New Mexico Bingo

January 7th, 2020 by Keon Leave a reply »

New Mexico has a bitter gaming past. When the Indian Gaming Regulatory Act was passed by the House in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the Indian casino bandwagon. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King announced a working group in Nineteen Ninety to discuss a compact with New Mexico Indian bands. When the panel came to an agreement with two important local bands a year later, Governor King declined to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it seemed that Native gambling in New Mexico was a certainty. But when the new Governor passed the accord with the Amerindian tribes, anti-wagering groups were able to tie the accord up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thereby denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, passed by the New Mexico government, to get the ball rolling on a full accord between the State of New Mexico and its Indian tribes. 10 years had been squandered for gambling in New Mexico, which includes Amerindian 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 in revenues. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Non-profit Bingo earnings have increased steadily since then. Two Thousand and Five witnessed the greatest year, with $1,233,289 grossed by the operators.

Bingo is clearly popular in New Mexico. All kinds of owners try for a slice of the action. With hope, the politicians are done batting around gaming as an important matter like they did back in the 90’s. That is probably wishful thinking.

Advertisement

Leave a Reply

You must be logged in to post a comment.