Casino Information Top Secret Casino Information

18Feb/100

Bingo in New Mexico


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

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

The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to draft a compact with New Mexico American Indian tribes. When the working group came to an agreement with two important 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 1995, it seemed that Indian wagering in New Mexico was now a certainty. But when the new Governor signed the compact with the Indian tribes, anti-wagering forces were able to tie the deal up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing a deal, therefore denying the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It required the CNA, signed by the New Mexico government, to get the process moving on a full contract amongst the State of New Mexico and its Amerindian tribes. Ten years had been lost for gambling in New Mexico, including American Indian casino Bingo.

The not for profit Bingo business has grown from Nineteen Ninety-Nine. In that year, New Mexico non-profit game owners acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Not for profit Bingo earnings have grown constantly since then. 2005 saw the largest year, with $1,233,289 grossed by the owners.

Bingo is certainly beloved in New Mexico. All kinds of providers look for a bit of the action. Hopefully, the politicos are through batting around gambling as an important matter like they did in the 1990's. That's most likely hopeful 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