• New Mexico Bingo

    New Mexico has a stormy gambling past. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico might be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that would not be the situation.

    The New Mexico governor Bruce King announced a task force in Nineteen Ninety to create a compact with New Mexico Native bands. When the working group came to an agreement with two prominent local tribes a year later, the Governor declined to sign the agreement. He would hold up a deal until 1994.

    When a new governor took over in 1995, it appeared that Amerindian gaming in New Mexico was now a certainty. But when the new Governor signed the accord with the Indian bands, anti-wagering forces were able to tie the deal up in the courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the compact, therefore 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 house, to get the ball rolling on a full accord amongst the State of New Mexico and its Amerindian tribes. A decade had been squandered for gaming in New Mexico, which includes Native casino Bingo.

    The nonprofit Bingo business has increased since 1999. In that year, New Mexico not for profit game owners brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in 2001. Non-profit Bingo earnings have grown steadily since then. 2005 witnessed the biggest year, with $1,233,289 earned by the providers.

    Bingo is clearly favored in New Mexico. All types of operators try for a bit of the action. With hope, the politicos are through batting over gaming as a key issue like they did back in the 90’s. That’s without doubt wishful thinking.

     February 2nd, 2017  Eli   No comments

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