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Bingo in New Mexico

September 1st, 2024 No comments

New Mexico has a rocky gambling past. 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 cash in on the Amerindian casino bandwagon. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King announced a task force in 1990 to negotiate a compact with New Mexico Indian bands. When the task force came to an agreement with two big local bands a year later, the Governor declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it seemed that Indian gaming in New Mexico was a certainty. But when the new Governor passed the compact with the Native bands, anti-wagering groups were able to tie the accord up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the accord, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, passed by the New Mexico legislature, to get the ball rolling on a full contract between the Government of New Mexico and its Native tribes. A decade had been squandered for gambling in New Mexico, including Indian casino Bingo.

The non-profit Bingo industry has grown from Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Not for profit Bingo revenues have grown steadily since then. Two Thousand and Five saw the largest year, with $1,233,289 grossed by the owners.

Bingo is categorically popular in New Mexico. All sorts of owners try for a bit of the pie. Hopefully, the politicos are through batting over gaming as an important factor like they did in the 1990’s. That is probably wishful thinking.