New Mexico Bingo

January 19th, 2016 by Nikhil Leave a reply »

New Mexico has a bitter gaming background. When the IGRA was signed by the House in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the American Indian casino bandwagon. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to draft a compact with New Mexico Amerindian tribes. When the panel arrived at an agreement with 2 big local bands a year later, Governor King refused to sign the agreement. He held up a deal until 1994.

When a new governor took office in 1995, it appeared that Amerindian gambling in New Mexico was a certainty. But when the new Governor signed the compact with the American Indian tribes, anti-wagering forces were able to tie the contract up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the compact, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico government, to get the ball rolling on a full compact amongst the State of New Mexico and its American Indian bands. 10 years had been squandered for gaming in New Mexico, which includes American Indian casino Bingo.

The non-profit Bingo business has increased from Nineteen Ninety-Nine. In that year, New Mexico charity game operators brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Non-profit Bingo earnings have grown constantly since that time. 2005 witnessed the biggest year, with $1,233,289 grossed by the owners.

Bingo is categorically popular in New Mexico. All sorts of operators try for a slice of the action. Hopefully, the politicians are done batting around gambling as a hot button factor like they did in the 90’s. That is without doubt hopeful thinking.

Advertisement

Leave a Reply

You must be logged in to post a comment.