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New Mexico Bingo

Written by Gordon. No comments Posted in: Bingo

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New Mexico has a rocky gambling history. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it seemed like New Mexico would be one of the states to get on the Amerindian casino craze. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King appointed a working group in Nineteen Ninety to negotiate an accord with New Mexico Indian tribes. When the working group came to an agreement with two prominent local bands a year later, the Governor refused to sign the agreement. He would hold up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it appeared that Amerindian wagering in New Mexico was now a certainty. But when the new Governor passed the compact with the Native tribes, anti-gaming groups were able to hold the contract up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the accord, thereby costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico legislature, to get the ball rolling on a full contract amongst the State of New Mexico and its Native bands. A decade had been burned for gaming in New Mexico, including Amerindian casino Bingo.

The nonprofit Bingo industry has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico not for profit game providers brought in just $3,048. This number grew to $725,150 in 2000, and passed a million dollars in revenues in 2001. Nonprofit Bingo earnings have increased constantly since that time. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the owners.

Bingo is apparently popular in New Mexico. All sorts of providers look for a piece of the action. Hopefully, the politicos are done batting around gaming as a key factor like they did back in the 90’s. That is most likely hopeful thinking.

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