New Mexico Bingo

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Posted by Myles | Posted in Casino | Posted on 12-07-2024

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

The New Mexico governor Bruce King assembled a working group in Nineteen Ninety to negotiate a compact with New Mexico American Indian bands. When the working group came to an accord with 2 prominent local bands a year later, the Governor refused to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it appeared that Amerindian wagering in New Mexico was now a certainty. But when Governor Gary Johnson passed the contract with the American Indian bands, anti-gaming forces were able to tie the accord up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the accord, therefore denying the government 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 government, to get the process moving on a full compact between the Government of New Mexico and its Amerindian bands. 10 years had been lost for gaming in New Mexico, which includes Native casino Bingo.

The non-profit Bingo business has gotten bigger since 1999. In that year, New Mexico non-profit game operators acquired only $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 constantly since then. 2005 saw the biggest year, with $1,233,289 earned by the operators.

Bingo is clearly favored in New Mexico. All types of providers try for a bit of the action. With hope, the politicos are done batting around gambling as a key issue like they did back in the 1990’s. That’s most likely wishful thinking.

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