New Mexico Bingo
Saturday, 29. June 2024
New Mexico has a rocky gambling past. When the IGRA was signed by Congress in 1989, it seemed like New Mexico would be one of the states to cash in on the Native casino craze. Politics assured that would not be the situation.
The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to draft an accord with New Mexico American Indian bands. When the panel arrived at an agreement with two big local tribes a year later, Governor King declined to sign the agreement. He would hold up a deal until Nineteen Ninety Four.
When a new governor took over in Nineteen Ninety Five, it appeared that American Indian betting in New Mexico was now a certainty. But when the new Governor signed the contract with the Indian bands, anti-wagering groups were able to hold the deal up in courts. A New Mexico court found that the Governor had overstepped his bounds in signing the compact, thereby costing the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It required the Compact Negotiation Act, passed by the New Mexico government, to get the process moving on a full compact amongst the Government of New Mexico and its Native tribes. 10 years had been lost for gambling in New Mexico, which includes Amerindian casino Bingo.
The not for profit Bingo industry has gotten bigger since Nineteen Ninety-Nine. That year, New Mexico non-profit game operators acquired just $3,048. That climbed to $725,150 in 2000, and passed a million dollars in 2001. Nonprofit Bingo revenues have increased steadily since then. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the providers.
Bingo is categorically popular in New Mexico. All kinds of operators try for a bit of the action. With hope, the politicos are done batting around gambling as a hot button issue like they did in the 90’s. That is without doubt hopeful thinking.
Posted in Casino by Jaime