Casino

New Mexico Bingo

by Noel on May.09, 2020, under Casino

New Mexico has a complex gaming background. When the IGRA was passed by the House in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the Indian casino craze. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to draft an accord with New Mexico Native bands. When the task force arrived at an agreement with two big local bands a year later, the Governor refused to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it seemed that American Indian gaming in New Mexico was now a certainty. But when the new Governor passed the contract with the Native bands, anti-gambling forces were able to hold the contract up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, thus denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, 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 bands. A decade had been squandered for gambling in New Mexico, which includes American Indian casino Bingo.

The not for profit Bingo business has gotten bigger from Nineteen Ninety-Nine. That year, New Mexico charity game operators acquired just $3,048. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Not for profit Bingo earnings have grown steadily since then. Two Thousand and Five saw the largest year, with $1,233,289 earned by the owners.

Bingo is clearly beloved in New Mexico. All types of operators look for a bit of the action. With hope, the politicos are through batting around gaming as a key issue like they did back in the 90’s. That’s most likely wishful thinking.


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