New Mexico Bingo

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Posted by Walker | Posted in Casino | Posted on 17-07-2020

New Mexico has a stormy gambling 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 cash in on the Amerindian casino craze. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King announced a task force in 1990 to draft an accord with New Mexico Amerindian bands. When the working group arrived at an accord with two important local bands a year later, Governor King declined to sign the agreement. He would hold up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was a certainty. But when the new Governor signed the contract with the Native bands, anti-gambling groups were able to tie the accord up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the accord, thus denying the government 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 compact between the State of New Mexico and its Native bands. A decade had been lost for gaming in New Mexico, including Amerindian casino Bingo.

The nonprofit Bingo industry has gotten bigger since Nineteen Ninety-Nine. That year, New Mexico charity game owners acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed a million dollars in 2001. Nonprofit Bingo earnings have increased steadily since then. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the providers.

Bingo is clearly popular in New Mexico. All sorts of operators look for a slice of the pie. With hope, the politicians are through batting over gambling as a key factor like they did in the 1990’s. That is without doubt wishful thinking.

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