The Arizona Bingo does not have as long and as storied a history as other states. Arizona and its native Indian tribes just got on the same page in the last ten to fifteen years. Of course, non-profit games have existed in Arizona for decades. There are many churches and veterans groups that run games to fund charities throughout that time. However the state of Arizona has only seen revenues pouring in from bingo only since 1993. Since that time, the Indian casinos have brought Arizona millions in revenues.
Arizona follows a certain national trend. The state legislators constantly look for new sources of revenue. Thus they have decided in the last couple of decades to sanction the games of chance and aptly take a certain percentage of the whole profits. Most states look to the Indian casinos as most of these have any federal protections, to skirt around state and local anti-gambling laws. The states usually can only draw a small percentage of the total profits and is usually around 1% to 2%. The casinos gross millions of dollars in earnings per year thus it is worthwhile for the states to take the time and trouble to set up multiple bureaus to oversee the gaming industry.
The legislators of Arizona created the State Gaming Industry in the year1993. There were yearlong negotiations with the statewide Indian tribes. This agency came to a compact with sixteen different Indian tribes soon. There were ten Arizona Indian casinos in full operation by the end of 1994.
The number of the Indian tribes has risen to 22 in the years from 16. Presently there are 14 casinos offering bingo tables. One can find around 6,950 Bingo tables at each of the Indian casinos spread across the state of Arizona. Taking a low standard cut of the proceeds this state sees just under $300,000 each year in revenues from the bingo games alone. $292,500 was the total amount of revenues of last year.
The gambling compact between the Arizona State Gaming Agency and the Arizona Indian tribes has proved to be a good deal for both the sides. However, the new era of gambling that refers specifically to the compacts between states and Indian tribes are still in its infancy. It is yet to grow into a boy and gradually mature to the level of a full-grown man. We are but witnessing a perfect trial-and-error approach to gambling laws across the United States of America. To add more confusion the wildcard entry of the Internet has been thrown into the mix. There are millions of dollars in the form of potential revenues for the states like Arizona and it is still to be seen what the legislatures and federal courts do in the years to come.