New Mexico Bingo

0

Posted by Titus | Posted in Casino | Posted on 09-08-2023

[ English ]

New Mexico has a rocky gaming past. When the IGRA was signed by the House in 1989, it looked like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King appointed a working group in 1990 to create an accord with New Mexico American Indian tribes. When the panel came to an agreement with two important local tribes a year later, Governor King refused to sign the agreement. He would hold up a deal until Nineteen Ninety Four.

When a new governor took office in 1995, it seemed that American Indian gambling in New Mexico was a certainty. But when Governor Gary Johnson signed the compact with the Indian tribes, anti-gaming groups were able to hold the accord up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, passed by the New Mexico house, to get the ball rolling on a full compact amongst the Government of New Mexico and its Amerindian bands. A decade had been burned for gambling in New Mexico, which includes Indian casino Bingo.

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

Bingo is categorically popular in New Mexico. All kinds of operators look for a bit of the pie. With hope, the politicians are through batting around gaming as a hot button factor like they did back in the 1990’s. That’s probably hopeful thinking.

Write a comment

You must be logged in to post a comment.