Learning From My Wagering Blunders Make Sure To Play To be a Winner
Jan 042010

New Mexico has a stormy gaming background. When the IGRA was signed by the House in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to get on the Native casino craze. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King assembled a task force in 1990 to discuss an accord with New Mexico Native bands. When the task force came to an agreement with two big local tribes a year later, the Governor refused to sign the agreement. He held up a deal until 1994.

When a new governor took office in 1995, it seemed that American Indian betting in New Mexico was now a certainty. But when the new Governor passed the contract with the Indian tribes, anti-wagering forces were able to tie the accord up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the compact, thus denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, passed by the New Mexico house, to get the process moving on a full contract amongst the State of New Mexico and its Amerindian tribes. 10 years had been squandered for gambling in New Mexico, including Amerindian casino Bingo.

The not for profit Bingo industry has grown since Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers brought in only $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Non-profit Bingo revenues have grown steadily since then. 2005 saw the greatest year, with $1,233,289 earned by the owners.

Bingo is certainly beloved in New Mexico. All sorts of providers try for a bit of the action. Hopefully, the politicians are through batting over gambling as an important matter like they did in the 90’s. That is probably hopeful thinking.

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