New Mexico Bingo

October 12th, 2017 Sasha Leave a comment Go to comments

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New Mexico has a complex gaming history. When the IGRA was passed by the House in 1989, it seemed like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King announced a task force in Nineteen Ninety to discuss an accord with New Mexico Native tribes. When the task force came to an agreement with 2 big local bands a year later, Governor King refused to sign the agreement. He would hold up a deal until Nineteen Ninety Four.

When a new governor took office in 1995, it seemed that Indian betting in New Mexico was now a certainty. But when the new Governor signed the accord with the Indian bands, anti-gambling forces were able to tie the accord up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing a deal, thus denying the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the Compact Negotiation Act, signed by the New Mexico government, to get the process moving on a full contract between the State of New Mexico and its Indian tribes. A decade had been lost for gambling in New Mexico, which includes Amerindian casino Bingo.

The nonprofit Bingo industry has gotten bigger since 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 exceeded one million dollars in 2001. Nonprofit Bingo revenues have grown steadily since then. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the providers.

Bingo is categorically favored in New Mexico. All types of operators look for a slice of the pie. Hopefully, the politicos are through batting over gambling as a key issue like they did back in the 90’s. That is without doubt hopeful thinking.

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