Bingo in New Mexico

0

Posted by Myles | Posted in Casino | Posted on 05-02-2022

New Mexico has a stormy gaming background. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the Indian casino bandwagon. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King appointed a working group in 1990 to discuss a contract with New Mexico Indian bands. When the task force came to an accord with 2 big local bands a year later, the Governor refused to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it seemed that Indian gambling in New Mexico was now a certainty. But when the new Governor signed the compact with the American Indian bands, anti-wagering forces were able to hold the accord up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the accord, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico government, to get the ball rolling on a full contract between the State of New Mexico and its Native tribes. 10 years had been squandered for gambling in New Mexico, which includes American Indian casino Bingo.

The not for profit Bingo business has increased since Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Nonprofit Bingo earnings have increased steadily since then. Two Thousand and Five saw the greatest year, with $1,233,289 grossed by the owners.

Bingo is certainly favored in New Mexico. All sorts of providers try for a bit of the action. Hopefully, the politicos are done batting over gambling as an important matter like they did in the 1990’s. That’s most likely hopeful thinking.

Write a comment

You must be logged in to post a comment.