Web Gamblers Begin Paying For New NFL StadiumWireless E-Games Debut In Minnesota Bars To Help Fund $975M Project |
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Certain gamblers in the state of Minnesota have started to help pay for a new Vikings football stadium, a massive project that was approved by lawmakers this past spring.
The Pioneer Press recently reported that local drinkers can now play low-stakes “pull-tabs,” similar to slot machines, on bar-controlled iPads (devices created by the most valuable company of all time, Apple Inc.). This marks a big transition from the games that were previously played on paper. Minnesota first legalized pull-tabs in 1981 under “charitable gambling,” according to a 2005 gambling report issued by the state legislature.
In other words, Minnesota said OK to web gambling, but not within the home.
Part of the electronic pull-tab revenue today will go to charitable causes. Additionally, the business establishment, a Nevada-based “gaming inventor” and the state all take a cut from customer money. Minnesota uses what it gets to finance the stadium.
In a press release, the founder of Acres 4.0 called the Minnesota launch “revolutionary.” The firm currently has one of only two licenses to offer such games, the St. Cloud Times reported.
Minnesota bars and restaurants reportedly had been trying to get electronic games for years, but it took a $975 million football stadium proposal to authorize the activity.
The new games across the state will be connected to a central server. Despite no player-on-player competition, such a linking is similar to Facebook-based casino gaming in that players don’t deposit or withdrawal funds in the traditional sense, as is the model of an online poker site. Only Nevada and Delaware have legalized real-money deposits onto a gambling website, which holds player funds like a bank. In Minnesota, you cash out when you leave.
Despite paying hundreds of millions to supposedly help keep the team in Minnesota, residents will also likely see increased ticket prices at the new stadium, according to NBC Sports.
The majority owner of the franchise is real estate developer Zygi Wilf.
According to Forbes, the stadium deal has elevated the franchise’s value to nearly $1 billion. The 22-percent gain is reportedly the largest year-over-year increase in the league.
A March 2012 piece from City Pages stated that Wilf began pushing for a new stadium almost immediately after acquiring the team in 2006. The battle was long and complex.
The Metrodome (pictured above) has been home to the Vikings since 1982.
Follow Brian Pempus on Twitter — @brianpempus
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