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New Mexico Bingo

September 22nd, 2024 at 13:25

New Mexico has a bitter gambling history. When the IGRA was passed by the House in Nineteen Eighty Nine, it seemed like New Mexico might 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 appointed a panel in 1990 to create a compact with New Mexico Amerindian bands. When the task force came to an accord with two important local bands a year later, the Governor declined to sign the agreement. He held up a deal until 1994.

When a new governor took office in 1995, it appeared that Indian wagering in New Mexico was a certainty. But when Governor Gary Johnson signed the compact with the Amerindian tribes, anti-gambling groups were able to tie the contract up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, therefore costing the state 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 contract between the State of New Mexico and its American Indian tribes. 10 years had been squandered for gaming in New Mexico, including Indian casino Bingo.

The nonprofit Bingo industry has gotten bigger from Nineteen Ninety-Nine. That year, New Mexico non-profit game owners brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Non-profit Bingo revenues have increased steadily since that time. Two Thousand and Five saw the largest year, with $1,233,289 grossed by the providers.

Bingo is certainly popular in New Mexico. All types of operators look for a bit of the action. With hope, the politicos are done batting around gaming as a key factor like they did back in the 1990’s. That is most likely wishful thinking.

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