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Bingo in New Mexico

New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the Indian casino craze. Politics guaranteed that would not be the case.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to discuss a compact with New Mexico Indian tribes. When the working group came to an accord with two important local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took over in 1995, it appeared that Indian gambling in New Mexico was a certainty. But when the new Governor passed the compact with the American Indian tribes, anti-gaming forces were able to hold the deal up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing the deal, thereby costing 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 legislature, to get the ball rolling on a full contract between the Government of New Mexico and its Native tribes. Ten years had been squandered for gaming in New Mexico, including Amerindian casino Bingo.

The nonprofit Bingo industry has grown from Nineteen Ninety-Nine. That year, New Mexico not for profit game providers acquired only $3,048. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Not for profit Bingo revenues have increased steadily since then. Two Thousand and Five witnessed the greatest year, with $1,233,289 earned by the operators.

Bingo is categorically favored in New Mexico. All types of operators look for a piece of the action. Hopefully, the politicians are through batting around gaming as a hot button matter like they did back in the 90’s. That is probably wishful thinking.

Posted in Casino.


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