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New Mexico Bingo

March 23rd, 2021 at 18:25

New Mexico has a rocky gaming past. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico might 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 announced a working group in 1990 to create a compact with New Mexico American Indian tribes. When the task force arrived at an agreement with 2 big local tribes a year later, the Governor declined to sign the bargain. He would hold up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it appeared that Amerindian wagering in New Mexico was now a certainty. But when the new Governor signed the contract with the American Indian tribes, anti-gaming forces were able to tie the accord up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the compact, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico legislature, to get the ball rolling on a full accord between the State of New Mexico and its Native tribes. A decade had been squandered for gaming in New Mexico, which includes American Indian casino Bingo.

The nonprofit Bingo industry has grown from 1999. That year, New Mexico not for profit game owners acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Not for profit Bingo revenues have increased steadily since that time. 2005 saw the biggest year, with $1,233,289 grossed by the owners.

Bingo is clearly popular in New Mexico. All kinds of operators look for a slice of the action. With hope, the politicians are done batting over gaming as a key issue like they did in the 90’s. That’s probably wishful thinking.

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