New Mexico Bingo

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Posted by Myles | Posted in Casino | Posted on 27-11-2019

New Mexico has a stormy gaming past. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it looked like New Mexico would be one of the states to get on the American Indian casino bandwagon. Politics assured that would not be the situation.

The New Mexico governor Bruce King appointed a working group in 1990 to discuss a compact with New Mexico Amerindian bands. When the task force arrived at an agreement with 2 important local bands a year later, Governor King refused to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

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 American Indian bands, anti-wagering groups were able to tie the deal up in the courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the deal, therefore 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 legislature, to get the ball rolling on a full compact amongst the State of New Mexico and its Amerindian bands. A decade had been lost for gaming in New Mexico, including Amerindian casino Bingo.

The nonprofit Bingo industry has gotten bigger since 1999. That year, New Mexico non-profit game operators brought in only $3,048. That climbed to $725,150 in 2000, and surpassed one million dollars in 2001. Not for profit Bingo earnings have increased steadily since that time. 2005 witnessed the largest year, with $1,233,289 grossed by the owners.

Bingo is apparently popular in New Mexico. All kinds of owners try for a piece of the pie. With hope, the politicos are done batting around gambling as an important factor like they did back in the 90’s. That’s without doubt hopeful thinking.

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