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New Mexico Bingo

New Mexico has a complex gambling background. When the Indian Gaming Regulatory Act was passed by the House in 1989, it seemed like New Mexico would be one of the states to get on the American Indian casino craze. Politics guaranteed that wouldn’t be the situation.

The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to negotiate an accord with New Mexico American Indian bands. When the task force arrived at an accord with 2 prominent local tribes a year later, Governor King declined to sign the bargain. He held up a deal until 1994.

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

It took the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full compact between the Government of New Mexico and its Amerindian bands. 10 years had been burned for gambling in New Mexico, which includes Amerindian casino Bingo.

The nonprofit Bingo industry has increased from 1999. That year, New Mexico non-profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Nonprofit Bingo earnings have increased constantly since then. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the operators.

Bingo is categorically popular in New Mexico. All types of owners look for a bit of the action. Hopefully, the politicians are through batting around gaming as an important issue like they did back in the 90’s. That’s most likely hopeful thinking.

Posted in Casino.


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