New Mexico Bingo

by Brennen on March 23rd, 2023

New Mexico has a complex gambling history. When the Indian Gaming Regulatory Act was signed by the House in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to get on the Amerindian casino craze. Politics assured that would not be the situation.

The New Mexico governor Bruce King announced a working group in 1990 to create a contract with New Mexico Native bands. When the working group arrived at an agreement with 2 big local bands a year later, Governor King declined to sign the agreement. He held up a deal until 1994.

When a new governor took over in 1995, it seemed that Native gaming in New Mexico was a certainty. But when the new Governor signed the accord with the American Indian tribes, anti-gaming forces were able to hold the accord up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It took 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 American Indian tribes. 10 years had been burned for gaming in New Mexico, which includes Indian casino Bingo.

The not for profit Bingo industry has grown since Nineteen Ninety-Nine. In that year, New Mexico not for profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Not for profit Bingo revenues have increased steadily since that time. 2005 saw the largest year, with $1,233,289 grossed by the owners.

Bingo is certainly favored in New Mexico. All sorts of owners try for a piece of the action. With hope, the politicos are done batting around gaming as an important issue like they did back in the 90’s. That is most likely wishful thinking.

Leave a Reply

You must be logged in to post a comment.