New Mexico Bingo

December 16th, 2019 Royce Leave a comment Go to comments

2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!
[ English ]

New Mexico has a rocky gaming past. When the IGRA was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics assured that would not be the case.

The New Mexico governor Bruce King appointed a panel in 1990 to discuss an accord with New Mexico American Indian tribes. When the panel arrived at an accord with 2 important local bands a year later, Governor King refused to sign the agreement. He would hold up a deal until 1994.

When a new governor took office in 1995, it seemed that Native betting in New Mexico was now a certainty. But when Governor Gary Johnson signed the contract with the American Indian bands, anti-gaming forces were able to hold the deal up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, thereby denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, passed by the New Mexico government, to get the process moving on a full compact amongst the State of New Mexico and its Native tribes. A decade had been squandered for gaming in New Mexico, including Indian casino Bingo.

The non-profit Bingo industry has gotten bigger since Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded a million dollars in 2001. Not for profit Bingo earnings have grown constantly since that time. 2005 saw the largest year, with $1,233,289 grossed by the operators.

Bingo is certainly beloved in New Mexico. All types of operators look for a slice of the pie. With hope, the politicians are done batting over gambling as an important factor like they did back in the 90’s. That is most likely hopeful thinking.

Categories: Casino Tags:
  1. No comments yet.
  1. No trackbacks yet.
You must be logged in to post a comment.