Bingo in New Mexico

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Posted by Kael | Posted in Casino | Posted on 01-02-2022

New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico might be one of the states to get on the Amerindian casino bandwagon. Politics assured that would not be the situation.

The New Mexico governor Bruce King appointed a panel in 1990 to draft a contract with New Mexico Amerindian tribes. When the panel came to an accord with two prominent local tribes a year later, the Governor declined to sign the bargain. He would hold up a deal until 1994.

When a new governor took over in 1995, it appeared that American Indian wagering in New Mexico was a certainty. But when Governor Gary Johnson passed the accord with the Indian bands, anti-gambling groups were able to hold the contract up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It required the CNA, passed by the New Mexico government, to get the process moving on a full accord between the State of New Mexico and its Amerindian tribes. A decade had been burned for gaming in New Mexico, including American Indian casino Bingo.

The not for profit Bingo business has increased from Nineteen Ninety-Nine. In that year, New Mexico charity game owners brought in only $3,048. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Not for profit Bingo revenues have grown steadily since then. Two Thousand and Five witnessed the largest year, with $1,233,289 grossed by the providers.

Bingo is clearly favored in New Mexico. All kinds of operators try for a slice of the pie. Hopefully, the politicos are through batting over gaming as a key factor like they did in the 1990’s. That is without doubt wishful thinking.

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