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New Mexico Bingo

New Mexico has a complex gaming past. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico might be one of the states to cash in on the Amerindian casino bandwagon. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King assembled a panel in 1990 to draft an accord with New Mexico American Indian tribes. When the working group arrived at an accord with 2 important local tribes a year later, the Governor declined to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took office in 1995, it seemed that Amerindian betting in New Mexico was a certainty. But when the new Governor signed the contract with the Indian bands, anti-gaming forces were able to tie the accord up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, thus costing 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 accord amongst the State of New Mexico and its Amerindian tribes. A decade had been burned for gambling in New Mexico, including American Indian casino Bingo.

The not for profit Bingo industry has grown from 1999. That year, New Mexico non-profit game owners brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed one million dollars in 2001. Non-profit Bingo revenues have increased constantly since that time. 2005 witnessed the biggest year, with $1,233,289 earned by the operators.

Bingo is apparently favored in New Mexico. All kinds of owners look for a bit of the action. With hope, the politicos are through batting around gaming as an important issue like they did back in the 1990’s. That is probably hopeful thinking.

Posted in Casino.


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