• New Mexico Bingo

    New Mexico has a stormy gambling past. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the Indian casino craze. Politics assured that would not be the situation.

    The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to create a compact with New Mexico Native tribes. When the task force arrived at an accord with 2 prominent local bands a year later, the Governor refused to sign the agreement. He held up a deal until 1994.

    When a new governor took over in 1995, it seemed that American Indian gambling in New Mexico was now a certainty. But when the new Governor signed the contract with the Amerindian bands, anti-gambling forces were able to tie the accord up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

    It required the CNA, passed by the New Mexico house, to get the process moving on a full accord amongst the State of New Mexico and its Native bands. 10 years had been squandered for gambling in New Mexico, which includes Amerindian casino Bingo.

    The not for profit Bingo industry has gotten bigger since 1999. That year, New Mexico not for profit game owners acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Not for profit Bingo earnings have grown constantly since then. Two Thousand and Five saw the biggest year, with $1,233,289 grossed by the owners.

    Bingo is certainly favored in New Mexico. All kinds of providers look for a bit of the action. With hope, the politicos are through batting over gambling as a key issue like they did in the 1990’s. That’s probably hopeful thinking.

     December 24th, 2021  Mohammed   No comments

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