New Mexico Bingo

by Noe on May 6th, 2019

New Mexico has a complex gambling history. When the Indian Gaming Regulatory Act was signed by the House in 1989, it seemed like New Mexico would be one of the states to get on the Amerindian casino craze. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King appointed a working group in 1990 to create a contract with New Mexico Native bands. When the working group arrived at an accord with 2 big local bands a year later, the Governor refused to sign the agreement. He would hold up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it appeared that Amerindian wagering in New Mexico was a certainty. But when the new Governor signed the contract with the Indian bands, anti-gaming groups were able to hold the accord up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, thus costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico house, to get the process moving on a full accord amongst the State of New Mexico and its Native tribes. 10 years had been lost for gambling in New Mexico, which includes American Indian casino Bingo.

The non-profit Bingo industry has grown since Nineteen Ninety-Nine. That year, New Mexico non-profit game owners acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Non-profit Bingo revenues have increased steadily since that time. 2005 witnessed the biggest year, with $1,233,289 earned by the providers.

Bingo is apparently beloved in New Mexico. All sorts of operators look for a slice of the pie. Hopefully, the politicians are through batting around gambling as a hot button matter like they did in the 90’s. That’s most likely hopeful thinking.

Leave a Reply

You must be logged in to post a comment.