Casino Tips Learning Casino Tips

15Mar/200

Bingo in New Mexico


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

New Mexico has a complex gaming history. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it seemed like New Mexico might be one of the states to cash in on the American Indian casino craze. Politics assured that wouldn't be the situation.

The New Mexico governor Bruce King assembled a working group in 1990 to draft an accord with New Mexico Indian tribes. When the working group arrived at an accord with 2 important local bands a year later, Governor King declined to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it seemed that Native wagering in New Mexico was a certainty. But when Governor Gary Johnson signed the accord with the American Indian tribes, anti-gambling groups were able to tie the accord up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the accord, therefore denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It required the CNA, signed by the New Mexico house, to get the ball rolling on a full accord between the State of New Mexico and its Indian tribes. A decade had been lost for gambling in New Mexico, which includes Amerindian casino Bingo.

The non-profit Bingo business has gotten bigger since 1999. In that year, New Mexico not for profit game owners 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 constantly since that time. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the owners.

Bingo is clearly popular in New Mexico. All types of operators look for a bit of the action. Hopefully, the politicos are done batting around gambling as an important factor like they did back in the 90's. That is most likely hopeful 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