New Mexico Bingo

by Heath on November 26th, 2015

New Mexico has a complex gambling background. When the Indian Gaming Regulatory Act was signed by the House in 1989, it looked like New Mexico would be one of the states to get on the Native casino bandwagon. Politics assured that would not be the case.

The New Mexico governor Bruce King assembled a task force in 1990 to discuss a compact with New Mexico Indian tribes. When the working group arrived at an accord with two big local tribes a year later, Governor King refused to sign the agreement. He held up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it appeared that Amerindian betting in New Mexico was now a certainty. But when Governor Gary Johnson passed the compact with the Native bands, anti-wagering groups were able to hold the deal up in the courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the deal, thus denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, passed by the New Mexico house, to get the process moving on a full compact between the State of New Mexico and its American Indian tribes. A decade had been squandered for gambling in New Mexico, which includes Amerindian casino Bingo.

The nonprofit Bingo industry has increased since Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Non-profit Bingo earnings have grown steadily since then. 2005 saw the biggest year, with $1,233,289 earned by the owners.

Bingo is clearly favored in New Mexico. All kinds of operators look for a slice of the pie. Hopefully, the politicians are through batting over gaming as a key issue like they did in the 90’s. That is without doubt hopeful thinking.

Leave a Reply

You must be logged in to post a comment.