Archive for March, 2007

New Mexico Bingo

New Mexico has a stormy gambling past. When the IGRA was signed by Congress in 1989, it looked like New Mexico might be one of the states to get on the Indian casino craze. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to discuss an accord with New Mexico American Indian bands. When the task force came to an agreement with two big local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until 1994.

When a new governor took over in 1995, it appeared that Amerindian wagering in New Mexico was now a certainty. But when the new Governor passed the contract with the Native tribes, anti-wagering groups were able to tie the deal up in the courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the deal, thereby costing the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

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

The nonprofit Bingo business has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers acquired just $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Non-profit Bingo revenues have increased constantly since then. 2005 saw the greatest year, with $1,233,289 grossed by the operators.

Bingo is clearly popular in New Mexico. All kinds of owners try for a slice of the pie. Hopefully, the politicos are done batting around gaming as a key factor like they did in the 1990’s. That is most likely hopeful thinking.

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