New Mexico Bingo
New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico might 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 announced a panel in 1990 to negotiate a contract with New Mexico American Indian tribes. When the panel arrived at an agreement with 2 big local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it seemed that American Indian betting in New Mexico was now a certainty. But when the new Governor passed the compact with the Native bands, anti-gaming forces were able to hold the deal up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing a deal, therefore costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the Compact Negotiation Act, signed by the New Mexico house, to get the process moving on a full accord amongst the Government of New Mexico and its Indian tribes. A decade had been burned for gambling in New Mexico, including Native casino Bingo.
The not for profit Bingo industry has increased since Nineteen Ninety-Nine. That year, New Mexico non-profit game owners acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Not for profit Bingo earnings have grown constantly since then. Two Thousand and Five witnessed the greatest year, with $1,233,289 earned by the owners.
Bingo is categorically popular in New Mexico. All types of operators look for a piece of the pie. With hope, the politicos are done batting around gambling as an important factor like they did in the 1990's. That is without doubt wishful thinking.
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