New Mexico Bingo
New Mexico has a rocky gambling past. When the IGRA 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 would not be the situation.
The New Mexico governor Bruce King assembled a working group in 1990 to discuss a contract with New Mexico American Indian tribes. When the panel arrived at an accord with 2 important local tribes a year later, the Governor declined to sign the agreement. He would hold up a deal until Nineteen Ninety Four.
When a new governor took over in 1995, it seemed that American Indian gaming in New Mexico was a certainty. But when the new Governor passed the contract with the Amerindian tribes, anti-gaming groups were able to hold the accord up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, therefore denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It required the CNA, signed by the New Mexico house, to get the process moving on a full contract between the State of New Mexico and its American Indian tribes. 10 years had been lost for gaming in New Mexico, including Amerindian casino Bingo.
The not for profit Bingo business has increased from Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Non-profit Bingo revenues have grown constantly since that time. 2005 witnessed the greatest year, with $1,233,289 grossed by the providers.
Bingo is clearly favored in New Mexico. All kinds of providers try for a piece of the action. With hope, the politicians are done batting over gambling as an important matter like they did in the 1990’s. That is probably hopeful thinking.
Leave a Reply
You must be logged in to post a comment.