New Mexico Bingo Net Casinos Versus Wagering on Bingo
Sep 172015

New Mexico has a stormy gaming past. When the IGRA was passed by Congress in 1989, it seemed like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics assured that would not be the situation.

The New Mexico governor Bruce King announced a panel in Nineteen Ninety to draft a contract with New Mexico Native tribes. When the task force came to an agreement with 2 important local tribes a year later, Governor King refused to sign the bargain. He would hold up a deal until 1994.

When a new governor took office in 1995, it appeared that Amerindian gaming in New Mexico was now a certainty. But when Governor Gary Johnson signed the contract with the Amerindian tribes, anti-wagering forces were able to hold the deal up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing a deal, therefore denying the government of New Mexico hundreds of thousands of dollars in licensing revenues 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 Indian tribes. A decade had been squandered for gaming in New Mexico, which includes American Indian casino Bingo.

The not for profit Bingo business has increased since Nineteen Ninety-Nine. In that year, New Mexico not for profit game operators brought in only $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in 2001. Non-profit Bingo earnings have grown steadily since then. Two Thousand and Five saw the largest year, with $1,233,289 grossed by the operators.

Bingo is apparently favored in New Mexico. All kinds of providers look for a slice of the action. Hopefully, the politicians are done batting over gaming as a key factor like they did in the 90’s. That’s probably hopeful thinking.

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