Las Vegas Casino Assessments Do Not Drink … Gamble!
Dec 032021

New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico might be one of the states to cash in on the Native casino bandwagon. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King assembled a task force in 1990 to create a compact with New Mexico Indian bands. When the task force came to an agreement with 2 important local bands a year later, Governor King 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 wagering in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the American Indian tribes, anti-wagering forces were able to hold the deal up in courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing a deal, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It required the CNA, passed by the New Mexico house, to get the process moving on a full contract between the State of New Mexico and its Native tribes. A decade had been burned for gaming in New Mexico, including American Indian casino Bingo.

The non-profit Bingo industry has grown since Nineteen Ninety-Nine. That year, New Mexico charity game operators brought in only $3,048 in revenues. That climbed to $725,150 in 2000, and passed a million dollars in revenues in 2001. Not for profit Bingo earnings have grown constantly since then. Two Thousand and Five saw the greatest year, with $1,233,289 grossed by the operators.

Bingo is clearly beloved in New Mexico. All types of operators try for a bit of the pie. With hope, the politicians are through batting around gaming as an important matter like they did back in the 90’s. That’s probably hopeful thinking.

Leave a Reply

You must be logged in to post a comment.

© 2009 Sayontan Sinha | Suffusion WordPress theme
preload