Casino Games That Cost You A Kings Ransom Casino Games That Cost You A Arm and a Leg
Sep 062015

New Mexico has a complex gaming history. When the IGRA was signed by Congress in 1989, it seemed like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics assured that would not be the case.

The New Mexico governor Bruce King assembled a working group in 1990 to negotiate an accord with New Mexico Native tribes. When the task force arrived at an agreement with two big local bands a year later, the Governor declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took office in 1995, it seemed that Indian gaming in New Mexico was now a certainty. But when the new Governor passed the accord with the Indian bands, anti-gaming forces were able to tie the deal up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the deal, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico legislature, to get the ball rolling on a full compact between the Government of New Mexico and its American Indian bands. 10 years had been lost for gambling in New Mexico, which includes American Indian casino Bingo.

The not for profit Bingo business has gotten bigger from 1999. That year, New Mexico charity game owners acquired only $3,048. This number grew to $725,150 in 2000, and exceeded one million dollars in 2001. Not for profit Bingo earnings have grown steadily since that time. 2005 saw the greatest year, with $1,233,289 earned by the owners.

Bingo is clearly popular in New Mexico. All sorts of providers look for a piece of the action. With hope, the politicos are through batting over gambling as an important factor like they did back in the 90’s. That’s probably hopeful thinking.

Leave a Reply

You must be logged in to post a comment.

© 2009 Sayontan Sinha | Suffusion WordPress theme
preload