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New Mexico Bingo

July 15th, 2024 at 7:25

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

The New Mexico governor Bruce King announced a working group in 1990 to create an accord with New Mexico American Indian bands. When the task force came to an accord with two important local bands a year later, the Governor declined to sign the bargain. He would hold up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it appeared that American Indian gaming in New Mexico was now a certainty. But when the new Governor passed the accord with the American Indian bands, anti-wagering forces were able to hold the accord up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the deal, thus denying the government of New Mexico many 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 compact between the Government of New Mexico and its Amerindian bands. 10 years had been squandered for gambling in New Mexico, including Indian casino Bingo.

The nonprofit Bingo business has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico charity game owners acquired 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 increased constantly since that time. Two Thousand and Five saw the greatest year, with $1,233,289 grossed by the providers.

Bingo is categorically favored in New Mexico. All types of operators try for a piece of the pie. Hopefully, the politicos are done batting around gaming as a key issue like they did in the 1990’s. That is probably hopeful thinking.

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