Skip to content

Categories:

New Mexico Bingo

New Mexico has a bitter gambling background. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King appointed a working group in 1990 to negotiate a contract with New Mexico Indian bands. When the task force arrived at an agreement with 2 prominent local bands a year later, the Governor declined to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took over in 1995, it appeared that Amerindian gaming in New Mexico was a certainty. But when the new Governor signed the compact with the Native tribes, anti-wagering groups were able to tie the contract up in courts. A New Mexico court found that the Governor had overstepped his bounds in signing the compact, thus costing the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the CNA, passed by the New Mexico legislature, to get the ball rolling on a full contract amongst the State of New Mexico and its Amerindian bands. A decade had been burned for gaming in New Mexico, including Amerindian casino Bingo.

The non-profit Bingo industry has gotten bigger from Nineteen Ninety-Nine. That year, New Mexico non-profit game owners acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Not for profit Bingo revenues have grown steadily since that time. 2005 witnessed the greatest year, with $1,233,289 grossed by the providers.

Bingo is apparently popular in New Mexico. All types of providers try for a piece of the pie. Hopefully, the politicos are through batting over gambling as an important factor like they did back in the 1990’s. That’s probably hopeful thinking.

Posted in Casino.


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.