Bingo My Bingo Blog

3Sep/220

New Mexico Bingo


2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!

New Mexico has a rocky gaming past. When the Indian Gaming Regulatory Act was signed by the House in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to cash in on the Indian casino craze. Politics guaranteed that wouldn't be the case.

The New Mexico governor Bruce King announced a task force in 1990 to draft an accord with New Mexico American Indian tribes. When the working group came to an accord with two important local tribes a year later, the Governor declined to sign the bargain. He held up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it appeared that American Indian wagering in New Mexico was a certainty. But when the new Governor signed the compact with the Indian tribes, anti-gambling forces were able to hold the deal up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the compact, thus denying the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico legislature, to get the ball rolling on a full contract amongst the Government of New Mexico and its Native bands. 10 years had been burned for gambling in New Mexico, which includes Indian casino Bingo.

The nonprofit Bingo business has increased since 1999. That year, New Mexico non-profit game operators acquired just $3,048. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Non-profit Bingo earnings have grown steadily since that time. 2005 saw the largest year, with $1,233,289 earned by the providers.

Bingo is clearly popular in New Mexico. All types of providers look for a bit of the pie. With hope, the politicos are through batting over gambling as a key factor like they did in the 1990's. That's probably wishful thinking.

Filed under: Bingo Leave a comment
Comments (0) Trackbacks (0)

No comments yet.


Leave a comment

You must be logged in to post a comment.

No trackbacks yet.

Categories

Blogroll

Archive

Meta