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Bingo in New Mexico

Written by Cyrus. No comments Posted in: Casino

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New Mexico has a rocky gaming history. When the Indian Gaming Regulatory Act was passed by the House in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to get on the Indian casino bandwagon. Politics assured that would not be the case.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to discuss a contract with New Mexico Indian tribes. When the panel arrived at an accord with two big local bands a year later, the Governor declined to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it seemed that Native gambling in New Mexico was now a certainty. But when the new Governor signed the compact with the Indian bands, anti-gambling forces were able to tie the deal up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing a deal, 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 process moving on a full accord amongst the Government of New Mexico and its Native tribes. A decade had been squandered for gaming in New Mexico, including Indian casino Bingo.

The nonprofit Bingo industry has grown since Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers brought in only $3,048 in revenues. This number grew to $725,150 in 2000, and passed a million dollars in revenues in 2001. Not for profit Bingo earnings have grown constantly since that time. 2005 saw the greatest year, with $1,233,289 earned by the owners.

Bingo is categorically 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 a key matter like they did back in the 1990’s. That is most likely wishful thinking.

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