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Slot Machines Bring in Revenue to Maine

With the slot machines running in Maine, a study has been done to see what effect the slots might be having on the state in the fifteen months that they have been in business. The study found that they have brought in more than $20 million to the area because of the addition of the slot machines.

Local businesses are flourishing, and it is all because of the slot machines that have come to town. Area restaurants, hotels, motels, etc. have all felt the newfound income that comes with adding slot machines to your neck of the woods. They found that from the time that the slot machines came in patrons spent an additional $14 million at Bangor area restaurants, and another $6 million at their hotels.

The study went on to explain that this is just how it has performed in the first fifteen months, and does not take into consideration what will happen when the slots move from a temporary location to the permanent one. The permanent one will offer things that the temporary one does not, and thus local businesses will likely see a drop in their revenue after they move the slot machines.

The study went on to say that they cannot conclude one way or the other whether or not slot machines have been good for Bangor, even though the initial reports are positive. The study says that for every $1 in slot machine revenue that comes in, $0.29 is made in the restaurant industry, and $0.12 is made in the hotel industry.

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