07.24
Bingo in New Mexico
New Mexico has a complex gaming past. When the IGRA was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics assured that wouldn’t be the situation.
The New Mexico governor Bruce King appointed a working group in Nineteen Ninety to draft an accord with New Mexico Indian bands. When the panel arrived at an agreement with two important local bands a year later, the Governor refused to sign the agreement. He held up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it appeared that Indian wagering in New Mexico was now a certainty. But when the new Governor signed the accord with the American Indian bands, anti-gaming groups were able to hold the deal up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing a deal, thus costing the government of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.
It took the CNA, signed by the New Mexico house, to get the process moving on a full contract between the Government of New Mexico and its Indian bands. A decade had been burned for gaming in New Mexico, which includes Amerindian casino Bingo.
The non-profit Bingo industry has grown from 1999. That year, New Mexico charity game providers brought in just $3,048. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Non-profit Bingo revenues have increased steadily since that time. Two Thousand and Five saw the greatest year, with $1,233,289 grossed by the providers.
Bingo is certainly beloved in New Mexico. All sorts of owners try for a piece of the pie. With hope, the politicos are done batting over gaming as a key factor like they did in the 90’s. That’s probably hopeful thinking.

No Comment.
Add Your Comment