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Study Says Publicly Financed Sports Arenas Don't Boost EconomySubmitted: 04/07/2013
Story By Associated Press

MILWAUKEE - A new report says publicly financed sports arenas don't provide an economic benefit to communities.

That conclusion would blunt the argument that's commonly used to justify construction of new stadiums at taxpayer expense.

The study is from Milwaukee's Legislative Reference Bureau. The report released Friday cites studies showing that publicly financed sports venues haven't paid off economically for the city, county or state governments that are paying for them.

The community is deciding whether it needs to replace the BMO Harris Bradley Center where the Bucks play in Milwaukee.



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