Wednesday, October 13, 2010

What is Measure 75?

Oregon ballot measure 75 authorizes a private casino to be built in Wood Village. If passed, the casino would be the first of its kind in Oregon. However, a constitutional amendment must be added to permit the casino to be made. The measure claims to create 2500 new jobs, and 25% of the gambling revenue would go to the state. 70% of the casino would be non-gaming. Thirty-percent of the complex's tax revenue would go towards Multnomah County, while 2 percent would go towards a problem-gambling fund.

Sources:
http://ballotpedia.org/wiki/index.php/Oregon_Job_Growth_Education_And_Communities_Fund_Act,_Part_II,_Measure_75_%282010%29
http://news.opb.org/article/15400-measure-75-gambling-casino-revenues-state-funding/