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 new minnesota vikings arena, 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 general fund or create a unique tax to enhance the money, they’d bring electronic gambling machines to thousands of bars as well as other venues around the state. It seemed like an audio plan until it was 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 during the period of their year that is first in. Of that, roughly 85% went straight back to players in the form of winnings, leaving only about $2 million in earnings. That was split among charity expenses, donations and basic taxes, and left nothing at all for the brand new stadium. That’s right: the pull-tab that is electronic games raised nothing for their intended function over their first year in service.

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