Bingo Strategies All About Bingo Strategies

29Nov/160

Bingo in New Mexico


2024 Las Vegas Super Bowl Streaker
Read more about the
Las Vegas 2024 Super
Bowl Streaker
!

New Mexico has a stormy gambling history. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the American Indian casino bandwagon. Politics assured that wouldn't be the case.

The New Mexico governor Bruce King announced a task force in 1990 to discuss a compact with New Mexico Amerindian tribes. When the task force arrived at an agreement with 2 prominent local bands a year later, Governor King declined to sign the agreement. He would hold up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it seemed that Amerindian wagering in New Mexico was now a certainty. But when the new Governor signed the accord with the Amerindian bands, anti-wagering forces were able to tie the deal up in courts. A New Mexico court found that the Governor had overstepped his bounds in signing the deal, therefore costing the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It took the Compact Negotiation Act, passed by the New Mexico house, to get the ball rolling on a full compact amongst the Government of New Mexico and its Native tribes. A decade had been burned for gambling in New Mexico, including Amerindian casino Bingo.

The nonprofit Bingo industry has grown since 1999. That year, New Mexico not for profit game providers acquired only $3,048. This number grew to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Not for profit Bingo earnings have grown steadily since that time. 2005 witnessed the biggest year, with $1,233,289 earned by the owners.

Bingo is clearly popular in New Mexico. All types of owners try for a bit of the action. Hopefully, the politicos are done batting around gambling as a key issue like they did in the 1990's. That is probably hopeful thinking.

Filed under: Bingo Leave a comment
Comments (0) Trackbacks (0)

No comments yet.


Leave a comment

You must be logged in to post a comment.

No trackbacks yet.

Categories

Blogroll

Archive

Meta