Rivers Casino Pittsburgh Makes $4.6 Million Payment to the S.E.A.

Rivers Casino Pittsburgh Makes $4.6 Million Payment to the S.E.A.
$124.6 million paid to date toward construction of PPG Paints Arena

Rivers Casino Pittsburgh paid $4.6 million today toward the construction expense of PPG Paints Arena. The Sports & Exhibition Authority of Pittsburgh and Allegheny County (SEA) and the casino jointly announced that $124.6 million has now been funded to date.

Rivers Casino contributes $7.5 million annually to the SEA for the arena’s construction debt financing, with installments occurring in October and April each year. The next installment will be paid on April 1, 2026.

By 2038, Rivers Casino will have contributed a total of $225 million per agreement with the SEA for the arena’s construction, which was completed in 2010. Rivers Casino opened in August 2009.

“We wish the Pittsburgh Penguins all the best for the upcoming season,” said Bud Green, general manager of Rivers Casino. “We’re honored to support the Penguins’ home ice, PPG Paints Arena, and the SEA — and applaud the collaboration that this important community asset represents.”

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.

“PPG Paints Arena recently celebrated its 15th anniversary, having welcomed approximately three million guests annually since opening in August 2010,” said Aaron Waller, executive director of the Sports & Exhibition Authority. “Allegheny County continues to thrive as a destination market, and we appreciate Rivers Casino’s contributions.”

ABOUT RIVERS CASINO PITTSBURGH
Rivers Casino Pittsburgh, located on the city’s North Shore and open 24/7, is one of Western Pennsylvania’s premier gaming and entertainment destinations. Rivers offers over 1,900 slot machines, 89 table games, 47 hybrid gaming seats, and a 30-table poker room, which holds the record for the largest bad beat jackpot in U.S. history (over $1.2 million). Home of BetRivers Sportsbook, Pittsburgh’s first and only licensed sportsbook, Rivers is the spot for any and all sports fans and bettors. Other amenities include a diverse lineup of eight distinct bars and restaurants, including Martorano’s Prime, the Italian-American steakhouse by celebrity cook Steve Martorano, and a 25,000-square-foot, second-level Event Center that hosts concerts, weddings, and more. Guests of The Landing Hotel adjacent to the casino have immediate access to the gaming floor. For additional information and current offerings, please visit RiversCasino.com/Pittsburgh.

MEDIA CONTACT
Griffin Horner
For Rivers Casino Pittsburgh
484-683-5980
[email protected]