2014 DRAFT GUIDE
Minn. gov.: No plan to redo Vikings stadium plan

By BRIAN BAKST - Associated Press
    2012-12-06 14:36

ST. PAUL, Minn. (AP) - Gov. Mark Dayton on Thursday downplayed the sluggish start of a statewide gambling initiative being counted on to help fund the new Minnesota Vikings stadium, saying doesn't plan to redo the financing package during the upcoming legislative session.

Dayton told reporters the early revenue projections are worth watching but shouldn't cause alarm about the merits of the electronic terminals that are only starting to appear in bars and restaurants. Relatively few establishments now offer the iPad-style machines that patrons to play low-stakes games, but the availability has as much to do with vendors working to clear regulatory hurdles.

The bill to finance a $975 million stadium that will be built in downtown Minneapolis won approval last spring. The legislation authorized electronic pull-tab and linked bingo games, making Minnesota the first state to permit that form of gambling statewide.

The novelty of the games and the challenges of constructing a new gambling system from the ground up take time, Dayton said in arguing against revisiting the financing plan next year.

``I certainly wouldn't favor it unless it becomes absolutely necessary and I don't think it is at this point,'' Dayton said.

Republican state Sen. Julie Rosen, who sponsored the stadium plan, also warned against jumping to early conclusions. She said she favors a public relations campaign to market the games to the public before dwelling on whether an alternative money source is needed.

``It's too early to do anything to correct it,'' Rosen said. ``Let the entire program work like it should.''

Since September, one company has been cleared to provide terminals but others are in the pipeline. Others potential vendors have background checks pending or are hanging back to see how robust the Minnesota market is.

That's meant the proceeds flowing to a special account don't come close to the benchmarks established when the bill was approved. The projected tax revenue had been $34 million, but this week state finance officials trimmed it to $16 million. Expected revenue for future years has also been scaled back a bit.

The state is depending on the expanded gambling to pay off debt from its $348 million share. The city of Minneapolis and Vikings owners are coming up with the rest. Aside from the stadium, a portion of the new gambling money goes to the charitable organizations that sponsor the games in bars and restaurants.

The governor plans to meet next week with his revenue commissioner and the top gambling regulator to determine future steps.

The Vikings hope to break ground next year after environmental reviews are complete. If all goes as planned, the stadium would be ready for the 2016 season.

Fantasy Football Player Notes RSS FeedPLAYER NOTES

A.J. McCarronMay 25 10:37p

Cincinnati Bengals QB AJ McCarron (shoulder) is healthy and hoping to push QB Andy Dalton in 2015. 'We wanted him in our building so bad and it happened and [ More ]

Ray McDonaldMay 25 04:42p

Updating previous reports, Chicago Bears DE Ray McDonald has been released Monday, May 25, just hours after being arrested for alleged domestic violence and child endangerment.

Adrian PetersonMay 25 02:42p

Minnesota Vikings RB Adrian Peterson still wants to be traded, according to a source. Peterson intends to skip all organized team activities, which would cause him to lose $250,000 in workout bonuses.

Adrian PetersonMay 24 09:22p

Minnesota Vikings RB Adrian Peterson has informed head coach Mike Zimmer that he will not attend the optional practices that begin Tuesday, May 26, according to a source with knowledge of the situation.

Tom BradyMay 22 04:32p

New England Patriots QB Tom Brady will have the appeal of his four-game suspension heard by commissioner Roger Goodell after the NFL rejected a motion by the NFL Players [ More ]

Tom BradyMay 22 03:32p

New England Patriots QB Tom Brady's appeal of his four-game suspension has not been scheduled at this time.

Ray RiceMay 22 11:42a

Free-agent RB Ray Rice (Ravens) could be a consideration for the Dallas Cowboys in free agency, speculates The Dallas Morning News' Jon Machota. He cites Cowboys owner and general [ More ]

Adrian PetersonMay 22 09:52a

Updating an ongoing story, Minnesota Vikings RB Adrian Peterson remains in pursuit of being traded or receiving a new contract and remains away from the organization during voluntary workouts. [ More ]

William BeattyMay 21 12:02p

Updating previous reports, New York Giants OT William Beatty (chest) underwent successful surgery Thursday, May 21, to repair a torn pectoral muscle. Beatty will need approximately five to six months of recovery time.

Derek CarrMay 20 10:23p

Oakland Raiders QB Derek Carr (finger) will not need surgery on his injured finger and may be able to throw again before the end of offseason workouts, according to his agent.

