Casino Tips Learning Casino Tips

11Aug/230

Bingo in New Mexico


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

New Mexico has a stormy gaming background. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to get on the Amerindian casino craze. Politics assured that wouldn't be the case.

The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to draft a contract with New Mexico Native tribes. When the panel came to an agreement with two 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 1995, it appeared that American Indian betting in New Mexico was now a certainty. But when Governor Gary Johnson signed the accord with the Native tribes, anti-gambling forces were able to hold the deal up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing a deal, thereby denying the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico house, to get the process moving on a full contract amongst the Government of New Mexico and its Amerindian tribes. 10 years had been squandered for gaming in New Mexico, including Amerindian casino Bingo.

The nonprofit Bingo business has gotten bigger since 1999. In that year, New Mexico charity game providers brought in just $3,048. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Non-profit Bingo earnings have increased constantly since that time. 2005 saw the largest year, with $1,233,289 earned by the owners.

Bingo is clearly beloved in New Mexico. All types of operators try for a piece of the action. Hopefully, the politicos are through batting around gambling as a key factor like they did in the 90's. That is without doubt 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