Tuesday, October 05, 2010

Happy Days: paperwork filed, but back taxes remain

According to an October 2 story in the News Tribune, Happy Days finally filed their accounting paperwork with the state on September 16. Expect a slap on the wrist from the Gambling Commission.

Its next deadline: paying the city of Lakewood $35,500+ in back taxes before the end of October, or risk losing its business license.

And, well, these contrasting paragraphs don't sound good:

Happy Days owner Douglas Searle said the Aug. 28 closure is temporary and that interest is high among potential investors who could provide capital to help reopen soon.

[T]he Washington Recreational Gaming Association of Washington, a card room trade group, said the chief “killers” of the businesses are the economy and Indian casinos, which can offer more games – including craps and roulette – higher limits and more tables than card rooms. “Happy Days is a complete victim of that... It just can’t compete with the Emerald Queen,”

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