New Mexico Bingo
New Mexico has a stormy gambling past. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico might be one of the states to get on the Indian casino craze. Politics assured that would not be the case.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to discuss an accord with New Mexico American Indian tribes. When the panel came to an agreement with 2 important local tribes a year later, the Governor refused to sign the agreement. He held up a deal until 1994.
When a new governor took office in 1995, it appeared that American Indian gambling in New Mexico was now a certainty. But when Governor Gary Johnson passed the accord with the Indian bands, anti-gambling groups were able to tie the contract up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, therefore costing the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It took the Compact Negotiation Act, passed by the New Mexico government, to get the ball rolling on a full contract amongst the State of New Mexico and its Amerindian bands. 10 years had been lost for gaming in New Mexico, which includes American Indian casino Bingo.
The not for profit Bingo industry has increased since Nineteen Ninety-Nine. In that year, New Mexico non-profit game owners brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Non-profit Bingo revenues have increased constantly since then. 2005 saw the biggest year, with $1,233,289 grossed by the providers.
Bingo is categorically favored in New Mexico. All sorts of owners try for a slice of the action. Hopefully, the politicians are done batting around gaming as a hot button factor like they did in the 1990’s. That’s 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.
