|| Print ||
|Articles - September 2010|
|Friday, August 20, 2010|
As proponents of a private casino in Wood Village continue their fight to get an amendment on this fall’s ballot, video lottery retailers in Wood Village fear for their futures.
Measure 75 on the November ballot calls for the authorization to construct a private casino in Multnomah County. Another initiative sought to amend Oregon’s constitutional ban on private casinos, but it failed to get enough signatures. Casino proponents Matt Rossman and Bruce Studer have alleged a miscount and are fighting to get it approved for the ballot.
Within two and a half miles of Wood Village there are 85 video lottery retailers happy the casino’s fate is uncertain.
“A finite amount of gambling dollars exist in the state of Oregon,” says Tip Hanzlik, owner of Diamond Darcy’s. He says all the casino would do is transfer the gamblers from one establishment to another and cut the percentage of the revenue the state receives.
The local businesspeople also say that the revenue split is unfair. Measure 75 requires 25% of the adjusted gross revenue generated by the casino to be paid to the Oregon lottery. The lottery receives more than 72% of video lottery revenue.
“I’m not happy,” says Dean Hurford, owner of Bumpers Grill and Bar, “The little person doesn’t have a big enough voice.” Hurford is concerned the large casino will receive favoritism over small-business owners.
Wood Village mayor David Fuller supports the efforts to turn the Multnomah Greyhound Park into an entertainment complex. “We need economic development that is not government stimulated,” says Fuller, “[The casino] will yield tax dollars, instead of spend them.”
But the economic impact of the casino is as unsure as its future. ECONorthwest published a fiscal analysis of the casino for the Oregon Tribal Gaming Alliance, saying the casino would substantially cut into state lottery revenue. The Spectrum Gaming Group, an Atlantic City-based research firm hired by casino proponents, disputes that.
Either way, video lottery retailers in Wood Village say they will feel the pinch of the casino. Hanzlik generates approximately $20,000 for the state every month but says he struggles financially. “The casino would be the final nail in [my business’] coffin,” Hanzlik says.
Thursday, January 08, 2015
BY 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.
Thursday, January 29, 2015
BY JASON NORRIS | OB GUEST BLOGGER
Active vs. passive investing: what you need to know.
Friday, January 23, 2015
BY LINDA BAKER | OB EDITOR
The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.
Saturday, December 13, 2014
Checking in with the managing director of Arnerich Massena.
Monday, January 26, 2015
BY AMY MILSHTEIN
Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.
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.
Real Time - Oregon Business
Tweets by @OregonBusiness
|Will Medford Ever Be Cool?|
|The Carbon Calculus|
|The Human Factor|
|Raising the Stakes|
|Which Way to Chinatown?|
|GDP grows 2.6 percent in 4Q|
|Email scammers target younger demographic|
|McDonalds' head man steps down|
|Washington company recalls tainted beef|
|Commercial jet demand bolsters Boeing |
|Apple augments record quarter by shorting memory|
|Microsoft, Caterpillar woes lead Dow decrease|
Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
hubbub health uses behavior change science to rethink wellness programs.
In Ashland, a public-private partnership results in online resources to help diversify the local economy.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
Sussman Shank LLP is pleased to announce that Matt Mertens has joined the firm. Matt will practice in the firm's Business, Litigation, and Business & Restructuring practice groups.
If you have given a former employee access to your company’s electronic information by virtue of assigning a desktop or laptop computer and you suspect he or she of having taken electronically stored data, there are several steps to follow to preserve electronic forensic evidence from spoliation.
The official launch will be Jan. 14.