Bingo in New Mexico

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Posted by Selena | Posted in Casino | Posted on 19-01-2022

[ English ]

New Mexico has a rocky gambling history. When the IGRA was signed by the House in 1989, it seemed like New Mexico might be one of the states to cash in on the Indian casino craze. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King assembled a panel in Nineteen Ninety to discuss an accord with New Mexico Indian tribes. When the working group came to an agreement with 2 big local bands a year later, Governor King refused to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it seemed that Amerindian betting in New Mexico was now a certainty. But when Governor Gary Johnson passed the accord with the Indian tribes, anti-gaming groups were able to hold the deal up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the compact, thus denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, signed by the New Mexico legislature, to get the process moving on a full compact amongst the State of New Mexico and its Indian tribes. A decade had been burned for gambling in New Mexico, including Native casino Bingo.

The not for profit Bingo business has grown from Nineteen Ninety-Nine. That year, New Mexico non-profit game owners acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Nonprofit Bingo earnings have grown steadily since then. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the providers.

Bingo is categorically popular in New Mexico. All types of owners try for a slice of the pie. Hopefully, the politicos are done batting around gambling as a key factor like they did in the 1990’s. That’s without doubt wishful thinking.

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