This bank was concerned about the potential liability from alcohol sales, so the center reopened for bowling but without a liquor license. In Oregon the state licenses video poker machines, which can be very profitable but are not available to businesses that do not have liquor licenses. A national management company was retained to manage the business. However, the management company had little or no experience with bowling. Without alcohol sales and without video poker and without industry experience, this center was in a negative cash flow position each month under the bank’s ownership.
32 lane center, Oregon
