New Mexico Bingo
by Harold on September 26th, 2015
New Mexico has a stormy gaming past. When the IGRA was passed by Congress in 1989, it looked like New Mexico might be one of the states to get on the Amerindian casino bandwagon. Politics assured that wouldn’t be the situation.
The New Mexico governor Bruce King assembled a panel in 1990 to negotiate an accord with New Mexico Amerindian tribes. When the task force came to an agreement with two prominent local tribes a year later, Governor King declined to sign the bargain. He held up a deal until Nineteen Ninety Four.
When a new governor took over in 1995, it appeared that Indian wagering in New Mexico was now a certainty. But when the new Governor signed the compact with the Indian bands, anti-gaming groups were able to hold the deal up in courts. A New Mexico court ruled that Governor Johnson had overstepped 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, passed by the New Mexico legislature, to get the process moving on a full compact amongst the Government of New Mexico and its Indian bands. Ten years had been burned for gambling in New Mexico, including Indian casino Bingo.
The not for profit Bingo industry has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico not for profit game providers brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Non-profit Bingo revenues have grown steadily since that time. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the providers.
Bingo is categorically favored in New Mexico. All sorts of operators look for a bit of the action. With hope, the politicians are through batting over gambling as a key matter like they did in the 1990’s. That’s most likely hopeful thinking.
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