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New Mexico Bingo

June 3rd, 2021 at 19:25

New Mexico has a complex gambling background. When the Indian Gaming Regulatory Act was passed by the House in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to get on the Amerindian casino craze. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King announced 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, the Governor 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 appeared that American Indian betting in New Mexico was now a certainty. But when the new Governor passed the accord with the Indian bands, anti-wagering groups were able to hold the contract up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the deal, thus 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 contract amongst the State of New Mexico and its Amerindian bands. Ten years had been lost for gaming in New Mexico, which includes Amerindian casino Bingo.

The not for profit Bingo industry has gotten bigger since 1999. That year, New Mexico non-profit game owners brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and passed a million dollars in 2001. Non-profit Bingo revenues have increased constantly since that time. 2005 saw the greatest year, with $1,233,289 earned by the owners.

Bingo is certainly beloved in New Mexico. All sorts of operators try for a slice of the action. With hope, the politicians are done batting around gambling as a hot button issue like they did back in the 90’s. That’s without doubt wishful thinking.

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