Some Common Sense Tips for the Casinos Acquire a Wagering System
Nov 272023
[ English ]

New Mexico has a complex gaming history. When the Indian Gaming Regulatory Act was signed by the House in 1989, it looked like New Mexico might be one of the states to cash in on the Native casino bandwagon. Politics assured that wouldn’t be the case.

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

When a new governor took over in 1995, it appeared that Indian gambling in New Mexico was now a certainty. But when the new Governor signed the compact with the Indian bands, anti-gambling groups were able to tie the deal up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing a deal, therefore denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, passed by the New Mexico house, to get the ball rolling on a full contract amongst the Government of New Mexico and its Amerindian bands. 10 years had been burned for gambling in New Mexico, which includes American Indian casino Bingo.

The not for profit Bingo industry has increased from Nineteen Ninety-Nine. That year, New Mexico non-profit game owners brought in only $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed a million dollars in 2001. Nonprofit Bingo earnings have increased constantly since then. 2005 saw the largest year, with $1,233,289 earned by the owners.

Bingo is clearly popular in New Mexico. All kinds of owners try for a piece of the action. Hopefully, the politicos are done batting around gambling as a key matter like they did back in the 1990’s. That’s most likely wishful thinking.

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