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 get on the Indian casino craze. Politics guaranteed that would not be the situation.
The New Mexico governor Bruce King announced a task force in Nineteen Ninety to draft an accord with New Mexico Indian tribes. When the task force arrived at an accord with 2 important local tribes a year later, Governor King declined to sign the agreement. He held up a deal until 1994.
When a new governor took office in 1995, it seemed that Indian wagering in New Mexico was a certainty. But when the new Governor signed the contract with the American Indian tribes, anti-wagering forces were able to hold the deal up in courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the compact, therefore denying the state 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 house, to get the ball rolling on a full contract amongst the State of New Mexico and its Indian tribes. Ten years had been burned for gaming in New Mexico, which includes American Indian casino Bingo.
The nonprofit Bingo business has gotten bigger 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 one million dollars in 2001. Nonprofit Bingo revenues have increased constantly since then. 2005 saw the greatest year, with $1,233,289 grossed by the owners.
Bingo is certainly favored in New Mexico. All kinds of owners look for a piece of the pie. With hope, the politicos are done batting around gambling as a hot button matter like they did back in the 90’s. That is probably hopeful thinking.
Tags:
Please leave a Comment
You must be logged in to post a comment.