New Mexico Bingo

0

Posted by Maritza | Posted in Bingo | Posted on 23-04-2023

[ English ]

New Mexico has a stormy gaming past. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it seemed like New Mexico might be one of the states to get on the Native casino craze. Politics guaranteed that would not be the case.

The New Mexico governor Bruce King assembled a working group in Nineteen Ninety to draft a contract with New Mexico Indian tribes. When the working group came to an accord with 2 important local bands a year later, Governor King refused to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

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

It took the Compact Negotiation Act, signed by the New Mexico house, to get the process moving on a full accord between the State of New Mexico and its Native bands. A decade had been squandered for gaming in New Mexico, including Native casino Bingo.

The not for profit Bingo business has increased from Nineteen Ninety-Nine. In that year, New Mexico not for profit game operators brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed one million dollars in 2001. Nonprofit Bingo revenues have increased constantly since then. Two Thousand and Five saw the biggest year, with $1,233,289 grossed by the owners.

Bingo is apparently favored in New Mexico. All types of owners try for a slice of the action. With hope, the politicos are through batting around gambling as a hot button issue like they did back in the 90’s. That is most likely wishful thinking.

Write a comment

You must be logged in to post a comment.