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New Mexico Bingo

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New Mexico has a rocky gambling history. When the IGRA was signed by Congress in 1989, it seemed like New Mexico would be one of the states to cash in on the American Indian casino bandwagon. Politics assured that would not be the situation.

The New Mexico governor Bruce King announced a panel in 1990 to discuss a compact with New Mexico Native bands. When the panel came to an agreement with 2 big local bands a year later, the Governor declined to sign the bargain. He held up a deal until 1994.

When a new governor took over in Nineteen Ninety Five, it seemed that Amerindian betting in New Mexico was now a certainty. But when Governor Gary Johnson signed the contract with the American Indian bands, anti-wagering forces were able to tie the deal up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the compact, thus denying the state 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 house, to get the ball rolling on a full contract between the State of New Mexico and its Native tribes. 10 years had been burned for gaming in New Mexico, including American Indian casino Bingo.

The nonprofit Bingo industry has gotten bigger since 1999. That year, New Mexico not for profit game providers brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Not for profit Bingo earnings have grown steadily since that time. 2005 saw the biggest year, with $1,233,289 grossed by the owners.

Bingo is clearly favored in New Mexico. All kinds of providers try for a slice of the action. Hopefully, the politicians are done batting around gaming as a key factor like they did back in the 90’s. That’s most likely wishful thinking.

Posted in Casino.


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