Stadium Funding Meeting 16 Jan 13

Minnesota lawmakers who approved new forms of gambling in bars to help pay for a new Minnesota Vikings stadium are getting their first chance to scrutinize lagging revenues from that plan. The House Commerce Committee holds a hearing this (WED) afternoon on the recent rollout of electronic pull tab games. Tax revenue from those games is funding the state’s $348-million share of the $975-million Vikings stadium that will be built in downtown Minneapolis starting later this year. But that revenue has fallen short so far. It was projected to be $34-million in 2012 but ended up at only $16-million. Backers have acknowledged disappointment, but say that the games need time to grow in popularity and to be available at more businesses.