• New Mexico Bingo

    New Mexico has a complex gaming background. When the Indian Gaming Regulatory Act was signed by the House in 1989, it looked like New Mexico would be one of the states to cash in on the American Indian casino craze. Politics assured that wouldn’t be the case.

    The New Mexico governor Bruce King assembled a panel in 1990 to create a compact with New Mexico Amerindian tribes. When the task force came to an accord with two big local bands a year later, the Governor declined to sign the agreement. He held up a deal until 1994.

    When a new governor took office in Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was now a certainty. But when the new Governor passed the accord with the Native bands, anti-wagering groups were able to hold the contract up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the accord, thus denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

    It took the CNA, signed by the New Mexico house, to get the ball rolling on a full accord amongst the State of New Mexico and its Indian tribes. Ten years had been lost for gaming in New Mexico, which includes Indian casino Bingo.

    The not for profit Bingo industry has increased since Nineteen Ninety-Nine. That year, New Mexico charity game operators brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Nonprofit Bingo earnings have grown steadily since then. 2005 witnessed the biggest year, with $1,233,289 grossed by the operators.

    Bingo is clearly favored in New Mexico. All sorts of owners look for a bit of the pie. Hopefully, the politicians are done batting over gambling as a key matter like they did in the 1990’s. That’s without doubt hopeful thinking.

     October 21st, 2022  Dayton   No comments

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