Electronic Gaming Funding a Failure for Brand New Minnesota Vikings Stadium

Date: February 24, 2020 | Category: Lucky Nugget Casino

Electronic Gaming Funding a Failure for Brand New Minnesota Vikings Stadium

Electronic pull-tab gaming was expected to buy A minnesota that is new vikings, but that plan hasn’t materialized as planned

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 basic fund or develop a special tax to raise the money, they might bring electronic gambling machines to 1000s of bars along with other venues around the state. It seemed like an https://casino-bonus-free-money.com/lucky-nugget-casino/ audio plan until it had been 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, approximately 85% went right back to players in the shape of winnings, leaving only about $2 million in earnings. That was split among charity expenses, contributions and basic taxes, and left nothing at all for the stadium that is new. That is right: the pull-tab that is electronic games raised absolutely nothing for their intended purpose over their very first year operating.

The failure can be an embarrassment for Governor Mark Dayton, who’s been strongly behind the latest Vikings stadium. According to him, the true numbers that have come in show that the state itself was taking quite the gamble by depending on the machines to finance

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