Bingo in New Mexico

February 19th, 2016 Brodie Leave a comment Go to comments

2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!
[ English ]

New Mexico has a rocky gambling background. When the IGRA was signed by Congress in 1989, it seemed like New Mexico would be one of the states to get on the Native casino craze. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King assembled a panel in 1990 to discuss an accord with New Mexico American Indian bands. When the working group arrived at an agreement with 2 important local bands a year later, the Governor declined to sign the bargain. He held up a deal until 1994.

When a new governor took over in Nineteen Ninety Five, it seemed that Indian wagering 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 contract up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing the compact, therefore denying the government of New Mexico 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 ball rolling on a full accord between the Government of New Mexico and its Amerindian tribes. A decade had been squandered for gambling in New Mexico, which includes Native casino Bingo.

The not for profit Bingo business has grown from 1999. That year, New Mexico non-profit game providers acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Nonprofit Bingo revenues have increased constantly since that time. Two Thousand and Five saw the greatest year, with $1,233,289 grossed by the owners.

Bingo is clearly beloved in New Mexico. All sorts of providers look for a piece of the pie. With hope, the politicians are through batting over gaming as a hot button factor like they did back in the 90’s. That is probably wishful thinking.

Categories: Casino Tags:
  1. No comments yet.
  1. No trackbacks yet.
You must be logged in to post a comment.