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.
LIVING WAGE
IN WAGES
ECONOMIC IMPACT
INDIRECT PURCHASES
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.
AN INVESTMENT IN OUR FUTURE
Benefits for all of Oregon
The project creates an unprecedented revenue sharing agreement with state and local government, as well as eligible participating Tribes.
Third year annual revenue is projected to reach $231 million
The Siletz Casino Project is an initiative to build Oregon’s first gaming facility that will directly share revenue with other eligible participating Oregon tribes, the State of Oregon and local governments.
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 includes a unique revenue-sharing proposal. The Siletz Tribe plans to share a percentage of the net revenue with eligible participating Oregon tribes, many of whom are located in rural areas. The State of Oregon and local governments like the City of Salem will also receive a percentage of the net revenue, which will be reinvested into community improvements and programs. Please, listen to our community and say yes to this investment in Salem’s future.