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New Mexico Bingo

April 28th, 2016 at 7:21

New Mexico has a stormy gaming history. When the IGRA was signed by Congress in 1989, it looked like New Mexico might be one of the states to cash in on the Amerindian casino bandwagon. Politics assured that would not be the case.

The New Mexico governor Bruce King announced a working group in Nineteen Ninety to negotiate a compact with New Mexico Native bands. When the task force arrived at an accord with two prominent local bands a year later, Governor King declined to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it seemed that Native betting in New Mexico was a certainty. But when Governor Gary Johnson signed the accord with the Amerindian tribes, anti-wagering forces were able to hold the accord up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thereby costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, passed by the New Mexico house, to get the process moving on a full compact between the State of New Mexico and its Indian tribes. A decade had been squandered for gaming in New Mexico, which includes Indian casino Bingo.

The nonprofit Bingo industry has grown since Nineteen Ninety-Nine. That year, New Mexico not for profit game operators brought in just $3,048. This number grew to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Not for profit Bingo revenues have grown constantly since then. 2005 saw the biggest year, with $1,233,289 earned by the operators.

Bingo is categorically favored in New Mexico. All kinds of providers look for a slice of the pie. With hope, the politicians are done batting around gaming as an important issue like they did in the 1990’s. That’s probably hopeful thinking.

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