New Mexico Bingo
by Hudson on January 2nd, 2016
New Mexico has a complex gaming history. When the IGRA was signed by the House in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the Amerindian casino bandwagon. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King announced a panel in Nineteen Ninety to discuss a compact with New Mexico Amerindian bands. When the task force arrived at an accord with 2 prominent local tribes a year later, the Governor refused to sign the agreement. He would hold up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it seemed that American Indian gaming in New Mexico was now a certainty. But when the new Governor signed the contract with the Amerindian bands, anti-gambling groups were able to hold the contract up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing the deal, therefore denying the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It took the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full compact between the Government of New Mexico and its Native bands. 10 years had been lost for gaming in New Mexico, which includes American Indian casino Bingo.
The not for profit Bingo industry has grown from Nineteen Ninety-Nine. That year, New Mexico non-profit game providers brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed a million dollars in 2001. Nonprofit Bingo earnings have increased steadily since then. 2005 saw the biggest year, with $1,233,289 earned by the owners.
Bingo is apparently favored in New Mexico. All types of operators look for a bit of the pie. With hope, the politicians are done batting over gaming as an important matter like they did in the 1990’s. That is without doubt wishful thinking.
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