Pittsburgh, Rivers Casino reach $10 million local share agreement

Pittsburgh Mayor Bill Peduto and Rivers Casino officials announced Wednesday an official agreement has been made for the city to receive $10 million to replace casino revenues for 2017 after the state Supreme Court in September invalidated the state law directing the same amount to Pittsburgh and other municipalities.

After City Council gave their tentative approval of the deal during Wednesday’s Law and Finance Committee meeting, the Peduto administration said both parties reached an agreement earlier this week. 
Wednesday, December 21, 2016/Author: Alanna Koll
Categories: Pittsburgh

Pa. Supreme Court casino ruling could be costly for Pittsburgh

With last week’s decision by the Pennsylvania Supreme Court finding the local and county share assessments placed on casinos as unconstitutional, Pittsburgh officials are weighing in on what that could mean for the city. 

Situated on the North Shore of the city is Rivers Casino, an establishment that brings in an estimated $10 million a year to the city with Allegheny County collecting about $5.5 million. 

The effect of the supreme court’s decision could have an impact on the city and county counting on the gaming revenue it receives from Rivers Casino for their budgets.

Monday, October 3, 2016/Author: Alanna Koll
Categories: Pittsburgh