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New Mexico Bingo

New Mexico has a complex gambling background. When the IGRA was signed by the House in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the Amerindian casino bandwagon. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King announced a panel in 1990 to create a contract with New Mexico Native bands. When the panel came to an accord with 2 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 appeared that Native gambling in New Mexico was a certainty. But when the new Governor signed the contract with the American Indian bands, anti-gaming forces were able to tie the contract up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, thus costing the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the Compact Negotiation Act, signed by the New Mexico government, to get the process moving on a full accord amongst the State of New Mexico and its Amerindian tribes. Ten years had been burned for gaming in New Mexico, which includes American Indian casino Bingo.

The nonprofit Bingo business has gotten bigger since 1999. In that year, New Mexico not for profit game owners acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Nonprofit Bingo revenues have grown constantly since that time. Two Thousand and Five witnessed the greatest year, with $1,233,289 grossed by the owners.

Bingo is categorically popular in New Mexico. All sorts of providers look for a piece of the pie. With hope, the politicians are through batting around gambling as a hot button issue like they did back in the 1990’s. That’s probably wishful thinking.

Posted in Casino.


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