Archive for December, 2020
New Mexico has a stormy gambling background. When the Indian Gaming Regulatory Act was passed by the House in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the American Indian casino bandwagon. Politics guaranteed that wouldn’t be the case.
The New Mexico governor Bruce King assembled a panel in 1990 to draft a contract with New Mexico Indian bands. When the working group arrived at an agreement with 2 prominent local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.
When a new governor took office in Nineteen Ninety Five, it appeared that Indian gambling in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the American Indian bands, anti-gaming groups were able to hold the deal up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the accord, thus denying the state of New Mexico 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 compact amongst the State of New Mexico and its American Indian bands. 10 years had been squandered for gaming in New Mexico, which includes Amerindian casino Bingo.
The not for profit Bingo business has grown from Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Not for profit Bingo earnings have grown steadily since then. 2005 witnessed the greatest year, with $1,233,289 earned by the providers.
Bingo is certainly popular in New Mexico. All kinds of providers try for a slice of the pie. With hope, the politicos are through batting over gambling as a hot button factor like they did in the 1990’s. That is without doubt hopeful thinking.