Rivers Casino (Pittsburgh)
| Rivers Casino | |
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| Location | Pittsburgh, PA (United States) |
| Address | 777 Casino Drive Pittsburgh, PA 15212 |
| Opening date | August 9, 2009 |
| Theme | Waterfront |
| Notable restaurants | Grand View Buffet Ciao West End Cafe Andrew's Steak & Seafood The Wheelhouse |
| Casino type | Land-Based |
| Owner | Holdings Acquisition Co. L.P., Don H. Barden |
| Previous names | The Majestic Star Pittsburgh |
| Website | www.theriverscasino.com/ |
The Rivers Casino (originally going to be named the Majestic Star Casino) is a casino in Pittsburgh, Pennsylvania, United States. It is owned by Holdings Acquisition Co. L.P., a joint venture of Walton Street Capital LLC and High Pitt Gaming LP. Located in Pittsburgh's Chateau neighborhood along the Ohio River and adjacent to the Carnegie Science Center, it had its groundbreaking in December 2007 and opened on August 9, 2009. The casino was originally to be built by Don H. Barden, but financial troubles forced him to sell 75% of his interest in the casino to Holdings Acquisition Co on July 16, 2008. The casino has 3,000 slot machines.
The "Pennsylvania Race Horse Development and Gaming Act" authorized the Pennsylvania Gaming Control Board to issue up to 17 casino licenses, with at least 1 casino license reserved for the City of Pittsburgh. Four organizations entered the proposal process to win the Pittsburgh casino license: North Shore Gaming, LP, Isle of Capri Casinos, Inc., Station Square Gaming, LP, and PITG Gaming, LLC.Pittsburgh Mayor Luke Ravenstahl and other local officials favored a proposal from the Isle of Capri Casinos, Inc., which proposed to give the Pittsburgh Penguins $290 million to build a new arena. In a "Plan B" negotiated by local political leaders, both the Majestic Star and Forest City agreed to pay $7.5 million a year for 30 years toward the construction of the new hockey arena. The Station Square proposal was backed by major casino players, including Harrah's Entertainment and Forest City Enterprises. In 2005, then-Mayor Tom Murphy controversially said during a press luncheon that "the fix is in" for Forest City's proposal. The proposed plan suffered from questions about increases in traffic in the already-developed Station Square location.
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