New Mexico Bingo

New Mexico has a stormy 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 cash in on the American Indian casino craze. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King appointed a working group in Nineteen Ninety to discuss a compact with New Mexico Amerindian bands. When the panel arrived at an accord with 2 prominent local bands a year later, the Governor declined to sign the agreement. He held up a deal until 1994.

When a new governor took over in Nineteen Ninety Five, it seemed that American Indian wagering in New Mexico was now a certainty. But when Governor Gary Johnson passed the contract with the American Indian tribes, anti-gaming forces were able to tie the deal up in courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the deal, therefore costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, signed by the New Mexico house, to get the ball rolling on a full compact between the Government of New Mexico and its Amerindian bands. 10 years had been squandered for gambling in New Mexico, which includes American Indian casino Bingo.

The nonprofit Bingo industry has grown from 1999. In that year, New Mexico non-profit game operators acquired only $3,048. This number grew to $725,150 in 2000, and exceeded one million dollars in 2001. Not for profit Bingo revenues have grown steadily since then. 2005 saw the greatest year, with $1,233,289 grossed by the providers.

Bingo is certainly favored in New Mexico. All kinds of operators try for a slice of the action. With hope, the politicos are through batting over gaming as an important factor like they did in the 1990’s. That’s without doubt hopeful thinking.

Leave a Reply

You must be logged in to post a comment.