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New Mexico Bingo

New Mexico has a rocky gaming history. When the IGRA was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the Amerindian casino craze. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to create a contract with New Mexico Amerindian tribes. When the working group arrived at an agreement with 2 big local bands a year later, Governor King declined to sign the agreement. He would hold up a deal until Nineteen Ninety Four.

When a new governor took office in 1995, it appeared that Native betting in New Mexico was a certainty. But when Governor Gary Johnson signed the compact with the Indian bands, anti-wagering forces were able to hold the accord up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing a deal, therefore denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full accord amongst the Government of New Mexico and its Native bands. A decade had been lost for gambling in New Mexico, which includes Indian casino Bingo.

The nonprofit Bingo business has increased from Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Not for profit Bingo earnings have grown steadily since that time. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the operators.

Bingo is clearly popular in New Mexico. All kinds of providers look for a bit of the action. With hope, the politicians are done batting around gambling as a hot button matter like they did back in the 1990’s. That is most likely wishful thinking.

Posted in Casino.


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