New Mexico Bingo

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Posted by Jace | Posted in Bingo | Posted on 03-02-2017

New Mexico has a rocky gaming past. When the Indian Gaming Regulatory Act was signed by the House in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to get on the Indian casino craze. Politics assured that wouldn’t be the case.

The New Mexico governor Bruce King announced a task force in Nineteen Ninety to create a compact with New Mexico Indian bands. When the task force came to an agreement with 2 big local bands a year later, Governor King refused to sign the bargain. He held up a deal until 1994.

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

It took the Compact Negotiation Act, signed by the New Mexico house, to get the ball rolling on a full contract between the State of New Mexico and its Indian bands. Ten years had been squandered for gaming in New Mexico, which includes Native casino Bingo.

The nonprofit Bingo industry has gotten bigger from 1999. That year, New Mexico not for profit game owners brought in only $3,048. That climbed to $725,150 in 2000, and surpassed one million dollars in 2001. Non-profit Bingo revenues have increased steadily since then. 2005 witnessed the biggest year, with $1,233,289 grossed by the operators.

Bingo is categorically popular in New Mexico. All types of owners try for a slice of the pie. Hopefully, the politicos are through batting around gambling as an important issue like they did back in the 90’s. That’s most likely hopeful thinking.

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