New Mexico Bingo

December 19th, 2015 Michael Leave a comment Go to comments

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New Mexico has a rocky gaming past. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to get on the Amerindian casino bandwagon. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to negotiate a contract with New Mexico Indian tribes. When the panel arrived at an agreement with 2 big local tribes a year later, the Governor refused to sign the agreement. He would hold up a deal until 1994.

When a new governor took over in 1995, it seemed that American Indian wagering in New Mexico was a certainty. But when the new Governor passed the contract with the American Indian tribes, anti-gaming groups were able to tie the accord up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the accord, thus denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the Compact Negotiation Act, signed by the New Mexico house, to get the ball rolling on a full compact between the State of New Mexico and its Amerindian tribes. A decade had been burned for gambling in New Mexico, which includes Amerindian casino Bingo.

The non-profit Bingo business has grown since Nineteen Ninety-Nine. That year, New Mexico not for profit game providers acquired only $3,048. That climbed to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Non-profit Bingo revenues have increased constantly since that time. 2005 saw the largest year, with $1,233,289 earned by the operators.

Bingo is clearly popular in New Mexico. All types of owners look for a slice of the action. With hope, the politicians are through batting over gaming as a hot button factor like they did back in the 90’s. That is most likely hopeful thinking.

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