Sponsored by Lane Powell

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

Cache and Curry

March 2015
Monday, February 23, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Power Lunch at Swagat in Hillsboro.


Read more...

Party Like It’s 1999

Contributed Blogs
Wednesday, February 25, 2015
pets-com-sock-puppetBY JASON NORRIS, CFA | OB GUEST BLOGGER

Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.


Read more...

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


Read more...

Taking the lead in boosting Oregonians’ health and strengthening our economy

Contributed Blogs
Thursday, January 08, 2015
0108-injection-thumbBY CAMBIA HEALTH SOLUTIONS & OREGON BUSINESS COUNCIL | OP-ED

Businesses have a significant stake in the health of Oregonians. In fact, we cannot succeed without it. By committing to using our companies as levers for good health, we invest in our people, our business, our quality of life and our economy. 


Read more...

2015 100 Best companies announced

The Latest
Friday, February 27, 2015
IMG 0022cneditBY OB STAFF

The 100 Best list recognizes large, medium and small companies for excellence in work environment, management and communications, decision-making and trust, career development and learning, and benefits and compensation.


Read more...

5 schools helping students crack code

The Latest
Thursday, January 29, 2015
codeduthumbnailBY JACOB PALMER | OB DIGITAL NEWS EDITOR

As the costs of college mount, and as employer demand for software developers soars, coding schools and classes are popping up everywhere.


Read more...

Everything old is new again: How the EEOC is reinventing itself

Contributed Blogs
Tuesday, February 17, 2015
BY TAMSEN LEACHMAN | OB GUEST CONTRIBUTOR

It is important to understand the EEOC’s priorities, and ensure that your leadership understands the shifting expectations of regulators and the heightened standards to which you (and they) may be held.


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