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New Mexico Bingo

January 14th, 2016 Leave a comment Go to comments

New Mexico has a stormy gambling background. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it looked like New Mexico might be one of the states to get on the Native casino craze. Politics assured that would not be the case.

The New Mexico governor Bruce King announced a panel in 1990 to discuss an accord with New Mexico Amerindian bands. When the working group arrived at an accord with two big local bands a year later, the Governor refused to sign the bargain. He would hold 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 the new Governor passed the contract with the Amerindian tribes, anti-gambling groups were able to tie the contract up in the courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the compact, therefore denying the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It required the CNA, signed by the New Mexico government, to get the process moving on a full compact between the State of New Mexico and its Amerindian bands. Ten years had been burned for gaming in New Mexico, including Native casino Bingo.

The nonprofit Bingo business has grown from Nineteen Ninety-Nine. That year, New Mexico non-profit game providers acquired only $3,048. This number grew to $725,150 in 2000, and exceeded one million dollars in 2001. Non-profit Bingo revenues have grown steadily since that time. 2005 saw the biggest year, with $1,233,289 grossed by the providers.

Bingo is clearly beloved in New Mexico. All types of operators try for a bit of the action. With hope, the politicos are through batting around gaming as an important matter like they did in the 90’s. That’s without doubt wishful thinking.

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