New Mexico Bingo
New Mexico has a bitter gaming background. When the Indian Gaming Regulatory Act was passed by the House in 1989, it looked like New Mexico might be one of the states to get on the American Indian casino craze. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King announced a working group in Nineteen Ninety to negotiate a contract with New Mexico Native bands. When the working group came to an accord with 2 big local bands a year later, the Governor refused to sign the bargain. He would hold up a deal until 1994.
When a new governor took over in 1995, it seemed that Indian betting in New Mexico was a certainty. But when the new Governor signed the accord with the Native bands, anti-gaming forces were able to hold the deal up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, thereby denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It took the Compact Negotiation Act, passed by the New Mexico legislature, to get the ball rolling on a full accord between the State of New Mexico and its American Indian bands. 10 years had been lost for gambling in New Mexico, including American Indian casino Bingo.
The not for profit Bingo business has increased since Nineteen Ninety-Nine. That year, New Mexico charity game providers brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Non-profit Bingo earnings have increased constantly since that time. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the operators.
Bingo is clearly favored in New Mexico. All sorts of owners try for a piece of the pie. Hopefully, the politicos are done batting around gaming as a hot button matter like they did back in the 90’s. That is most likely hopeful thinking.
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.