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Bingo in New Mexico

Written by Caleb. No comments Posted in: Casino

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New Mexico has a bitter gambling history. When the IGRA was passed by Congress in 1989, it looked like New Mexico would be one of the states to cash in on the Amerindian casino bandwagon. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King assembled a working group in Nineteen Ninety to negotiate an accord with New Mexico Indian tribes. When the working group arrived at an agreement with two prominent local bands a year later, Governor King refused to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took office in 1995, it appeared that Native gambling in New Mexico was a certainty. But when the new Governor passed the compact with the Native bands, anti-wagering forces were able to tie the deal up in the courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the compact, therefore costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full compact amongst the Government of New Mexico and its Amerindian bands. Ten years had been squandered for gaming in New Mexico, including American Indian casino Bingo.

The not for profit Bingo industry has increased since 1999. That year, New Mexico not for profit game operators acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Not for profit Bingo earnings have increased steadily since then. Two Thousand and Five witnessed the biggest year, with $1,233,289 grossed by the owners.

Bingo is categorically favored in New Mexico. All kinds of owners look for a slice of the pie. With hope, the politicians are done batting over gaming as a key matter like they did in the 90’s. That is most likely hopeful thinking.

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