• New Mexico Bingo

    New Mexico has a complex gambling background. When the Indian Gaming Regulatory Act was signed by the House in 1989, it seemed like New Mexico might be one of the states to cash in on the American Indian casino craze. Politics assured 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 American Indian bands. When the panel came to an agreement with 2 important local bands a year later, the Governor refused to sign the agreement. He held up a deal until 1994.

    When a new governor took over in 1995, it seemed that American Indian betting in New Mexico was a certainty. But when the new Governor signed the compact with the Native tribes, anti-wagering groups were able to tie the contract up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the compact, thus costing the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

    It required the Compact Negotiation Act, passed by the New Mexico house, to get the process moving on a full compact between the Government of New Mexico and its Amerindian bands. 10 years had been burned for gaming in New Mexico, including Native casino Bingo.

    The non-profit Bingo business has increased since 1999. In that year, New Mexico charity game operators brought in just $3,048. This number grew to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Nonprofit Bingo revenues have grown constantly since that time. Two Thousand and Five witnessed the greatest year, with $1,233,289 earned by the operators.

    Bingo is clearly popular in New Mexico. All kinds of operators look for a bit of the action. Hopefully, the politicos are done batting around gambling as a key issue like they did in the 1990’s. That’s most likely wishful thinking.

     February 11th, 2021  Callie   No comments

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