New Mexico has a bitter gambling background. When the Indian Gaming Regulatory Act was passed by Congress 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 situation.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to draft an accord with New Mexico Native bands. When the task force arrived at an accord with 2 prominent local bands a year later, the Governor declined to sign the bargain. He held up a deal until Nineteen Ninety Four.
When a new governor took office in Nineteen Ninety Five, it appeared that American Indian gambling in New Mexico was now a certainty. But when Governor Gary Johnson signed the accord with the American Indian tribes, anti-gambling groups were able to hold the accord up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the compact, thereby denying the government of New Mexico 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 ball rolling on a full contract amongst the Government of New Mexico and its Indian tribes. Ten years had been lost for gambling in New Mexico, including Indian casino Bingo.
The not for profit Bingo industry has gotten bigger from Nineteen Ninety-Nine. That year, New Mexico not for profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Non-profit Bingo earnings have grown constantly since that time. 2005 witnessed the greatest year, with $1,233,289 grossed by the owners.
Bingo is apparently favored in New Mexico. All kinds of providers try for a bit of the pie. With hope, the politicians are done batting over gaming as an important factor like they did back in the 1990’s. That’s without doubt wishful thinking.
Filed under: Casino -
Trackback
Uri