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26Nov/180

Bingo in New Mexico


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New Mexico has a complex gaming background. When the IGRA was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to get on the American Indian casino bandwagon. Politics guaranteed that wouldn't be the situation.

The New Mexico governor Bruce King assembled a panel in Nineteen Ninety to discuss a compact with New Mexico Native bands. When the task force came to an agreement with 2 big local tribes a year later, Governor King refused to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took office in 1995, it appeared that Native gaming in New Mexico was now a certainty. But when Governor Gary Johnson signed the contract with the Amerindian bands, anti-gambling groups were able to hold the deal up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the accord, thereby denying the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the CNA, signed by the New Mexico legislature, to get the ball rolling on a full contract amongst the State of New Mexico and its Amerindian bands. 10 years had been squandered for gaming in New Mexico, including Native casino Bingo.

The non-profit Bingo business has gotten bigger from 1999. In that year, New Mexico not for profit game providers brought in just $3,048. This number grew to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Nonprofit Bingo earnings have grown steadily since then. 2005 witnessed the largest year, with $1,233,289 grossed by the operators.

Bingo is clearly popular in New Mexico. All kinds of operators look for a piece of the action. With hope, the politicians are done batting around gaming as a hot button issue like they did in the 90's. That's most likely wishful thinking.

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22Nov/180

Cambodia Gambling Dens


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There is an interesting background to the Cambodia gambling halls that reside just over the dividing line from neighboring Thailand, where casino wagering is prohibited. Eight gambling dens are anchored in a relatively small area in the municipality of Poipet in Cambodia. This band of Cambodia casinos is in a prime spot, a 3 to four hour travel from Bangkok and Macao, the 2 most popular gambling centers in Asia. Cambodia casinos do a huge business with Thai laborers and tourists from Malaysia, Japan, South Korea, and Singapore, with just a few Westerners. The astonishing capital acquired from the gambling dens ranges from 7.5 million dollars to over 12.5 million, and there are a couple of limitations requirements for casino ownership. Ownership is presumed to be mainly Thai; still, funding sources are vague. The borders are ceremoniously open from 09:00 to 1700, and despite the fact visas are for all intents and purposes necessary to cross, there are means around this, as is correct of most borders.

The initial Cambodia gambling dens opened in Phnom Penh in the mid nineties, but were forced to close in 1998, leaving only a single casino in the capital, the Naga Resort. The Naga, a moored boat gambling den, features 150 one armed bandits and 60 tables. The Naga gambling den never closes with 42 tables of mini-baccarat, four tables of twenty-one, 10 of roulette, 2 of Caribbean Stud Poker, and a single table each of Pai-Gow and Tai-Sai.

The original casino in Poipet, the Holiday Palace, premiered in the late nineties and the Golden Crown quickly followed. A total of one hundred and fifty slot machine games and five table games at the Golden Crown and 104 one armed bandits and 68 gaming tables at the Holiday Palace. The newer Holiday Palace Casino and Resort highlights three hundred slot machine games and seventy gaming tables and the Princess Hotel and Casino, also in Poipet, has 166 slots and 96 table games, including eighty seven baccarat chemin de fer (the most dominant game), Fan Tan, and Pai Gow. Also, there is the Casino Tropicana, with 135 slot machines and 66 of the common table games, as well as a single table of Casino Stud Poker. Another one of the 8 gambling dens in Poipet, again a part of a hotel, is the Princess Casino with 166 slot machine games and ninety seven table games. The Star Vegas Casino is part of an all-around resort and hotel building that highlights many comforts on top of the gambling hall, which has 10,000 square feet of one hundred and thirty slot machines and eighty eight gaming tables.

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