Las Vegas Casino Analysis
Mar 112026

New Mexico has a rocky gambling history. When the IGRA was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to get on the American Indian casino bandwagon. Politics assured that would not be the situation.

The New Mexico governor Bruce King announced a working group in Nineteen Ninety to create a contract with New Mexico Amerindian bands. When the working group came to an accord with two prominent local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until 1994.

When a new governor took office in 1995, it seemed that Amerindian betting in New Mexico was a certainty. But when Governor Gary Johnson signed the contract with the Indian tribes, anti-gambling forces were able to hold the accord up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thereby denying the government of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, passed by the New Mexico legislature, to get the process moving on a full compact between the Government of New Mexico and its Amerindian tribes. 10 years had been burned for gambling in New Mexico, including Native casino Bingo.

The nonprofit Bingo business has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico charity game providers acquired only $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Non-profit Bingo earnings have increased constantly since then. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the owners.

Bingo is clearly beloved in New Mexico. All types of operators try for a slice of the pie. With hope, the politicians are done batting over gaming as a key matter like they did in the 1990’s. That’s most likely hopeful thinking.

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