State analysis: casino would shrink Oregon economy

| Print |  Email
Must Reads
Thursday, October 25, 2012

Between now and the Nov. 6 election, promoters of a vast new 3,500-slot-machine casino in Wood Village hope to keep voters’ attention off gambling and on other shiny features of their proposed development—a water slide, concert venue and farmers market.

And they will repeat the sunny claims (echoed by the news media) that the casino would create 2,000 new jobs while generating $100 million annually for Oregon schools and other public services.

“Fun for you,” the casino backers say. “Good for Oregon.”

But supporters of Measures 82 and 83, which would authorize the casino, probably won’t be talking about one financial analysis that sinks their arguments.

The analysis, obtained by WW, was written by the nonpartisan Legislative Revenue Office and takes into account all the impacts—positive and negative—from a huge casino in east Multnomah County.

The bottom line: The casino would probably cost state and local governments money and, on a broader basis, actually shrink the Oregon economy.

Read more in today's Willamette Week.

 

More Articles

The 5 highest revenue-generating parks in Oregon

The Latest
Thursday, June 11, 2015
parksthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.


Read more...

Eco Zoned

June 2015
Friday, May 22, 2015
BY HANNAH WALLACE

Travelers have always come to Oregon for its natural beauty. But will the increasing popularity of agritourism, European-style hiking getaways and forest resorts relax Oregon's notoriously strict land-use laws?


Read more...

Hall of Flame

June 2015
Friday, May 22, 2015
BY JACOB PALMER

A Power Lunch at Oswego Grill.


Read more...

No Boundaries

June 2015
Friday, May 22, 2015
BY AMY MILSHTEIN

Floor plans embrace the great wide open.


Read more...

Urban renewer

Linda Baker
Wednesday, June 24, 2015
UnknownBY LINDA BAKER   

One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.


Read more...

Sun set

June 2015
Friday, May 22, 2015
BY CHRIS NOBLE

The right sunglasses can protect your eyes and look cool at the same time. This being the 21st century, select shades are socially conscious, too. Portland brand Shwood uses wood and other natural materials and manufactures locally. Founded by Ann Sacks, the brand Fetch dedicates a portion of its profits to animal welfare. But whether you choose classic tortiseshell or aviator chic, please, shed the sunglasses when you walk in the door — and, of course, at night. 


Read more...

Biker dreams

The Latest
Friday, May 15, 2015
bike at ater wynn-thumbBY KIM MOORE | RESEARCH EDITOR

The Portland Bureau of Transportation is seeking input from businesses on a $5.5 million initiative to create a network of biking, transit and pedestrian trails within Portland’s central city.


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