New Mexico Bingo
New Mexico has a rocky gaming past. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it looked like New Mexico would be one of the states to cash in on the American Indian casino craze. Politics guaranteed that wouldn’t be the case.
The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to negotiate an accord with New Mexico Amerindian tribes. When the task force came to an agreement with 2 big local bands a year later, Governor King refused 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 Amerindian gaming in New Mexico was a certainty. But when the new Governor signed the accord with the Native tribes, anti-gambling groups were able to hold the deal up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It took the Compact Negotiation Act, passed by the New Mexico legislature, to get the ball rolling on a full compact amongst the Government of New Mexico and its Native bands. A decade had been burned for gaming in New Mexico, which includes Amerindian casino Bingo.
The nonprofit Bingo business has increased since Nineteen Ninety-Nine. That year, New Mexico non-profit game operators brought in only $3,048. That climbed to $725,150 in 2000, and passed a million dollars in revenues in 2001. Non-profit Bingo revenues have grown steadily since that time. 2005 witnessed the greatest year, with $1,233,289 earned by the operators.
Bingo is apparently favored in New Mexico. All kinds of providers look for a slice of the pie. With hope, the politicians are through batting over gaming as a key issue like they did back in the 90’s. That’s most likely wishful thinking.
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.