Electronic Gaming Funding a Failure for New Minnesota Vikings Stadium

Electronic Gaming Funding a Failure for New Minnesota Vikings Stadium

Electronic pull-tab gaming was designed to purchase a brand new minnesota vikings stadium, but that plan hasn’t materialized as prepared

When the Minnesota Vikings decided if it was available that they needed a new stadium, they wanted to take advantage of public financing. The state of Minnesota obliged, but decided that rather than take the cash from the fund that is general create a special tax to improve the money, they might bring electronic gambling machines to tens of thousands of bars and other venues around their state. It seemed like a sound plan until it had been put into practice.

Net Gain: Bupkes

This week, Minnesota announced that residents and people to the state had put down about $15 million on the devices over the course of their year that is first in. Of this, approximately 85% went straight back to players in the shape of winnings, leaving only about $2 million in earnings. That was split among charity expenses, contributions and general taxes, and left practically nothing for the stadium that is new. That’s right: the pull-tab that is electronic games raised nothing for their intended function over their first 12 months operating.

The failure can be an embarrassment for Governor Mark Dayton, that has been strongly behind the brand new Vikings stadium. According to him, the numbers that have come in show that the state itself had been taking quite the gamble by counting on t (더 보기…)

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