• New Mexico Bingo

    New Mexico has a stormy gambling past. When the IGRA was passed by Congress in 1989, it looked like New Mexico would be one of the states to cash in on the Indian casino bandwagon. Politics guaranteed that would not be the situation.

    The New Mexico governor Bruce King assembled a panel in Nineteen Ninety to negotiate an accord with New Mexico American Indian tribes. When the task force came to an accord with two big local tribes a year later, Governor King 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 Amerindian betting in New Mexico was a certainty. But when Governor Gary Johnson passed the contract with the American Indian tribes, anti-gaming groups were able to hold the deal up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the deal, thus denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

    It took the CNA, passed by the New Mexico legislature, to get the ball rolling on a full compact between the State of New Mexico and its Native tribes. Ten years had been squandered for gaming in New Mexico, including Indian casino Bingo.

    The nonprofit Bingo business has increased since Nineteen Ninety-Nine. That year, New Mexico charity game operators acquired only $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded one million dollars in 2001. Nonprofit 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 certainly popular in New Mexico. All kinds of operators look for a slice of the pie. With hope, the politicians are through batting over gaming as a hot button issue like they did back in the 90’s. That is most likely wishful thinking.

     September 24th, 2024  Alvin   No comments

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