• Bingo in New Mexico

    New Mexico has a stormy gaming past. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it seemed like New Mexico would be one of the states to cash in on the Indian casino craze. Politics guaranteed that would not be the situation.

    The New Mexico governor Bruce King assembled a panel in 1990 to negotiate a compact with New Mexico Amerindian bands. When the working group came to an accord with two prominent local bands a year later, the Governor refused to sign the agreement. He held up a deal until 1994.

    When a new governor took over in Nineteen Ninety Five, it appeared that American Indian wagering in New Mexico was now a certainty. But when the new Governor signed the accord with the Native tribes, anti-wagering groups were able to hold the deal up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing a deal, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

    It took the CNA, passed by the New Mexico government, to get the process moving on a full compact between the Government of New Mexico and its Native tribes. 10 years had been lost for gambling in New Mexico, which includes Native casino Bingo.

    The not for profit Bingo industry has grown from 1999. That year, New Mexico non-profit game owners brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and passed a million dollars in 2001. Non-profit Bingo earnings have grown constantly since that time. 2005 witnessed the greatest year, with $1,233,289 earned by the operators.

    Bingo is categorically favored in New Mexico. All types of providers try for a piece of the action. With hope, the politicos are done batting over gambling as an important factor like they did back in the 90’s. That is probably hopeful thinking.

     October 23rd, 2023  Tamara   No comments

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