New Mexico Bingo
New Mexico has a rocky gambling history. When the IGRA was signed by Congress in 1989, it seemed like New Mexico would be one of the states to cash in on the Native casino bandwagon. Politics guaranteed that would not be the situation.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to discuss a compact with New Mexico Amerindian bands. When the working group came to an accord with two big local tribes a year later, the Governor refused to sign the agreement. He held up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it seemed that Native gaming in New Mexico was a certainty. But when Governor Gary Johnson passed the compact with the Amerindian bands, anti-gambling forces were able to tie the accord up in courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the accord, thereby costing the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It took the CNA, signed by the New Mexico house, to get the process moving on a full compact between the State of New Mexico and its American Indian tribes. Ten years had been burned for gambling in New Mexico, which includes Indian casino Bingo.
The nonprofit Bingo industry has increased from Nineteen Ninety-Nine. That year, New Mexico charity game providers acquired only $3,048. This number grew to $725,150 in 2000, and exceeded one million dollars in 2001. Not for profit Bingo revenues have grown steadily since then. 2005 saw the greatest year, with $1,233,289 grossed by the operators.
Bingo is clearly favored in New Mexico. All sorts of owners look for a bit of the pie. With hope, the politicos are through batting around gaming as a key matter like they did back in the 1990’s. That’s without doubt wishful thinking.