Archive for February, 2020

New Mexico Bingo

New Mexico has a complex gaming background. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it seemed like New Mexico would be one of the states to cash in on the Indian casino bandwagon. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King assembled a panel in Nineteen Ninety to negotiate a compact with New Mexico Native tribes. When the task force came to an accord with two prominent local tribes a year later, the Governor refused to sign the bargain. He held up a deal until 1994.

When a new governor took over in 1995, it appeared that Indian wagering in New Mexico was a certainty. But when the new Governor signed the compact with the American Indian bands, anti-gambling groups were able to tie the deal up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thus denying the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, signed by the New Mexico government, to get the ball rolling on a full contract between the Government of New Mexico and its Amerindian bands. A decade had been squandered for gambling in New Mexico, including Indian casino Bingo.

The nonprofit Bingo business has increased since Nineteen Ninety-Nine. In that year, New Mexico charity game owners acquired 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 increased steadily since then. 2005 witnessed the biggest year, with $1,233,289 earned by the operators.

Bingo is clearly favored in New Mexico. All sorts of operators try for a piece of the pie. Hopefully, the politicians are done batting around gambling as an important factor like they did in the 1990’s. That is without doubt wishful thinking.

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