Bingo in New Mexico


2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!

New Mexico has a bitter gambling background. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to get on the Indian casino craze. Politics assured that would not be the situation.

The New Mexico governor Bruce King assembled a panel in 1990 to discuss an accord with New Mexico Indian tribes. When the task force arrived at an accord with 2 prominent local tribes a year later, Governor King refused to sign the bargain. He would hold up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it appeared that Indian gaming in New Mexico was now a certainty. But when Governor Gary Johnson passed the compact with the Indian tribes, anti-wagering groups were able to hold 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 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 legislature, to get the ball rolling on a full compact between the State of New Mexico and its Native tribes. A decade had been squandered for gambling in New Mexico, which includes American Indian casino Bingo.

The not for profit Bingo industry has gotten bigger since 1999. That year, New Mexico charity game owners brought in just $3,048. That climbed to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Nonprofit Bingo revenues have increased steadily since then. 2005 witnessed the greatest year, with $1,233,289 earned by the providers.

Bingo is apparently favored in New Mexico. All types of owners try for a piece of the pie. Hopefully, the politicians are through batting around gaming as a key matter like they did in the 1990’s. That’s most likely wishful thinking.

Categories: Casino Tags:
  1. No comments yet.
  1. No trackbacks yet.
You must be logged in to post a comment.