The to-be-constructed Vikings stadium is supposed to be funded in part by a specific form of gambling.
And the gamble on the gambling isn’t paying off, so far.
According to the Minneapolis Star Tribune, revenues for electronic pulltabs and bingo are far below the projections. In May 2012, the experts estimated that the games would generated $35 million per year. Gross revenues for the games are at only $7.5 million.
It’s unclear how it will all play out, but it’s not encouraging. And it could mean that changes to the funding mechanism will be necessary in order to pay for the stadium.
Unless they plan to build a stadium without, you know, seats. Or arm rests. Or toilets.