New Mexico Bingo

November 14th, 2019 Royce Leave a comment Go to comments

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New Mexico has a bitter gaming background. When the IGRA was passed by Congress in 1989, it seemed like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King assembled a working group in 1990 to create an accord with New Mexico Amerindian bands. When the panel arrived at an accord with two big local tribes a year later, the Governor declined to sign the bargain. He held up a deal until 1994.

When a new governor took office in 1995, it appeared that Indian wagering in New Mexico was now a certainty. But when the new Governor signed the contract with the American Indian bands, anti-gambling forces were able to hold the contract up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thus denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It required the CNA, signed by the New Mexico house, to get the process moving on a full contract amongst the Government of New Mexico and its Amerindian tribes. 10 years had been lost for gambling in New Mexico, which includes American Indian casino Bingo.

The nonprofit Bingo business has increased since 1999. That year, New Mexico not for profit game operators acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed one million dollars in 2001. Not for profit Bingo earnings have grown steadily since that time. Two Thousand and Five saw the greatest year, with $1,233,289 grossed by the owners.

Bingo is certainly beloved in New Mexico. All kinds of owners look for a slice of the action. With hope, the politicos are through batting over gambling as a hot button factor like they did back in the 1990’s. That’s without doubt wishful thinking.

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