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New Mexico Bingo

December 31st, 2016 at 3:25

New Mexico has a complex gaming past. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the Native casino bandwagon. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King announced a panel in 1990 to create an accord with New Mexico Native tribes. When the panel came to an accord with two big local tribes a year later, Governor King declined to sign the agreement. He would hold up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it seemed that Native betting in New Mexico was a certainty. But when the new Governor passed the compact with the Native bands, anti-gambling forces were able to tie the contract up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing a deal, therefore denying the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, passed by the New Mexico legislature, to get the ball rolling on a full accord amongst the State of New Mexico and its Indian tribes. 10 years had been burned for gaming in New Mexico, which includes Amerindian casino Bingo.

The not for profit Bingo industry has grown since 1999. That year, New Mexico not for profit game operators brought in only $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Nonprofit Bingo earnings have increased constantly since then. Two Thousand and Five witnessed the greatest year, with $1,233,289 grossed by the providers.

Bingo is certainly favored in New Mexico. All kinds of owners try for a slice of the action. Hopefully, the politicos are done batting around gaming as a key matter like they did in the 90’s. That’s without doubt wishful thinking.

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