WHERE IT'S ALWAYS A WIN-WIN
They say the house always wins, but what if the house is a part of something bigger? The project’s profit-sharing and community-focused plans ensure that everyone benefits.
Project plans include significant infrastructure modernizations to the roads, public transportation and water systems surrounding the property and construction of affordable housing units in the area. Serving as an anchor development, the property will also drive additional investment in North Salem.
Investment in Community
The project is a unique opportunity to invest in the local Salem community, and local small businesses will play a significant role. During the two-year construction phase, the project will generate about 2,300 jobs and $141 million in wages, stimulate $492 million in economic impact and produce $54 million in indirect purchases or spending through supply chains in the local economy.
The Tribe expects to generate $185 million in annual revenue in the first year of operation.
Revenue is expected to grow to $231 million by the third year.
The State of Oregon and local governments like the City of Salem will receive 25 percent of this revenue which will be reinvested into community improvements and programs.
Spurring economic growth in Salem and beyond
The casino will be home to 1,200 living wage jobs and provide ample opportunities for local small businesses to thrive. The Tribe expects to generate $185 million in annual revenue in the first year of operation, growing to $231 million by the third year. The State of Oregon and local governments like the City of Salem will receive 25 percent of this revenue, which can then be reinvested into community improvements and programs.
Third year annual revenue is projected to reach $231 million
In its gaming proposal, the Siletz Tribe is committing to distribute 25% of the net revenue to State and local governments, and 50% of the net revenue to the other eight Oregon Tribes under the Indian Gaming Regulatory Act charitable giving category for allowable uses of tribal gaming revenue.
AN INVESTMENT IN SALEM'S FUTURE
From the locals who will work at the property, to the local businesses who benefit from having more visitors in town, an endeavor like this is an investment in Salem's future. This project is a unique opportunity to add thousands of living wage jobs, spur economic growth, bring world-class entertainment, uplift Tribal communities and capitalize on significant infrastructure modernizations.
In addition, the project's unique profit-sharing and community-focused plans ensure that the State of Oregon, local governments like the City of Salem and all the nine federally recognized Tribes in Oregon benefit from the project. Please, listen to our community and say yes to this investment in Salem's future.