Joseph RandleMay 20 09:23p

Dallas Cowboys RB Joseph Randle is the most likely option to lead the team's running back by committee approach in 2015. Randle has the most experience in the system, [ More ]

William BeattyMay 20 03:53p

Updating previous reports, New York Giants OT William Beatty's (pectoral) torn pectoral will require surgery and Beatty's recovery time is expected to be around five months. Beatty suffered the [ More ]

William BeattyMay 20 03:33p

Updating a previous report, New York Giants OT William Beatty (shoulder) tore his pectoral while lifting weights Wednesday, May 20, according to a source, and will undergo surgery. One [ More ]

Josh HillMay 20 03:23p

New Orleans Saints TE Josh Hill is slated as the starting tight end this season with TE Jimmy Graham now in Seattle. TE Benjamin Watson could give Hill a run for his money, however.

William BeattyMay 20 03:13p

New York Giants OT William Beatty (shoulder) suffered a potentially serious shoulder injury while lifting weights Wednesday, May 20, according to a source. Surgery is a possibility.

Geno SmithMay 20 03:03p

New York Jets QB Geno Smith is the starting quarterback and will not see competition in training camp, according to offensive coordinator Chan Gailey.

Tom BradyMay 20 03:03p

Updating previous reports, New England Patriots QB Tom Brady's appeal will not be affected by the team's decision to accept their sanctions. Commissioner Roger Goodell said he wants to [ More ]

Matt JonesMay 20 02:15p

Washington Redskins RB Matt Jones said that he loves the offense and has a chip on his shoulder after not being used properly while in college. 'My college career [ More ]

Derek CarrMay 20 08:53a

Updating a previous report, Oakland Raiders QB Derek Carr (finger) is experiencing numbness in his right ring finger. He hopes to avoid surgery through rest and rehab, and no [ More ]

Derek CarrMay 19 06:13p

Oakland Raiders QB Derek Carr (finger) has a right ring finger injury that could be surgically repaired. A return for training camp is still achievable, however, according to a source.

L. WashingtonMay 19 05:23p

Pittsburgh Steelers WR L'Damian Washington (undisclosed) was waived/injured Tuesday, May 19.

Shayne GrahamMay 19 03:03p

New Orleans Saints PK Shayne Graham was released Tuesday, May 19. Subsequently, free-agent WR Lance Lewis (49ers) was signed.

Joseph BarksdaleMay 19 02:23p

Free-agent OT Joseph Barksdale (Rams) will sign a one-year deal worth $350,000 with the San Diego Chargers, according to a source. The deal also comes with more than $1 million in incentives available.

Tom BradyMay 19 01:43p

New England Patriots QB Tom Brady will continue to appeal his four-game suspension, despite owner Robert Kraft saying the team will not appeal the discipline levied against them.

Jed CollinsMay 18 03:32p

Dallas Cowboys FB Jed Collins was released Monday, May 18, and FB Tyler Clutts was re-signed to an undisclosed contract.

Tyler CluttsMay 18 03:32p

Dallas Cowboys FB Jed Collins was released Monday, May 18, and FB Tyler Clutts was re-signed to an undisclosed contract.

Lache SeastrunkMay 18 02:42p

Tennessee Titans RB Lache Seastrunk was released Monday, May 18.

Jimmy GaroppoloMay 17 08:42p

New England Patriots QB Jimmy Garoppolo's quick decision making and accuracy fit well with New England's playbook that includes quick-rhythm passes as part of the foundation, and Bucky Brooks [ More ]

Zach HockerMay 17 04:42p

The New Orleans Saints have signed free-agent PK Zach Hocker (Dolphins).

Joseph RandleMay 16 07:32p

Dallas Cowboys RB Joseph Randle has the skills to lead the team's backfield in 2015 but he'll need to work on his off-field issues, according to Jon Machota of [ More ]

Matt CasselMay 15 07:52p

Buffalo Bills QB Matt Cassel is likely to enter Week 1 of the season as the team's backup quarterback, in the opinion of The Buffalo News' Vic Carucci. He [ More ]

Santana MossMay 15 07:12p

Free-agent WR Santana Moss (Redskins) is not ready to hang up his cleats and retire this offseason. 'I'm a free agent right now, you know how they do [ More ]

RSS Feeds

NFL News:
 
Player Notes:
 
Forum Posts:
 

© 2015 RealTime Fantasy Sports, Inc.
Email Us  ·  Call Us 636.447.1170  ·  Lost Password
Advertising represented by USA Today Sports Media Group