New Mexico has a stormy gambling history. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it looked like New Mexico would be one of the states to cash in on the Native casino craze. Politics guaranteed that would not be the situation.
The New Mexico governor Bruce King announced a task force in Nineteen Ninety to negotiate an accord with New Mexico American Indian bands. When the task force came to an agreement with two big local bands a year later, Governor King refused to sign the bargain. He would hold up a deal until 1994.
When a new governor took over in 1995, it appeared that Indian betting in New Mexico was now a certainty. But when the new Governor signed the contract with the Amerindian tribes, anti-gaming groups were able to hold the deal up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, therefore 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 legislature, 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 gaming in New Mexico, including Indian casino Bingo.
The not for profit Bingo industry has increased from Nineteen Ninety-Nine. In that year, New Mexico non-profit game owners brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in 2001. Nonprofit Bingo earnings have grown steadily since that time. 2005 witnessed the greatest year, with $1,233,289 grossed by the operators.
Bingo is categorically beloved in New Mexico. All kinds of providers try for a piece of the pie. With hope, the politicos are through batting over gaming as an important matter like they did back in the 1990’s. That is most likely hopeful thinking.