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New Mexico Bingo

New Mexico has a bitter gaming background. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to get on the Amerindian casino bandwagon. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King assembled a panel in 1990 to discuss a compact with New Mexico Indian tribes. When the panel arrived at an agreement with two important local tribes a year later, Governor King declined to sign the agreement. He held up a deal until 1994.

When a new governor took over 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 Native bands, anti-gambling groups were able to tie the contract up in courts. A New Mexico court ruled that the Governor had out stepped 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 required the Compact Negotiation Act, signed by the New Mexico house, to get the ball rolling on a full accord between the State of New Mexico and its American Indian tribes. A decade had been burned for gambling in New Mexico, including Indian casino Bingo.

The not for profit Bingo industry has gotten bigger since 1999. In that year, New Mexico not for profit game operators brought in only $3,048. This number grew to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Nonprofit Bingo revenues have increased constantly since then. 2005 saw the largest year, with $1,233,289 grossed by the owners.

Bingo is apparently popular in New Mexico. All kinds of owners look for a piece of the action. With hope, the politicians are through batting around gaming as a key factor like they did back in the 90’s. That’s without doubt wishful thinking.

Posted in Casino.


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