New Mexico Bingo

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Posted by Maritza | Posted in Bingo | Posted on 01-08-2023

New Mexico has a stormy gambling background. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it looked like New Mexico would be one of the states to get on the American Indian casino bandwagon. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to discuss an accord with New Mexico Amerindian tribes. When the working group arrived at an accord with two important local tribes a year later, Governor King declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it seemed that American Indian wagering in New Mexico was a certainty. But when the new Governor passed the accord with the Amerindian tribes, anti-wagering groups were able to tie the contract up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the deal, thereby 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 government, to get the process moving on a full contract between the Government of New Mexico and its Native tribes. 10 years had been burned for gaming in New Mexico, which includes Amerindian casino Bingo.

The nonprofit Bingo business has grown since 1999. That year, New Mexico charity game providers brought in only $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Non-profit Bingo earnings have grown steadily since that time. 2005 saw the greatest year, with $1,233,289 grossed by the owners.

Bingo is apparently favored in New Mexico. All kinds of operators try for a slice of the action. With hope, the politicians are done batting around gambling as a hot button factor like they did back in the 90’s. That is without doubt hopeful thinking.

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