New Mexico Bingo

August 22nd, 2021 Gael Leave a comment Go to comments

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New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it seemed like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to draft a compact with New Mexico Amerindian bands. When the panel arrived at an agreement with two big local tribes a year later, Governor King refused to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it seemed that American Indian wagering in New Mexico was now a certainty. But when the new Governor passed the compact with the Amerindian tribes, anti-wagering groups were able to tie the accord up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, thus 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, passed by the New Mexico legislature, to get the ball rolling on a full contract between the State of New Mexico and its American Indian tribes. 10 years had been burned for gaming in New Mexico, including Amerindian casino Bingo.

The not for profit Bingo business has grown since 1999. That year, New Mexico non-profit game owners brought in only $3,048. This number grew to $725,150 in 2000, and surpassed one million dollars in 2001. Non-profit Bingo earnings have grown steadily since that time. Two Thousand and Five witnessed the biggest year, with $1,233,289 grossed by the operators.

Bingo is certainly popular in New Mexico. All sorts of operators look for a piece of the pie. Hopefully, the politicos are done batting around gambling as an important issue like they did in the 90’s. That is most likely wishful thinking.

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