• Bingo in New Mexico

    [ English ]

    New Mexico has a rocky gaming background. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it seemed like New Mexico might be one of the states to get on the American Indian casino craze. Politics guaranteed that would not be the situation.

    The New Mexico governor Bruce King appointed a task force in 1990 to discuss a compact with New Mexico American Indian bands. When the panel arrived at an agreement with two prominent local bands a year later, the Governor declined to sign the agreement. He held up a deal until Nineteen Ninety Four.

    When a new governor took over in 1995, it appeared that American Indian gambling in New Mexico was a certainty. But when the new Governor signed the compact with the American Indian tribes, anti-wagering groups were able to tie the accord up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing a deal, thereby denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

    It took the Compact Negotiation Act, signed by the New Mexico government, to get the process moving on a full accord amongst the Government of New Mexico and its American Indian tribes. A decade had been squandered for gambling in New Mexico, including American Indian casino Bingo.

    The not for profit Bingo business has grown from 1999. That year, New Mexico charity game owners brought in only $3,048. This number grew to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Not for profit Bingo revenues have grown steadily since that time. Two Thousand and Five saw the largest year, with $1,233,289 earned by the operators.

    Bingo is categorically beloved in New Mexico. All sorts of operators try for a piece of the action. Hopefully, the politicians are done batting around gaming as an important factor like they did in the 90’s. That’s without doubt hopeful thinking.

     January 20th, 2016  Marques   No comments

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