Log in
25
March

New Mexico Bingo

Written by Cyrus. No comments Posted in: Casino

New Mexico has a bitter gambling background. When the Indian Gaming Regulatory Act was signed by the House in 1989, it looked like New Mexico might be one of the states to get on the Native casino bandwagon. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King appointed a working group in Nineteen Ninety to discuss a compact with New Mexico Amerindian tribes. When the working group came to an agreement with two important local bands a year later, the Governor declined to sign the bargain. He held up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it seemed that Amerindian gambling in New Mexico was a certainty. But when the new Governor signed the accord with the Amerindian tribes, anti-gambling forces were able to tie the deal up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, thus costing the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full accord amongst the Government of New Mexico and its Native bands. Ten years had been lost for gambling in New Mexico, including American Indian casino Bingo.

The nonprofit Bingo industry has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico charity game owners brought in only $3,048. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Not for profit Bingo revenues have grown steadily since then. 2005 witnessed the greatest year, with $1,233,289 earned by the providers.

Bingo is categorically favored in New Mexico. All sorts of owners look for a piece of the action. Hopefully, the politicians are through batting over gambling as an important factor like they did in the 90’s. That is probably hopeful thinking.

0 Responses

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

You must be logged in to post a comment.