New Mexico Bingo
New Mexico has a stormy gambling background. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to cash in on the American Indian casino craze. Politics assured that would not be the situation.
The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to create a compact with New Mexico Native bands. When the panel arrived at an agreement with 2 big local bands a year later, the Governor refused to sign the bargain. He would hold up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it appeared that Amerindian gaming in New Mexico was a certainty. But when Governor Gary Johnson signed the compact with the Indian bands, anti-wagering groups were able to hold the accord up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the compact, therefore costing the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It took the Compact Negotiation Act, signed by the New Mexico legislature, to get the process moving on a full accord amongst the State of New Mexico and its American Indian tribes. A decade had been squandered for gambling in New Mexico, including Indian casino Bingo.
The not for profit Bingo industry has gotten bigger from 1999. In that year, New Mexico non-profit game providers brought in just $3,048. That climbed to $725,150 in 2000, and passed one million dollars in 2001. Not for profit Bingo earnings have grown constantly since that time. 2005 saw the greatest year, with $1,233,289 earned by the operators.
Bingo is apparently favored in New Mexico. All sorts of owners look for a slice of the pie. Hopefully, the politicians are through batting around gaming as an important matter like they did back in the 90's. That is most likely hopeful thinking.
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