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 supposed to purchase a new minnesota vikings arena, but that plan hasn’t materialized as prepared

When the Minnesota Vikings decided that they required a brand new stadium, they desired to take advantage of public financing if it had been available. The state of Minnesota obliged, but decided that rather than take the money from the fund that is general produce a unique tax to enhance the money, they might bring electronic gambling machines to a huge number of bars along with other venues around hawaii. It seemed like an audio plan until it was placed into practice.

Net Gain: Bupkes

This week, Minnesota announced that residents and people to the state had put down about $15 million on the machines over the course of their first year in operation. Of the, about 85% went back to players in the form of winnings, leaving only about $2 million in earnings. That was split among charity expenses, donations and general taxes, and left absolutely nothing for the new stadium. That is right: the electronic pull-tab design games raised absolutely nothing for their intended function over their very first year in service.

The failure is definitely an embarrassment for Governor Mark Dayton, that has been strongly behind the newest Vikings stadium. According to him, the true numbers that have come in show that the state itself ended up being taking quite the gamble by counting on the machines to finance their percentage of the stadium’s cost. ادامه خواندن “Electronic Gaming Funding a Failure for New Minnesota Vikings Stadium”