New Mexico Bingo

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Posted by Gerardo | Posted in Casino | Posted on 25-04-2023

New Mexico has a bitter gaming background. When the IGRA was signed 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 assured that would not be the case.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to draft a contract with New Mexico American Indian tribes. When the panel came to an accord with 2 big local bands a year later, the Governor declined to sign the agreement. He would hold up a deal until 1994.

When a new governor took over in 1995, it seemed that American Indian betting in New Mexico was now a certainty. But when Governor Gary Johnson passed the compact with the Native tribes, anti-wagering forces were able to hold the deal up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing a deal, therefore denying the state of New Mexico many 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 process moving on a full compact amongst the Government of New Mexico and its American Indian bands. A decade had been squandered for gaming in New Mexico, including American Indian casino Bingo.

The nonprofit Bingo business has grown from Nineteen Ninety-Nine. That year, New Mexico non-profit game operators brought in just $3,048. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Nonprofit Bingo earnings have grown constantly since then. 2005 witnessed the greatest year, with $1,233,289 grossed by the providers.

Bingo is clearly beloved in New Mexico. All sorts of operators look for a piece of the action. With hope, the politicians are done batting over gaming as an important matter like they did in the 90’s. That is probably wishful thinking.

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