New Mexico Bingo
by Rogelio on Nov.28, 2016, under Bingo
New Mexico has a complex gambling history. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics assured that wouldn’t be the case.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to negotiate a compact with New Mexico Indian bands. When the working group arrived at an accord with 2 important local bands a year later, the Governor declined to sign the agreement. He would hold up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it appeared that Amerindian wagering in New Mexico was now a certainty. But when Governor Gary Johnson passed the accord with the Native tribes, anti-gambling forces were able to tie the deal up in courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the compact, thus denying the state of New Mexico hundreds of thousands of dollars in licensing fees 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 accord amongst the State of New Mexico and its Indian bands. A decade had been squandered for gambling in New Mexico, which includes Indian casino Bingo.
The not for profit Bingo industry has grown since Nineteen Ninety-Nine. That year, New Mexico non-profit game owners brought in just $3,048. This number grew to $725,150 in 2000, and exceeded a million dollars in 2001. Not for profit Bingo earnings have grown constantly since that time. 2005 saw the largest year, with $1,233,289 earned by the providers.
Bingo is apparently favored in New Mexico. All kinds of operators look for a bit of the action. With hope, the politicos are done batting around gaming as an important factor like they did in the 90’s. That’s most likely hopeful thinking.
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