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New Mexico Bingo

New Mexico has a rocky gaming history. When the IGRA was passed by Congress in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King appointed a panel in 1990 to create a contract with New Mexico Amerindian bands. When the working group came to an accord with two prominent local tribes a year later, the Governor declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it seemed that Amerindian wagering in New Mexico was a certainty. But when the new Governor passed the accord with the Amerindian bands, anti-gambling groups were able to tie the deal up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the compact, therefore costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico government, to get the ball rolling on a full contract amongst the State of New Mexico and its Amerindian tribes. A decade had been burned for gaming in New Mexico, which includes Indian casino Bingo.

The non-profit Bingo business has gotten bigger from 1999. In that year, New Mexico not for profit game operators acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and passed a million dollars in revenues in 2001. Not for profit Bingo earnings have grown steadily since then. 2005 saw the greatest year, with $1,233,289 earned by the owners.

Bingo is categorically favored in New Mexico. All types of operators try for a slice of the action. Hopefully, the politicians are through batting around gambling as a key factor like they did in the 1990’s. That is without doubt wishful thinking.

Posted in Casino.


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