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New Mexico Bingo

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New Mexico has a rocky gambling past. When the IGRA was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the American Indian casino bandwagon. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to negotiate a contract with New Mexico American Indian bands. When the panel 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 over in Nineteen Ninety Five, it appeared that Native gaming in New Mexico was now a certainty. But when the new Governor passed the contract with the Amerindian bands, anti-gambling forces 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, thereby costing the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full compact between the Government of New Mexico and its Amerindian bands. Ten years had been squandered for gambling in New Mexico, which includes Amerindian casino Bingo.

The nonprofit Bingo industry has grown since 1999. In that year, New Mexico not for profit game owners brought in only $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Nonprofit Bingo revenues have grown steadily since that time. 2005 witnessed the biggest year, with $1,233,289 earned by the providers.

Bingo is categorically favored in New Mexico. All sorts of owners try for a bit of the action. With hope, the politicians are through batting over gambling as a key issue like they did in the 1990’s. That is probably hopeful thinking.

Posted in Casino.


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