Could Oregon be Seeing its First Non-Tribal Casino?
27 December 2005
Two wealthy Portland men have filed a petition in an attempt to build the first non-tribal casino in Oregon. Bruce Studer and Matt Rossman have until July of next year to gather signatures in favor of a $490 million gambling and entertainment complex in the state. If enough signatures are gathered, this proposal will be placed on the November 2006 ballot. This initiative is dependent upon a change in Oregon's constitution, which forbids non-tribal casinos. Studer and Rossman wish to operate a single commercial, taxable casino.
Lottery machines are already installed at a number of Oregon's restaurants and bars, with owners getting a share of the profits. The Oregon Restaurant Association is therefore likely to oppose this casino proposal, as a drop in business may result. It is believed that Oregon's Indian tribes will also oppose the casino proposal. If approved, the proposed casino will be built near Portland, potentially creating more employment and increasing economic revenue in the area.
It has been reported that Studer and Rossman are willing to spend as much as $8 million on this ballot campaign. No financial backers for the casino have been named, but it is believed that the two are looking for owners within Oregon.
Source: Authorized Online Casinos News Staff
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