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New Mexico Bingo

December 18th, 2019 Leave a comment Go to comments

New Mexico has a bitter gambling background. When the Indian Gaming Regulatory Act was signed by the House in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the American Indian casino bandwagon. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to discuss an accord with New Mexico Amerindian tribes. When the panel arrived at an agreement with 2 big local bands a year later, the Governor declined to sign the agreement. He held up a deal until 1994.

When a new governor took office in 1995, it seemed that American Indian wagering in New Mexico was a certainty. But when the new Governor signed the contract with the Native bands, anti-wagering groups were able to tie the deal up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the deal, therefore costing the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the Compact Negotiation Act, signed by the New Mexico house, to get the process moving on a full contract between the State of New Mexico and its Native bands. A decade had been squandered for gambling in New Mexico, which includes Indian casino Bingo.

The not for profit Bingo business has increased since 1999. In that year, New Mexico non-profit game providers brought in only $3,048. That climbed to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Non-profit Bingo earnings have grown steadily since that time. 2005 witnessed the greatest year, with $1,233,289 grossed by the owners.

Bingo is clearly favored in New Mexico. All types of providers try for a bit of the action. With hope, the politicians are done batting around gaming as an important issue like they did in the 1990’s. That is most likely wishful thinking.

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