Casino Strategy Online Casino Strategy

24Jun/200

New Mexico Bingo


2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!

New Mexico has a bitter gaming past. When the IGRA was signed by Congress in 1989, it seemed like New Mexico would be one of the states to get on the Native casino craze. Politics assured that would not be the case.

The New Mexico governor Bruce King appointed a working group in Nineteen Ninety to draft an accord with New Mexico Amerindian bands. When the working group arrived at an agreement with two important local tribes a year later, Governor King declined to sign the bargain. He would hold up a deal until 1994.

When a new governor took over in Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was now a certainty. But when the new Governor passed the compact with the American Indian tribes, anti-gaming groups were able to hold the deal up in the courts. A New Mexico court ruled that Governor Johnson 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 house, to get the ball rolling on a full compact between the State of New Mexico and its Amerindian tribes. A decade had been squandered for gaming in New Mexico, including American Indian casino Bingo.

The nonprofit Bingo business has increased from 1999. That year, New Mexico non-profit game providers acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Non-profit Bingo revenues have grown constantly since then. Two Thousand and Five saw the greatest year, with $1,233,289 grossed by the operators.

Bingo is certainly popular in New Mexico. All sorts of owners try for a bit of the action. With hope, the politicos are through batting around gambling as an important matter like they did back in the 1990's. That's most likely wishful thinking.

Filed under: Casino Leave a comment
Comments (0) Trackbacks (0)

No comments yet.


Leave a comment

You must be logged in to post a comment.

No trackbacks yet.

Categories

Blogroll

Archive

Meta