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State Auditor: Pittsburgh Slots Licensee Should Pay for Penguins Arena

29 December 2005

PITTSBURGH -- As reported by the Associated Press: "The state auditor general wants to tie the license to operate a slots parlor in Pittsburgh with responsibility for fully funding a new arena for the Pittsburgh Penguins.

"The Penguins have partnered with Isle of Capri Casinos Inc. on a $1 billion development plan that would include a new $290 million, 18,500-seat arena for the team. The Penguins have played in Mellon Arena _ the oldest and smallest in the National Hockey League _ since they began as an expansion team in 1967.

"Isle of Capri has pledged to pay the full cost of the arena if it gets the casino license.

"Auditor General Jack Wagner, a former state senator and Pittsburgh City Council president, wants other bidders to match that offer.

"...The city of Pittsburgh is guaranteed one license for a free-standing slot machine operation..."

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