Attain a Wagering System Arizona Casinos
Feb 182016

New Mexico has a stormy gambling history. When the Indian Gaming Regulatory Act was passed by Congress 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 announced a task force in 1990 to create a contract with New Mexico American Indian bands. When the working group came to an agreement with 2 important local bands a year later, the Governor refused to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took over in 1995, it seemed that Indian gambling in New Mexico was now a certainty. But when the new Governor signed the accord with the American Indian bands, anti-gambling groups were able to hold the deal up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing a deal, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, signed by the New Mexico house, to get the ball rolling on a full contract between the Government of New Mexico and its Native tribes. Ten years had been lost for gambling in New Mexico, including American Indian casino Bingo.

The non-profit Bingo business has increased since Nineteen Ninety-Nine. That year, New Mexico not for profit game providers brought in just $3,048 in revenues. 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 certainly popular in New Mexico. All types of operators look for a slice of the action. With hope, the politicos are done batting around gambling as a key issue like they did in the 1990’s. That’s probably hopeful thinking.

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