Rivers Casino to make payment for arena tab
By Tom Fontaine
Published: Monday, Sept. 30, 2013, 3:30 p.m.
Rivers Casino said Monday it intends to make a $2.8 million payment to the Sports & Exhibition Authority of Allegheny County as required under a long-term agreement to help pay for Consol Energy Center's construction.
The Rivers is required to make two payments totaling $7.5 million each year, one on April 1 and the other on Oct. 1. To date, the North Shore casino has contributed $32.8 million toward construction of the $321 million Uptown arena.
The Rivers' agreement with SEA extends through 2038.
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