New Mexico Bingo

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Posted by Walker | Posted in Casino | Posted on 27-10-2015

[ English ]

New Mexico has a complex gaming 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 get on the American Indian casino craze. Politics assured that would not be the situation.

The New Mexico governor Bruce King appointed a task force in 1990 to discuss a compact with New Mexico Indian bands. When the panel came to an agreement with 2 big local tribes a year later, the Governor refused to sign the bargain. He held up a deal until 1994.

When a new governor took over in 1995, it seemed that Native wagering in New Mexico was a certainty. But when the new Governor passed the contract with the Indian tribes, anti-wagering forces were able to tie the contract up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the deal, thus costing the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, signed by the New Mexico legislature, to get the process moving on a full compact amongst the State of New Mexico and its Indian bands. A decade had been squandered for gaming in New Mexico, which includes Indian casino Bingo.

The not for profit Bingo business has increased from Nineteen Ninety-Nine. That year, New Mexico charity game providers acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and passed a million dollars in 2001. Not for profit Bingo revenues have increased constantly since that time. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the providers.

Bingo is clearly popular in New Mexico. All kinds of owners look for a bit of the pie. With hope, the politicians are through batting over gambling as a hot button issue like they did back in the 1990’s. That’s probably wishful thinking.

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