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Bingo in New Mexico

Written by Donovan. No comments Posted in: Casino

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New Mexico has a stormy gaming history. When the IGRA was passed by the House in 1989, it looked like New Mexico might be one of the states to get on the American Indian casino craze. Politics assured that would not be the case.

The New Mexico governor Bruce King assembled a panel in Nineteen Ninety to create an accord with New Mexico Native bands. When the working group came to an agreement with 2 prominent 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 seemed that Amerindian betting in New Mexico was a certainty. But when the new Governor passed the contract with the Indian bands, anti-gaming groups were able to tie the contract up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, thereby costing the state 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 legislature, to get the ball rolling on a full accord between the Government of New Mexico and its American Indian bands. 10 years had been squandered for gambling in New Mexico, including Indian casino Bingo.

The not for profit Bingo business has increased since Nineteen Ninety-Nine. In that year, New Mexico charity game owners brought in only $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in 2001. Nonprofit Bingo revenues have increased constantly since that time. 2005 witnessed the biggest year, with $1,233,289 grossed by the owners.

Bingo is certainly favored in New Mexico. All types of providers look for a slice of the action. With hope, the politicos are through batting over gaming as a key factor like they did in the 90’s. That is without doubt wishful thinking.

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