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Rivers Casino Pittsburgh makes $4.4 million payment to the S.E.A.1 October 2024(PRESS RELEASE) -- Rivers Casino Pittsburgh paid $4.4 million today toward the construction expense of PPG Paints Arena. The Sports & Exhibition Authority of Pittsburgh and Allegheny County and the casino jointly announced that $116.9 million has now been funded to date. Rivers Casino contributes $7.5 million annually to the SEA, with installments occurring in October and April each year. The next installment will be paid on 1 April 2025. By 2038, Rivers Casino will have contributed a total of $225 million per the agreement with the SEA for the arena’s construction, which was completed in 2010. Rivers Casino opened in August of 2009. “We’re proud to collaborate with the SEA and to support PPG Paints Arena, which draws hundreds of thousands of visitors to the city of Pittsburgh each year,” said Bud Green, general manager of Rivers Casino. “We wish the Pittsburgh Penguins another great season on their home ice.” Rivers Casino generates approximately $160 million annually for the commonwealth of Pennsylvania, Allegheny County and Pittsburgh, including the city’s economic development and tourism fund. “We applaud Rivers Casino for delivering on its commitment and for its continued support,” said Aaron Waller, executive director of the Sports & Exhibition Authority. “PPG Paints Arena and Rivers Casino both continue to benefit the citizens of Allegheny County and the region.” |