New Mexico Bingo
by Brennen on February 22nd, 2016
New Mexico has a complex gaming past. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to cash in on the American Indian casino craze. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King announced a task force in Nineteen Ninety to draft an accord with New Mexico American Indian tribes. When the working group came to an accord with 2 big local bands a year later, Governor King refused to sign the agreement. He would hold up a deal until 1994.
When a new governor took over in 1995, it appeared that Indian wagering in New Mexico was a certainty. But when the new Governor passed the compact with the Native tribes, anti-gaming groups were able to hold the deal up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the deal, therefore costing 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, passed by the New Mexico government, to get the ball rolling on a full accord 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 business has increased from 1999. In that year, New Mexico not for profit game operators acquired only $3,048 in revenues. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Nonprofit Bingo revenues have grown steadily since then. 2005 witnessed the greatest year, with $1,233,289 grossed by the providers.
Bingo is clearly beloved in New Mexico. All sorts of providers try for a slice of the pie. With hope, the politicos are done batting around gaming as a hot button issue like they did in the 1990’s. That is without doubt wishful thinking.
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