New Mexico has a bitter gaming history. 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 cash in on the American Indian casino craze. Politics assured that would not be the situation.
The New Mexico governor Bruce King assembled a task force in 1990 to create a contract with New Mexico Amerindian bands. When the task force arrived at an accord with 2 prominent local bands a year later, Governor King refused to sign the bargain. He would hold up a deal until Nineteen Ninety Four.
When a new governor took over in Nineteen Ninety Five, it seemed that Amerindian betting in New Mexico was a certainty. But when the new Governor passed the compact with the Amerindian tribes, anti-wagering forces were able to tie the contract up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the compact, therefore costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It took the CNA, passed by the New Mexico government, to get the process moving on a full accord between the State of New Mexico and its Indian tribes. 10 years had been lost for gaming in New Mexico, which includes Amerindian casino Bingo.
The not for profit Bingo industry has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico non-profit game operators acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in 2001. Not for profit Bingo revenues have grown steadily since that time. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the owners.
Bingo is clearly favored in New Mexico. All types of owners try for a bit of the action. With hope, the politicians are through batting around gaming as an important factor like they did in the 90’s. That’s without doubt hopeful thinking.
0 Responses
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.
You must be logged in to post a comment.