New Mexico Bingo

December 28th, 2015 Michael Leave a comment Go to comments

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New Mexico has a complex gaming background. When the Indian Gaming Regulatory Act was passed 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 bandwagon. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King announced a task force in Nineteen Ninety to create a contract with New Mexico Amerindian tribes. When the panel arrived at an agreement with two big local bands a year later, Governor King declined to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took over in 1995, it appeared that American Indian gaming in New Mexico was now a certainty. But when the new Governor passed the compact with the Amerindian tribes, anti-gaming forces were able to hold the accord up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing a deal, thereby costing 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, passed by the New Mexico house, to get the process moving on a full compact amongst the Government of New Mexico and its American Indian tribes. A decade had been lost for gambling in New Mexico, including Indian casino Bingo.

The nonprofit Bingo business has increased since 1999. That year, New Mexico not for profit game owners brought in only $3,048 in revenues. This number grew to $725,150 in 2000, and passed a million dollars in revenues in 2001. Nonprofit Bingo earnings have increased constantly since that time. 2005 witnessed the biggest year, with $1,233,289 grossed by the owners.

Bingo is certainly beloved in New Mexico. All kinds of operators look for a bit of the pie. Hopefully, the politicos are done batting over gaming as an important matter like they did in the 90’s. That’s most likely wishful thinking.

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