Casino Secrets

|

Beginner Casino Secrets

New Mexico Bingo

October 23rd, 2015 at 14:21
[ English ]

New Mexico has a bitter gambling background. When the Indian Gaming Regulatory Act was signed by the House in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to get on the Amerindian casino craze. Politics assured that would not be the case.

The New Mexico governor Bruce King appointed a panel in 1990 to draft an accord with New Mexico American Indian bands. When the working group came to an agreement with 2 prominent local bands a year later, Governor King refused to sign the bargain. He held up a deal until 1994.

When a new governor took over in Nineteen Ninety Five, it seemed that Indian gaming in New Mexico was now a certainty. But when Governor Gary Johnson passed the accord with the Native bands, anti-gaming forces were able to hold the deal up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the compact, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, passed by the New Mexico legislature, to get the process moving on a full accord amongst the State of New Mexico and its American Indian tribes. Ten years had been burned for gambling in New Mexico, including American Indian casino Bingo.

The nonprofit Bingo business has grown from Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Non-profit Bingo revenues have increased constantly since then. Two Thousand and Five saw the biggest year, with $1,233,289 grossed by the providers.

Bingo is certainly favored in New Mexico. All kinds of operators look for a bit of the action. Hopefully, the politicians are through batting around gambling as a hot button issue like they did in the 90’s. That is probably wishful thinking.

Leave a Reply

You must be logged in to post a comment.