Bingo in New Mexico

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Posted by Maritza | Posted in Bingo | Posted on 03-08-2022

New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico might be one of the states to cash in on the Amerindian casino bandwagon. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King announced a panel in 1990 to create a contract with New Mexico Native tribes. When the working group arrived at an agreement with 2 important local bands a year later, the Governor refused to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it appeared that Native gambling in New Mexico was now a certainty. But when the new Governor passed the contract with the Amerindian tribes, anti-gambling groups were able to hold the deal up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the accord, 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, signed by the New Mexico government, to get the ball rolling on a full compact between the Government of New Mexico and its Native bands. Ten years had been lost for gambling in New Mexico, which includes American Indian casino Bingo.

The nonprofit Bingo business has gotten bigger from Nineteen Ninety-Nine. That year, New Mexico non-profit game operators brought in just $3,048. This number grew to $725,150 in 2000, and passed a million dollars in revenues in 2001. Nonprofit Bingo earnings have grown steadily since then. Two Thousand and Five witnessed the greatest year, with $1,233,289 earned by the providers.

Bingo is certainly popular in New Mexico. All types of operators try for a slice of the action. Hopefully, the politicos are done batting around gambling as an important factor like they did in the 1990’s. That is most likely hopeful thinking.

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