New Mexico Bingo
New Mexico has a stormy gambling background. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it seemed like New Mexico might be one of the states to cash in on the Amerindian casino bandwagon. Politics assured that wouldn’t be the situation.
The New Mexico governor Bruce King announced a panel in 1990 to create a compact with New Mexico Amerindian tribes. When the panel came to an accord with 2 prominent 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 over in Nineteen Ninety Five, it appeared that Native gaming in New Mexico was a certainty. But when Governor Gary Johnson signed the contract with the American Indian tribes, anti-wagering forces were able to hold the deal up in courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing a deal, thereby costing the state of New Mexico hundreds of thousands of dollars in licensing fees 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 contract between the Government of New Mexico and its American Indian bands. Ten years had been squandered for gambling in New Mexico, which includes Amerindian casino Bingo.
The not for profit Bingo business has increased from Nineteen Ninety-Nine. That year, New Mexico charity game providers acquired just $3,048. That climbed to $725,150 in 2000, and passed a million dollars in 2001. Non-profit Bingo revenues have grown constantly since that time. Two Thousand and Five witnessed the greatest year, with $1,233,289 grossed by the operators.
Bingo is apparently beloved in New Mexico. All kinds of providers try for a slice of the action. Hopefully, the politicians are done batting around gambling as a key issue like they did in the 90’s. That’s without doubt hopeful thinking.