New Mexico Bingo
New Mexico has a stormy gambling background. When the IGRA was signed by the House in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the Amerindian casino bandwagon. Politics guaranteed that would not be the situation.
The New Mexico governor Bruce King assembled a panel in 1990 to create a contract with New Mexico Native bands. When the panel came to an accord with two important local bands a year later, Governor King refused to sign the bargain. He held up a deal until 1994.
When a new governor took office in Nineteen Ninety Five, it seemed that Indian gaming in New Mexico was now a certainty. But when the new Governor signed the contract with the Native tribes, anti-gaming forces were able to tie the contract up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thereby costing the government 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 legislature, to get the ball rolling on a full accord amongst the Government of New Mexico and its Amerindian bands. 10 years had been lost for gaming in New Mexico, including Native casino Bingo.
The non-profit Bingo business has gotten bigger since Nineteen Ninety-Nine. In that year, New Mexico not for profit game operators acquired just $3,048. That climbed to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Nonprofit Bingo revenues have increased steadily since then. Two Thousand and Five saw the biggest year, with $1,233,289 grossed by the owners.
Bingo is apparently favored in New Mexico. All kinds of operators try for a slice of the pie. Hopefully, the politicians are through batting around gambling as a hot button matter like they did in the 90’s. That’s most likely wishful thinking.
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.