Casino Tips Learning Casino Tips

16Jun/180

New Mexico Bingo


2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!

New Mexico has a stormy gaming history. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to cash in on the Native casino craze. Politics guaranteed that wouldn't be the situation.

The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to create a compact with New Mexico Amerindian bands. When the panel came to an agreement with 2 big local bands a year later, the Governor declined to sign the bargain. He would hold up a deal until 1994.

When a new governor took over in Nineteen Ninety Five, it appeared that Native betting in New Mexico was a certainty. But when the new Governor passed the compact with the American Indian tribes, anti-wagering groups were able to tie the deal up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, therefore costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the Compact Negotiation Act, passed by the New Mexico government, to get the process moving on a full contract between the Government of New Mexico and its Native bands. 10 years had been burned for gaming in New Mexico, including Amerindian casino Bingo.

The not for profit Bingo industry has grown since 1999. That year, New Mexico non-profit game operators acquired just $3,048. This number grew to $725,150 in 2000, and passed one million dollars in 2001. Not for profit Bingo earnings have grown steadily since then. 2005 saw the greatest year, with $1,233,289 grossed by the operators.

Bingo is apparently popular in New Mexico. All kinds of operators look for a piece of the action. With hope, the politicians are done batting over gaming as an important matter like they did in the 90's. That's without doubt wishful thinking.

Filed under: Casino Leave a comment
Comments (0) Trackbacks (0)

No comments yet.


Leave a comment

You must be logged in to post a comment.

No trackbacks yet.

Categories

Blogroll

Archive

Meta