Bingo Strategies All About Bingo Strategies

22Oct/200

New Mexico Bingo


2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!
[ English ]

New Mexico has a stormy gambling history. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it looked like New Mexico might be one of the states to cash in on the American Indian casino craze. Politics assured that wouldn't be the situation.

The New Mexico governor Bruce King announced a task force in Nineteen Ninety to discuss an accord with New Mexico Indian bands. When the panel arrived at an agreement with 2 important local bands a year later, the Governor declined to sign the bargain. He held up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it seemed that Amerindian gaming in New Mexico was a certainty. But when Governor Gary Johnson signed the compact with the American Indian bands, anti-gaming groups were able to hold the accord up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the accord, therefore denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It required the Compact Negotiation Act, signed by the New Mexico house, to get the ball rolling on a full accord between the Government of New Mexico and its Indian bands. A decade had been squandered for gambling in New Mexico, which includes Amerindian casino Bingo.

The non-profit Bingo business has gotten bigger from Nineteen Ninety-Nine. That year, New Mexico not for profit game operators brought in just $3,048. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Non-profit Bingo revenues have grown constantly since that time. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the owners.

Bingo is clearly favored in New Mexico. All kinds of providers try for a piece of the action. Hopefully, the politicos are done batting over gaming as a key factor like they did in the 1990's. That's without doubt hopeful thinking.

Filed under: Bingo 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