• New Mexico Bingo

    New Mexico has a complex gambling past. When the IGRA was passed by the House in 1989, it seemed like New Mexico would be one of the states to get on the Indian casino craze. Politics assured that would not be the situation.

    The New Mexico governor Bruce King announced a working group in Nineteen Ninety to negotiate a contract with New Mexico Amerindian bands. When the working group arrived at an agreement with two important local bands a year later, Governor King declined to sign the agreement. He would hold up a deal until 1994.

    When a new governor took over in Nineteen Ninety Five, it seemed that Native wagering in New Mexico was now a certainty. But when the new Governor signed the contract with the Amerindian tribes, anti-wagering forces 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 the deal, therefore costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

    It took the Compact Negotiation Act, signed by the New Mexico legislature, to get the ball rolling on a full compact amongst the State of New Mexico and its Indian tribes. 10 years had been squandered for gaming in New Mexico, including Amerindian casino Bingo.

    The non-profit Bingo industry has gotten bigger from Nineteen Ninety-Nine. That year, New Mexico charity game operators acquired just $3,048. This number grew to $725,150 in 2000, and passed a million dollars in revenues in 2001. Non-profit Bingo earnings have increased constantly since then. 2005 saw the largest year, with $1,233,289 grossed by the providers.

    Bingo is apparently popular in New Mexico. All kinds of owners look for a bit of the action. Hopefully, the politicos are through batting around gambling as a hot button matter like they did in the 90’s. That is most likely wishful thinking.

     June 8th, 2023  Marques   No comments

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