Casino Tricks Learning Casino Tricks

29Sep/250

Bingo in New Mexico


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

New Mexico has a rocky gambling history. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it looked like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that wouldn't be the case.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to create a contract with New Mexico Indian tribes. When the working group came to an accord with two big local tribes a year later, the Governor declined to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took office in 1995, it appeared that American Indian gaming in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the Amerindian tribes, anti-wagering groups were able to hold the deal up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the compact, thereby costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the CNA, passed by the New Mexico legislature, to get the process moving on a full accord amongst the Government of New Mexico and its American Indian bands. A decade had been lost for gambling in New Mexico, which includes Native casino Bingo.

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

Bingo is certainly popular in New Mexico. All sorts of operators look for a slice of the pie. With hope, the politicians are through batting around gaming as a hot button issue like they did back in the 1990's. That is 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