New Mexico Bingo

March 30th, 2016 by Harrison Leave a reply »

New Mexico has a rocky 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 Indian casino craze. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to discuss a compact with New Mexico American Indian bands. When the working group came to an agreement with two big local tribes a year later, Governor King declined 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 Native wagering in New Mexico was a certainty. But when the new Governor passed the contract with the American Indian tribes, anti-gaming groups were able to hold the accord up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the deal, thereby denying the government of New Mexico many 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 process moving on a full accord between the State of New Mexico and its American Indian tribes. 10 years had been burned for gaming in New Mexico, which includes Amerindian casino Bingo.

The non-profit Bingo industry has gotten bigger since 1999. In that year, New Mexico not for profit game operators brought in only $3,048. This number grew to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Nonprofit Bingo revenues have increased steadily since that time. 2005 saw the largest year, with $1,233,289 grossed by the owners.

Bingo is categorically beloved in New Mexico. All sorts of operators look for a piece of the pie. With hope, the politicos are done batting around gaming as an important issue like they did in the 1990’s. That is without doubt wishful thinking.

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