But it's not like we should have known, because after all, the Taxpayers' League of Minnesota has only been warning about this for a decade or so. Whatever you think of legalized gambling, the adrenaline rush it creates in its participants does impose societal costs, after all.
Also interesting is a look at ViQueens owner Zygi Wilf's finances. He, along with other junior partners, owns a portfolio including 25 million square feet of business development along with the ViQueens. Overall, a ballpark estimate of the value would be around six billion bucks, plus or minus.
However, Wilf's actual net worth is estimated at only $310 million (Sports Illustrated, 2011), indicating that those voting for the stadium bill ignored the fact that, being heavily leveraged, Wilf's finances are likely quite volatile--not a good thing when Wilf and his partners are on the hook (theoretically) for hundreds of millions of dollars more than he's got.
So if you supported the new Crystal Cathedral; here's your sign.