Casino Tricks Insider Casino Tricks

8Apr/220

Bingo in New Mexico


2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!

New Mexico has a complex gambling past. When the IGRA was signed by the House in 1989, it seemed like New Mexico would be one of the states to cash in on the Indian casino craze. Politics assured that wouldn't be the case.

The New Mexico governor Bruce King assembled a panel in Nineteen Ninety to draft an accord with New Mexico Indian bands. When the working group arrived at an accord with two important local tribes a year later, Governor King declined to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it appeared that Amerindian wagering in New Mexico was now a certainty. But when the new Governor passed the accord with the Indian bands, anti-gambling groups were able to hold the accord up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing a deal, thereby costing the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, passed by the New Mexico government, to get the process moving on a full contract amongst the State of New Mexico and its American Indian bands. A decade had been lost for gambling in New Mexico, including Indian casino Bingo.

The nonprofit Bingo industry has grown from 1999. In that year, New Mexico charity game operators brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Nonprofit Bingo earnings have increased constantly since that time. 2005 saw the greatest year, with $1,233,289 grossed by the operators.

Bingo is clearly popular in New Mexico. All types of providers look for a piece of the action. Hopefully, the politicians are done batting around gambling as an important issue like they did in the 90's. That is probably wishful thinking.

Filed under: Casino Leave a comment
Comments (0) Trackbacks (0)

No comments yet.


Leave a comment

You must be logged in to post a comment.

No trackbacks yet.

Categories

Blogroll

Archive

Meta