Archive for February, 2008

Bingo in New Mexico

New Mexico has a rocky gambling past. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it looked like New Mexico might be one of the states to cash in on the Native casino bandwagon. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King assembled a working group in 1990 to create a compact with New Mexico Indian tribes. When the panel came to an agreement with two big local bands a year later, Governor King refused to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was now a certainty. But when the new Governor signed a compact with the Native tribes, anti-gambling forces were able to hold the contract up in courts. A New Mexico court found that Governor Johnson had outstepped his bounds in signing the deal, thus costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the CNA, signed by the New Mexico legislature, to get the process moving on a full contract amongst the State of New Mexico and its American Indian tribes. 10 years had been squandered for gambling in New Mexico, including Indian casino Bingo.

The nonprofit Bingo industry has grown since 1999. In that year, New Mexico non-profit game operators brought in just $3,048. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Not for profit Bingo earnings have grown constantly since then. Two Thousand and Five saw the greatest year, with $1,233,289 grossed by the operators.

Bingo is apparently favored in New Mexico. All types of operators look for a bit of the pie. Hopefully, the politicians are done batting around gambling as a important matter like they did in the 1990’s. That is without doubt wishful thinking.

No Comments