WEEKLY UPDATES
Keep tabs on news, events and market changes from the Lake Regions in Maine.
click here to subscribe


RECREATIONAL GUIDELINES BOOKLET
Enjoy your favorite activities the safe way.
Click here to request your free copy.


Buffer Handbook
A guide to creating a vegetative buffer for lakefront properties.
Click here to receive this free handbook.

Maine Lakefront Real Estate

Lake Living magazine has been described as "the Downeast Magazine of the Sebago Region" Click here for a free copy of this award-winning magazine!



Our Maine lakefront experts are standing by to help you. Views and news about Maine lakes and lakefront homes See why the Mr. Lakefront team provides superior information and unsurpassed service Read the latest news about lakes and ponds across the state Educate yourself about buying lakefront property Find information about hundreds of Maine lakes and ponds Browse available Maine lakefront properties

Maine Shoreland
Zoning -
A Handbook For Shoreland Owners
A "Must Have" for every Maine lakefront homeowner.
Send us your info and receive this free 42 page handbook:
Name:

*Email:

Phone:

Comment:

*required


Maine lakefront property, Lakefront property in Maine, Lakefront property Maine, Maine lakefront real estate

The latest news about Maine lakes and ponds.

Casino Backers Try Their Luck Again

September 23, 2010 - OXFORD -- Backers of a proposed $165 million casino and resort in Oxford County are betting the sour economy and high jobless rate will spur voters to approve a project they say will create well over 1,000 jobs and pump tens of millions of dollars into the economy.

Voters two years ago rejected by a margin of 55-45 a similar referendum calling for a $180 million resort and casino in this town of about 4,000 an hour north of Portland.

This time around, there's a new set of homegrown investors who are confident that voters will give the OK for Maine's first casino with black jack, craps and other table games, in addition to slot machines.

People are hungry for jobs and economic opportunity, said Jim Boldebook, one of the investors in Black Bear Entertainment LLC, which would own the casino. The unemployment rate in Oxford County was 10.6 percent in July, much higher than the 7.9 percent unadjusted statewide rate.

"When you cross into Maine you see that big sign that says, 'Maine, the way life should be,'" Boldebook said. "Well, I have news for you. When you've got 70 percent of the people in western Maine who are on either Medicare or Medicaid, when you've got 22 percent of the people living on some kind of general assistance, I ask the question, 'Is that the way life should be?'"

Maine is home to Hollywood Slots in Bangor, which has 1,000 slot machines but no table games, which was made possible through a statewide referendum that voters approved in 2003.

But Mainers have rejected three other referendums since 2003 calling for casinos with slot machines, table games, hotels, restaurants and other amenities. There's no reason to think the outcome will be different this year, said Dennis Bailey, executive director of CasinosNo!

"It's not economic development. It takes as many jobs out of the economy as it will add, and probably more," Bailey said. "We aren't going to be the next Foxwoods. We aren't going to be the next Atlantic City, and who would want to be? It'll just take money away from local economies and regional economies and put it into the pockets of slick casino operators."

Question 1 on the Nov. 2 ballot asks: "Do you want to allow a casino with table games and slot machines at a single site in Oxford County, subject to local approval, with part of the profits going to specific state, local and tribal programs?"

Black Bear Entertainment is comprised of Boldebook, the owner of Creative Broadcast Concepts ad agency in Biddeford; Steve Barber, former president and CEO of Barber Foods in Portland, and his wife; Bob Bahre, former owner of Oxford Plains Speedway and the founder of the New Hampshire International Speedway, and his business partner son, Gary; Rob Lalley, co-owner of the Mt. Abram ski resort in Greenwood; and Suzanne and Rupert Grover, who owns a precision metal drilling company in Norway.

As in past elections, talk of a gambling hall has ignited strong feelings.

The idea of a casino just a few miles from her Otisfield home has prompted Zizi Vlaun to organize a political action committee to oppose the plan. Black Bear Entertainment says it has several sites under consideration for the casino on or near Route 26, but it won't divulge the exact locations.

If a casino comes to town, area restaurants will close, retail sales will go down, unemployment will go up, drunk driving will increase, domestic abuse will rise, Vlaun said. She quotes billionaire investor Warren Buffett, who once called gambling a "tax on ignorance."

"This will not solve our problems," Vlaun said. "It will create problems. It's a short-tem fix for bad long-term problems."

Another coalition that includes Pennsylvania-based Penn National Gaming Inc., the owner of Hollywood Slots, has formed a political action committee in opposition to the referendum.

But many people along Route 26 will tell you most folks in this neck of the woods want a casino for the jobs.

A study by a University of Maine economics professor estimated that the gambling operations alone would require 879 full- and part-time employees, and the resort with its hotel, restaurants and conference center would need still more workers. The study was commissioned by Black Bear Entertainment.

The casino and resort would generate $126.7 million in gambling revenues and at least $60.9 million in taxes for the state each year, and casino visitors would spend $51.3 million in area restaurants and lodging facilities, the study said.

Evan Thurlow, 85, is no gambler, but he likes those numbers.

The region has been hurt in recent times by the loss of housing manufacturers, a woolen mill, wood-products plants and other businesses, he said.

Busloads of Mainers with wallets full of money regularly travel to the Foxwoods casino in Connecticut to try their hand at gambling, he said.

"If they're going to gamble, the money might as well stay here in the state," Thurlow said as he packed green peppers into cardboard boxes at the Crestholm Farm Stand.

The Oxford Board of Selectmen has given its unanimous endorsement to the project. But it may be a tougher sell elsewhere. Voters in 12 of Maine's 16 counties rejected the 2008 casino proposal.

"I have a feeling it'll pass this time," said Chairman Floyd Thurlow. "People are finally opening their eyes that we need jobs."

by Michael Daniels, Bethel Citizen, September 23, 2010

Lakes:
Regions: Sebago


Print this story

Email this story

return to Lake News



37 Roosevelt Trail . PO Box 970 . South Casco . ME 04077
Phone: 207-655-8787 . E-mail: info@mrlakefront.net




HOME | MAINE LAKEFRONT LOCATOR | LAKESMART | LAKEFRONT 101
MAINE LAKE NEWS | ABOUT US | CONTACT US | OUR LISTINGS | SITE MAP
Privacy Policy: Your information will be held in the strictest confidence and will never be shared or sold.
© 2010 Mr. Lakefront, Inc.