Rivers Casino payments for PPG Paints Arena keep rolling
Rivers Casino has anted another $3.5 million toward the cost of building the PPG Paints Arena, officials announced on Tuesday.
Under a 2007 agreement, the North Shore casino contributes $7.5 million a year — paid in two installments each fiscal year — toward the $321 million arena on Centre Avenue in Pittsburgh. The casino to date has kicked in $78.5 million toward construction costs.
It will have paid $228 million when the agreement ends in 2038.
“As always, we thank Rivers Casino Pittsburgh for its continued support and vested interest in the success of the SEA and PPG Paints Arena,” said Mary Conturo, executive director of the Pittsburgh-Allegheny County Sports & Exhibition Authority, which owns the building.
The arena was known as the Consol Energy Center when it opened in 2010 to replace the Civic Arena as the home of the Penguins and the region’s largest indoor concert venue. PPG Industries Inc. bought the naming rights in 2016.
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