Bingo in New Mexico

December 30th, 2009 by Gauge Leave a reply »

New Mexico has a rocky gaming past. When the Indian Gaming Regulatory Act was signed by the House in 1989, it looked like New Mexico would be one of the states to get on the Native casino bandwagon. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to draft an accord with New Mexico Native tribes. When the task force came to an accord with two big local bands a year later, the Governor refused to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it appeared that Native gaming in New Mexico was now a certainty. But when the new Governor signed the accord with the Amerindian tribes, anti-gambling forces were able to tie the accord up in courts. A New Mexico court found that the Governor had overstepped his bounds in signing a deal, therefore 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 government, to get the process moving on a full compact amongst the State of New Mexico and its American Indian bands. Ten years had been lost for gaming in New Mexico, which includes Indian casino Bingo.

The non-profit Bingo business has gotten bigger since 1999. That year, New Mexico charity game owners acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Not for profit Bingo revenues have increased steadily since that time. Two Thousand and Five saw the largest year, with $1,233,289 grossed by the operators.

Bingo is apparently favored in New Mexico. All sorts of operators look for a piece of the pie. Hopefully, the politicos are done batting over gaming as a key matter like they did in the 90’s. That is most likely hopeful thinking.

Advertisement

Leave a Reply

You must be logged in to post a comment.