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|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.
Wednesday, September 30, 2015
BY LINDA BAKER | EDITOR
The media coverage about Pope Francis must have put me in a Biblical frame of mind. Because after touring the latest phase of the South Waterfront development, a mind boggling 1.5 million square feet of office and retail space that will spring up north of the aerial tram over the next few years, I couldn’t stop thinking about the massive project as a modern day creation story.
Tuesday, September 15, 2015
BY LINDA BAKER
The 2016 presidential election is shaping up to be the year of the outsider, with Bernie Sanders and Donald Trump capturing leads in the polls and the headlines. In Portland, Wheeler vs. Hales is bucking the outlier trend.
Thursday, September 10, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
The Oregon Office of Economic Analysis released a report on the vitality of rural Oregon this week. Media reports focused on the number of Californians moving to the "Timber Belt," but the document contained other interesting insights regarding regional challenges and successes.
Wednesday, August 19, 2015
BY LINDA BAKER
In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction.
Thursday, August 27, 2015
BY LINDA BAKER
How do you put a baby on the cover of a business magazine without it looking too cutesy?
Wednesday, August 19, 2015
BY AMY MILSHTEIN
Training, from the mundane to the sublime, bolsters companies and workers in an uncertain world.
Monday, September 28, 2015
BY TIM NEVILLE
Betty Roppe steers Prineville into the future.
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