Dayton calm as electronic pull-tab revenues lag behind estimates - New York News

Dayton calm as electronic pull-tab, stadium revenues lag behind projections

Posted: Updated:

While state budget officials warn the budget forecast could quickly become obsolete if President Barack Obama and Congress can't resolve the federal debt negotiations, one thing that isn't in dispute is that electronic pull-tabs aren't bringing in as much as expected.

Buried in the 200-page budget forecast was a sign that part of the financing plan to pay for the new Vikings stadium is not going as well as planned. The new electronic gambling option available in bars and restaurants was expected to raise $34 million, but that projection has now been cut to $16 -- and an additional $9 million has been cut from projections through 2017.

Most of the state's $348-million share of the nearly $1-billion stadium is expected to come from the expanded gambling, but despite the low numbers, Gov. Mark Dayton insists it's not time to panic.

According to Dayton spokesman Bob Hume, the lower revenue isn't a cause for concern because the new games are being rolled out slowly to ensure it's done properly -- and it's only been three months since their debut.

When it came to electronic pull-tabs, St. Paul's mainstays -- like Mancini's and O'Gara's -- were among the first to get on board.

"We have a beautiful lounge that's reminiscent of Vegas, so we might as well get as many bells and whistles flying around here as we can," Pat Mancini told FOX 9 News.

Unfortunately, charities have been slow to make the switch to high-tech gaming.

"I think it is in the future, but it will take some time to evolve," Mancini said.

Allied Charities of Minnesota said the slow roll-out isn't a surprise because there's only one vendor currently approved to offer the equipment. With no competition, many charities are taking a wait-and-see approach.

In fact, since the electronic pull-tabs rolled out in September, only about 75 bars and restaurants have started to offer them. That left the state's November forecast bringing in only about half of what was expected.

Yet, Dayton's office insists it's "not a cause for concern" because the lower revenues simply reflect how long it has taken to roll out the technology.

"I think we'll catch up," Dayton said. "We're slightly behind now. We'll get there."

Dayton explained that the background checks are taking a significant amount of time, but he insists the market is there.

Meanwhile, there are still plenty of people who prefer the hands-on approach.

"We really like holding the pull tabs," explained Carroll Partridge. "It's just more -- it just feels better when you have something in your hand."

Join our Facebook family

  • Local NewsLocal NewsMore>>

  • Record stores survive and thrive in Brooklyn

    Record stores survive and thrive in Brooklyn

    Friday, April 18 2014 10:59 PM EDT2014-04-19 02:59:51 GMT
    When you hear about a place that still sells records, located in a hip neighborhood in the borough of Brooklyn, you enter that store with certain expectations. One of them being: you hope the guy behind the counter talks about music the way Cory Fierman does."I think it's just like the most important thing to you," he says. "I don't know how to describe it. It's the most important thing to me. It's like another language."Cory manages Greenpoint's Academy Records Annex, where they want you ...
    When you hear about a place that still sells records, located in a hip neighborhood in the borough of Brooklyn, you enter that store with certain expectations. One of them being: you hope the guy behind the counter talks about music the way Cory Fierman does."I think it's just like the most important thing to you," he says. "I don't know how to describe it. It's the most important thing to me. It's like another language."Cory manages Greenpoint's Academy Records Annex, where they want you ...
  • Queens Beer Week kicks off

    Queens Beer Week kicks off

    Friday, April 18 2014 10:19 PM EDT2014-04-19 02:19:20 GMT
    Queens wants to be known as New York City's beer capital. Queens Beer Week kicked off on Friday to celebrate the borough's crafty breweries and the more than 60 venues that serve their beer. Dan Bronson of Crescent and Vine in Astoria is the bearded brains behind the inaugural Queens Beer Week. He organized it all. The nine-day celebration of beers brewed in Queens.
    Queens wants to be known as New York City's beer capital. Queens Beer Week kicked off on Friday to celebrate the borough's crafty breweries and the more than 60 venues that serve their beer. Dan Bronson of Crescent and Vine in Astoria is the bearded brains behind the inaugural Queens Beer Week. He organized it all. The nine-day celebration of beers brewed in Queens.
  • Woman wanted for baby snatch attempt in custody

    Woman wanted for baby snatch attempt in custody

    Friday, April 18 2014 9:57 PM EDT2014-04-19 01:57:17 GMT
    Police have taken into custody the woman believed to have tried to push a stroller with a baby inside away from a nanny in Chelsea. Tara Anne McDonald, 46, was being evaluated at a hospital Friday night. The attempted kidnapping occurred on 8th Ave. and 17th St. at about 3:45 p.m. on Thursday, police said.
    Police have taken into custody the woman believed to have tried to push a stroller with a baby inside away from a nanny in Chelsea. Tara Anne McDonald, 46, was being evaluated at a hospital Friday night. The attempted kidnapping occurred on 8th Ave. and 17th St. at about 3:45 p.m. on Thursday, police said.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices