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New Mexico Bingo

February 26th, 2023 Leave a comment Go to comments

New Mexico has a stormy gambling background. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to get on the American Indian casino bandwagon. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to negotiate a contract with New Mexico Amerindian tribes. When the task force came to an accord with two prominent local bands a year later, Governor King declined to sign the agreement. He held up a deal until 1994.

When a new governor took office in 1995, it appeared that Native betting in New Mexico was now a certainty. But when the new Governor signed the compact with the Indian tribes, anti-gambling forces were able to tie the deal up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing the deal, thus denying the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, signed by the New Mexico house, to get the process moving on a full accord amongst the Government of New Mexico and its Native tribes. 10 years had been squandered for gambling in New Mexico, which includes Indian casino Bingo.

The not for profit Bingo industry has gotten bigger since Nineteen Ninety-Nine. That year, New Mexico non-profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Nonprofit Bingo earnings have increased steadily since then. 2005 witnessed the biggest year, with $1,233,289 grossed by the providers.

Bingo is clearly favored in New Mexico. All sorts of providers look for a slice of the pie. Hopefully, the politicians are done batting over gaming as a hot button matter like they did in the 90’s. That is probably wishful thinking.

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