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29Jun/190

Bingo in New Mexico


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New Mexico has a rocky gaming past. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to get on the Amerindian casino bandwagon. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to create a contract with New Mexico Native tribes. When the working group came to an accord with 2 prominent local bands a year later, the Governor declined to sign the agreement. He would hold up a deal until 1994.

When a new governor took over in 1995, it appeared that Indian betting in New Mexico was now a certainty. But when the new Governor signed the compact with the Amerindian bands, anti-gambling forces were able to hold the accord up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the compact, therefore costing the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It required the CNA, signed by the New Mexico legislature, to get the process moving on a full contract amongst the State of New Mexico and its Native bands. Ten years had been lost for gambling in New Mexico, including American Indian casino Bingo.

The not for profit Bingo business has gotten bigger since Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in 2001. Not for profit Bingo earnings have increased constantly since that time. Two Thousand and Five witnessed the greatest year, with $1,233,289 earned by the operators.

Bingo is categorically favored in New Mexico. All sorts of operators look for a piece of the action. Hopefully, the politicos are done batting over gaming as a hot button issue like they did back in the 1990's. That's most likely hopeful thinking.

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10Jun/190

Complimentary Betting Plans – Professional Guide


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