15 Oct 21

New Mexico has a complex gambling past. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it seemed like New Mexico would be one of the states to cash in on the Amerindian casino bandwagon. Politics guaranteed that wouldn’t be the case.

The New Mexico governor Bruce King announced a panel in 1990 to draft an accord with New Mexico Indian tribes. When the working group came to an accord with two big local bands a year later, the Governor declined to sign the agreement. He would hold up a deal until 1994.

When a new governor took office in 1995, it appeared that Indian betting in New Mexico was now a certainty. But when Governor Gary Johnson signed the contract with the Native bands, anti-wagering groups were able to hold the accord up in courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the accord, thereby costing the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico government, to get the ball rolling on a full contract amongst the State of New Mexico and its Amerindian bands. Ten years had been squandered for gambling in New Mexico, which includes Indian casino Bingo.

The nonprofit Bingo business has grown since Nineteen Ninety-Nine. That year, New Mexico not for profit game providers brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Not for profit Bingo revenues have increased constantly since that time. Two Thousand and Five saw the largest year, with $1,233,289 grossed by the owners.

Bingo is apparently popular in New Mexico. All types of owners try for a bit of the action. Hopefully, the politicos are done batting over gaming as an important factor like they did in the 90’s. That is without doubt wishful thinking.


Filed under: Casino - Trackback Uri



Leave a Comment

You must be logged in to post a comment.