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New Mexico Bingo

May 18
Posted by Eleanor Filed in Casino
[ English ]

New Mexico has a complex gambling history. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King assembled a panel in 1990 to negotiate a compact with New Mexico American Indian bands. When the working group arrived at an agreement with 2 important local bands a year later, the Governor declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it seemed that American Indian gaming in New Mexico was a certainty. But when Governor Gary Johnson signed the contract with the Native bands, anti-wagering groups were able to tie the accord up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, therefore costing the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, signed by the New Mexico government, to get the ball rolling on a full compact amongst the Government of New Mexico and its Indian bands. 10 years had been lost for gaming in New Mexico, which includes Amerindian casino Bingo.

The not for profit Bingo industry has increased from 1999. That year, New Mexico non-profit game providers brought in just $3,048. This number grew to $725,150 in 2000, and passed a million dollars in revenues in 2001. Non-profit Bingo revenues have grown steadily since then. 2005 saw the largest year, with $1,233,289 grossed by the operators.

Bingo is certainly beloved in New Mexico. All types of operators try for a bit of the pie. Hopefully, the politicians are done batting over gaming as an important factor like they did in the 1990’s. That is probably wishful thinking.

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May 14
Posted by Eleanor Filed in Casino

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