New Mexico Bingo

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Posted by Maritza | Posted in Bingo | Posted on 11-09-2024

New Mexico has a rocky gambling history. When the Indian Gaming Regulatory Act was signed by the House in 1989, it looked like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to negotiate a contract with New Mexico Native tribes. When the task force arrived at an agreement with two prominent local tribes a year later, the Governor refused to sign the agreement. He held up a deal until 1994.

When a new governor took over in 1995, it seemed that American Indian gambling in New Mexico was now a certainty. But when the new Governor passed the contract with the Amerindian tribes, anti-wagering groups were able to hold the deal up in courts. A New Mexico court found that the Governor had overstepped his bounds in signing the deal, therefore costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, passed by the New Mexico house, to get the process moving on a full compact amongst the State of New Mexico and its American Indian tribes. 10 years had been lost for gambling in New Mexico, including Amerindian casino Bingo.

The non-profit Bingo industry has gotten bigger since 1999. In that year, New Mexico charity game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Non-profit Bingo revenues have increased steadily since that time. 2005 witnessed the largest year, with $1,233,289 earned by the providers.

Bingo is categorically favored in New Mexico. All sorts of operators look for a bit of the action. With hope, the politicians are done batting around gambling as a key matter like they did in the 1990’s. That is most likely wishful thinking.

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