Just a Few Clear Thinking Hints for the Casinos Vegas – The Planet’s #1 Gambling Place
Apr 032016
[ English ]

New Mexico has a rocky gambling background. When the IGRA was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to get on the Native casino bandwagon. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King assembled a working group in 1990 to negotiate a contract with New Mexico Amerindian tribes. When the task force came to an agreement with 2 big local tribes a year later, Governor King refused to sign the bargain. He would hold 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 contract with the Indian tribes, anti-gaming groups were able to hold the contract up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, thus costing the government of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico government, to get the process moving on a full accord amongst the State of New Mexico and its American Indian bands. A decade had been squandered for gaming in New Mexico, which includes Native casino Bingo.

The not for profit Bingo business has grown from Nineteen Ninety-Nine. That year, New Mexico not for profit game owners brought in only $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in 2001. Non-profit Bingo earnings have grown steadily since that time. Two Thousand and Five witnessed the biggest year, with $1,233,289 earned by the owners.

Bingo is clearly beloved in New Mexico. All types of owners look for a piece of the pie. Hopefully, the politicos are done batting over gaming as a hot button issue like they did back in the 1990’s. That’s probably hopeful thinking.

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