Bingo in New Mexico

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Posted by Selena | Posted in Casino | Posted on 03-09-2015

New Mexico has a complex gambling past. When the IGRA was passed by the House in 1989, it looked like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that would not be the case.

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

When a new governor took over in 1995, it appeared that Native wagering in New Mexico was now a certainty. But when the new Governor passed the compact with the Native bands, anti-gambling groups were able to hold the deal up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the deal, therefore costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, passed by the New Mexico government, to get the ball rolling on a full accord between the Government of New Mexico and its Amerindian tribes. A decade had been squandered for gaming in New Mexico, including Indian casino Bingo.

The nonprofit Bingo business has increased from Nineteen Ninety-Nine. That year, New Mexico charity game operators acquired just $3,048. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Nonprofit Bingo revenues have increased constantly since that time. Two Thousand and Five saw the largest year, with $1,233,289 grossed by the providers.

Bingo is apparently favored in New Mexico. All types of owners look for a slice of the action. Hopefully, the politicos are through batting around gaming as a hot button factor like they did back in the 90’s. That’s without doubt hopeful thinking.

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