New Mexico Bingo

0

Posted by Titus | Posted in Casino | Posted on 06-02-2018

New Mexico has a stormy gambling history. When the IGRA was passed by Congress in 1989, it looked like New Mexico would be one of the states to get on the Native casino craze. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King appointed a panel in 1990 to draft a compact with New Mexico Amerindian bands. When the panel came to an accord with 2 prominent 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 Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was a certainty. But when the new Governor passed the accord with the Native tribes, anti-wagering groups were able to hold the deal up in the courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the compact, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, signed by the New Mexico legislature, to get the process moving on a full compact between the Government of New Mexico and its Amerindian tribes. A decade had been burned for gaming in New Mexico, which includes Indian casino Bingo.

The nonprofit Bingo business has increased from Nineteen Ninety-Nine. In that year, New Mexico non-profit game operators brought in only $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Not for profit Bingo earnings have increased constantly since that time. Two Thousand and Five witnessed the greatest year, with $1,233,289 grossed by the owners.

Bingo is clearly favored in New Mexico. All kinds of owners look for a slice of the action. Hopefully, the politicians are done batting over gaming as a hot button matter like they did in the 90’s. That is most likely hopeful thinking.

Write a comment

You must be logged in to post a comment.