»
S
I
D
E
B
A
R
«
New Mexico Bingo
May 8th, 2021 by Quinn

New Mexico has a rocky gambling background. When the IGRA was signed by the House in 1989, it looked like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King assembled a task force in 1990 to discuss an accord with New Mexico Amerindian bands. When the working group came to an accord with 2 big local bands a year later, Governor King declined to sign the bargain. He held up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it seemed that 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 hold the deal up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, thus costing the government of New Mexico many hundreds of thousands of dollars in licensing fees 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 amongst the State of New Mexico and its American Indian tribes. A decade had been squandered for gambling in New Mexico, including American Indian casino Bingo.

The non-profit Bingo business has gotten bigger since Nineteen Ninety-Nine. That year, New Mexico not for profit game owners brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Not for profit Bingo revenues have grown steadily since that time. 2005 saw the greatest year, with $1,233,289 grossed by the owners.

Bingo is apparently beloved in New Mexico. All types of operators try for a slice of the action. Hopefully, the politicos are through batting around gambling as a key factor like they did in the 1990’s. That is probably hopeful thinking.


Leave a Reply

You must be logged in to post a comment.

»  Substance: WordPress   »  Style: Ahren Ahimsa