Non-tribal casino idea loses steam

| Print |  Email
Thursday, May 01, 2008

WOOD VILLAGE The backers of a $500 million non-tribal casino proposed for the former dog-racing park in Wood Village appear to have given up on winning voter approval in 2008.

The Lake Oswego-based supporters of the deal, Bruce Studer and Matt Rossman, have filed seven separate ballot initiatives with the Secretary of State’s office, but as of April 16, none had been approved for circulation.  Their plan calls for a resort hotel, a multiplex theater and 3,500 video gambling terminals. They argue the casino would create 3,000 permanent jobs and provide more than $200 million in annual property and state taxes.

Commercial casinos were banned with the introduction of the state lottery in 1984. The ban excludes casinos owned by the state’s nine recognized tribes.

Early statements from Studer and Rossman claimed “backing from major investment and gaming interests,” but the identities of the would-be investors have remained a mystery. Rumors that Donald Trump was lurking behind the scenes turned out to be, alas, unfounded.



Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

LEED for weed

News
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions? An NEBC energy forum breakfast makes the case for taking the new industry’s emissions impacts very seriously.


Read more...

Which Way to Chinatown?

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN

The Jade International District, already Portland's center of Asian life, is poised for rejuvenation. Where does that leave the westside's historic Chinatown?


Read more...

Imperial Palate

February 2015
Tuesday, January 27, 2015

Power Lunch at the Imperial.


Read more...

Carbon Power

February 2015
Tuesday, January 27, 2015
BY LINDA BAKER

Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.


Read more...

Live, Work, Play: Amen Teter

February 2015
Tuesday, January 27, 2015
BY JACOB PALMER

Catching up with Amen Teter, Portland-based global director of action sports for Octagon Olympics & Action sports talent agency.


Read more...

Leading with the right brain

News
Tuesday, December 09, 2014
120914-manderson-thumbBY LINDA BAKER

On the eve of the Portland Ad Federation's Rosey Awards, Matt Anderson, CEO of Struck, talks about the transition from creative director to CEO, the Portland talent pool and whether data is the new black in the creative services sector.


Read more...

Streetfight

News
Sunday, December 07, 2014
BY LINDA BAKER

On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS