The Confederated Tribes of Siletz Indians announced today that they will be heading up a tribal gaming and entertainment facility on their reservation property in North Salem that will share 25% of its revenue with state and local government, 50% to be shared among the participating tribes, and the remaining proceeds retained by the Confederated Tribes of Siletz Indians.
The proposed 140,000 square foot entertainment, gaming, and hotel facility is slated to open in 2021 and is expected to generate about $185.4 million in gross revenue during the first year of operation. A tribal spokesperson related that they expect to employ 1,500 people in the first year.
Readers are welcome to visit the website dedicated to the Inter-Tribal Partnership Project (The Project) here: www.OregonTribes.com.
“We know that when Tribes come together with a shared mission, we achieve more for our community,” said Dee Pigsley, tribal council chairman, The Confederated Tribes of Siletz Indians. “As Tribal leaders we have a unique opportunity to make an unprecedented impact on Oregon’s economy and the lives of our Tribal members.”
According to the tribe, a recent economic study has estimated that the regional gaming market, including all of Oregon and eight southern Washington state counties, will reach $1.6 billion by 2021. The newly opened ilani Resort, a $500 million facility developed by Salishan-Mohegan LLC (Mohegan Sun et al) in collaboration with the Cowlitz Indian Tribe, may produce as much as $427 million in revenue with a large portion of that coming from Oregon residents.
“As a Tribal community, we have a responsibility to preserve and grow jobs and revenue in Oregon,” said Dee Pigsley, Chairman of the Siletz Tribal Council. “These funds directly support family wage jobs and healthcare, education, environmental, housing and transportation programs throughout the state.”
The new inter-tribal facility will be built on the Confederated Tribe of Siletz Indian’s reservation property near exit 258 off Interstate 5 in North Salem, Oregon. The tribe is currently endeavoring to expand tribal participation in the project and communicating with ?policy leaders about some of the economic benefits the facility will bring to the area, the region, and individual tribes.
The Confederated Tribes of Siletz Indians is a confederation of all the tribes of western Oregon. In the 1800’s Siletz ancestors were removed from their homelands and moved to the Siletz Reservation on the coast. Its tribal headquarters is located in Siletz, Oregon and the tribe has operated government offices in Salem, Portland, Eugene, Lincoln City and Siletz for over 40 years.
The tribe currently operates the Chinook Winds Casino Resort on the beach in Lincoln City.
This is a developing story and may be updated.