back in the 90’s. That’s without doubt wishful thinking.
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