Archive for April, 2017

Bingo in New Mexico

April 30th, 2017
[ English ]

New Mexico has a rocky gambling past. When the IGRA was signed by the House in 1989, it seemed like New Mexico might be one of the states to get on the Indian casino craze. Politics assured that would not be the case.

The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to draft a compact with New Mexico Native bands. When the task force arrived at an accord with 2 big local tribes a year later, the Governor refused to sign the bargain. He would hold up a deal until 1994.

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

It required the CNA, signed by the New Mexico government, to get the ball rolling on a full compact between the Government of New Mexico and its Amerindian tribes. A decade had been burned for gambling in New Mexico, which includes American Indian casino Bingo.

The non-profit Bingo business has increased from 1999. That year, New Mexico charity game providers acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Nonprofit Bingo revenues have increased steadily since that time. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the owners.

Bingo is apparently popular in New Mexico. All kinds of owners look for a slice of the action. With hope, the politicians are done batting around gambling as a key factor like they did in the 1990’s. That is probably wishful thinking.

Zimbabwe gambling halls

April 7th, 2017
[ English ]

The entire process of living in Zimbabwe is something of a gamble at the moment, so you might imagine that there would be little appetite for patronizing Zimbabwe’s gambling dens. In reality, it seems to be functioning the opposite way around, with the crucial economic circumstances leading to a larger ambition to play, to try and find a quick win, a way out of the crisis.

For nearly all of the locals surviving on the tiny local wages, there are two common styles of gambling, the state lottery and Zimbet. As with almost everywhere else in the world, there is a national lottery where the chances of succeeding are remarkably tiny, but then the prizes are also remarkably large. It’s been said by market analysts who understand the subject that most do not buy a card with the rational expectation of profiting. Zimbet is based on either the national or the United Kingston football leagues and involves predicting the outcomes of future games.

Zimbabwe’s casinos, on the other foot, pamper the extremely rich of the nation and tourists. Up until a short while ago, there was a very big sightseeing industry, built on nature trips and trips to Victoria Falls. The economic woes and connected crime have carved into this trade.

Amongst Zimbabwe’s casinos, there are two in the capital, Harare, the Carribea Bay Resort and Casino, which has five gaming tables and slots, and the Plumtree Casino, which has just the slot machine games. The Zambesi Valley Hotel and Entertainment Center in Kariba also has only one armed bandits. Mutare has the Monclair Hotel and Casino and the Leopard Rock Hotel and Casino, the pair of which offer table games, slot machines and electronic poker machines, and Victoria Falls has the Elephant Hills Hotel and Casino and the Makasa Sun Hotel and Casino, the two of which have slot machines and blackjack, roulette, and craps tables.

In addition to Zimbabwe’s gambling dens and the aforementioned mentioned lottery and Zimbet (which is very like a pools system), there are also 2 horse racing tracks in the state: the Matabeleland Turf Club in Bulawayo (the 2nd metropolis) and the Borrowdale Park in Harare.

Since the market has contracted by beyond forty percent in recent years and with the associated deprivation and violence that has come about, it is not understood how well the tourist industry which supports Zimbabwe’s gambling halls will do in the next few years. How many of the casinos will still be around till things improve is merely unknown.