New Mexico Bingo

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Posted by Walker | Posted in Casino | Posted on 14-11-2015

New Mexico has a stormy gaming background. When the IGRA was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to cash in on the American Indian casino craze. Politics assured that would not be the situation.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to draft a compact with New Mexico Native bands. When the working group came to an accord with two big local bands a year later, Governor King declined to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it appeared that Indian betting in New Mexico was now a certainty. But when the new Governor passed the accord with the Indian bands, anti-wagering forces were able to hold the accord up in courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the deal, thereby costing 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 accord amongst the State of New Mexico and its American Indian bands. Ten years had been squandered for gaming in New Mexico, including Native casino Bingo.

The non-profit Bingo business has increased since Nineteen Ninety-Nine. That year, New Mexico not for profit game providers acquired only $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded one 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 grossed by the operators.

Bingo is apparently favored in New Mexico. All kinds of providers try for a slice of the action. Hopefully, the politicos are through batting over gambling as an important factor like they did back in the 1990’s. That’s probably wishful thinking.

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