New Mexico Bingo

New Mexico has a stormy gambling past. 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 Indian casino bandwagon. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to create a contract with New Mexico Native bands. When the task force arrived at an accord with two big 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 office in Nineteen Ninety Five, it appeared that Indian wagering in New Mexico was now a certainty. But when the new Governor passed the compact with the Native bands, anti-wagering forces were able to hold the accord up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the deal, thereby denying the government of New Mexico many 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 ball rolling on a full compact amongst the State of New Mexico and its Native bands. A decade had been squandered for gaming in New Mexico, including Indian casino Bingo.

The non-profit Bingo business has grown from 1999. In that year, New Mexico non-profit game operators brought in just $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Nonprofit Bingo earnings have grown constantly since that time. Two Thousand and Five witnessed the largest year, with $1,233,289 grossed by the operators.

Bingo is certainly popular in New Mexico. All types of owners look for a piece of the action. Hopefully, the politicians are done batting around gaming as a key issue like they did back in the 1990’s. That is most likely wishful thinking.


Leave a Reply

You must be logged in to post a comment.

Search on this site:


Categories: