• New Mexico Bingo

    New Mexico has a rocky gaming background. When the IGRA was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the Indian casino craze. Politics guaranteed that wouldn’t be the case.

    The New Mexico governor Bruce King appointed a task force in 1990 to create an accord with New Mexico American Indian tribes. When the panel arrived at an accord with 2 big local bands a year later, Governor King declined to sign the bargain. He held up a deal until 1994.

    When a new governor took office in 1995, it seemed that Native gaming in New Mexico was a certainty. But when the new Governor signed the contract with the Indian bands, anti-wagering groups were able to hold the deal up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, thus denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

    It required the Compact Negotiation Act, passed by the New Mexico house, to get the process moving on a full compact amongst the Government of New Mexico and its Indian tribes. A decade had been lost for gambling in New Mexico, including American Indian casino Bingo.

    The non-profit Bingo industry has grown from Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed one million dollars in 2001. Nonprofit Bingo revenues have grown constantly since that time. 2005 saw the biggest year, with $1,233,289 earned by the providers.

    Bingo is categorically beloved in New Mexico. All sorts of owners look for a bit of the pie. With hope, the politicos are done batting around gambling as an important factor like they did in the 90’s. That’s without doubt wishful thinking.

     November 17th, 2009  Ryan   No comments

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