• New Mexico Bingo

    New Mexico has a rocky gaming history. When the IGRA was signed by the House in Nineteen Eighty Nine, it looked like New Mexico might 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 announced a working group in 1990 to create an accord with New Mexico Amerindian bands. When the working group came to an agreement with 2 big local bands a year later, the Governor refused to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

    When a new governor took office in Nineteen Ninety Five, it seemed that Amerindian betting in New Mexico was a certainty. But when the new Governor passed the accord with the American Indian tribes, anti-gambling forces were able to hold the deal up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the deal, thus denying the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

    It required the Compact Negotiation Act, passed by the New Mexico legislature, to get the process moving on a full compact between the Government of New Mexico and its Native tribes. A decade had been lost for gaming in New Mexico, including Indian casino Bingo.

    The not for profit Bingo industry has increased from 1999. That year, New Mexico non-profit game providers brought in only $3,048. That climbed to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Non-profit Bingo revenues have increased constantly since then. Two Thousand and Five witnessed the biggest year, with $1,233,289 grossed by the owners.

    Bingo is certainly favored in New Mexico. All types of providers try for a bit of the pie. Hopefully, the politicos are done batting around gaming as a key factor like they did in the 1990’s. That is without doubt hopeful thinking.

     January 10th, 2017  Tamara   No comments

     Leave a reply

    You must be logged in to post a comment.