New Mexico Bingo
New Mexico has a stormy gambling history. When the Indian Gaming Regulatory Act was passed by the House in 1989, it looked like New Mexico would be one of the states to get on the American Indian casino craze. Politics guaranteed that would not be the case.
The New Mexico governor Bruce King appointed a panel in 1990 to negotiate a contract with New Mexico Indian tribes. When the task force came to an accord with two important local tribes a year later, Governor King declined to sign the agreement. He would hold up a deal until 1994.
When a new governor took office in Nineteen Ninety Five, it appeared that Indian wagering in New Mexico was a certainty. But when the new Governor passed the accord with the Indian tribes, anti-wagering groups 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, therefore denying the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It required the CNA, passed by the New Mexico house, to get the process moving on a full compact amongst the Government of New Mexico and its Native tribes. A decade had been lost for gambling in New Mexico, which includes Native casino Bingo.
The nonprofit Bingo business has gotten bigger from 1999. In that year, New Mexico not for profit game owners brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Not for profit Bingo earnings have increased constantly since then. Two Thousand and Five witnessed the largest year, with $1,233,289 grossed by the owners.
Bingo is categorically favored in New Mexico. All kinds of providers try for a piece of the pie. With hope, the politicos are done batting over gambling as a hot button matter like they did back in the 1990’s. That’s probably wishful thinking.
Leave a Reply
You must be logged in to post a comment.