Bingo in New Mexico

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Posted by Myles | Posted in Casino | Posted on 31-12-2019

New Mexico has a bitter gaming background. When the Indian Gaming Regulatory Act was signed by the House in 1989, it looked like New Mexico would be one of the states to cash in on the Indian casino craze. Politics guaranteed that would not be the case.

The New Mexico governor Bruce King announced a working group in 1990 to negotiate a compact with New Mexico Amerindian tribes. When the working group came to an agreement with two big local bands a year later, Governor King declined to sign the agreement. He would hold up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it seemed that American Indian wagering in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the Indian tribes, anti-gaming groups were able to hold the deal up in the courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the deal, thus denying the government of New Mexico 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 between the State of New Mexico and its Amerindian tribes. 10 years had been squandered for gaming in New Mexico, which includes Amerindian casino Bingo.

The nonprofit Bingo business has grown since Nineteen Ninety-Nine. That year, New Mexico non-profit game operators acquired only $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Nonprofit Bingo earnings have increased steadily since that time. 2005 witnessed the biggest year, with $1,233,289 grossed by the owners.

Bingo is certainly beloved in New Mexico. All kinds of operators try for a slice of the action. With hope, the politicians are done batting around gaming as a key issue like they did back in the 1990’s. That is probably hopeful thinking.

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