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Published on July 22, 2009 3:49 PM by dbo.
The dome opposition successfully counter-spins government claims that no general tax-revenues will fund the project. Suggestions of the gaming corporation or other crown corporations partnering in the stadium do mean their general revenue will not be returned back to the provincial coffers. Will the revenue from the stadium make up for these lost profits? That is hard to say. Domed stadiums (retractable or fixed-roof) often cost more to construct (especially when built publicly) than initial estimates and operate at a break even point. Until a realistic, unbiased and conservative study is produced, these questions will remain. Ballpark figures won’t do, as those wanting the business will easily low ball estimates to get the project off the ground.