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Pittsburgh’s Casino Posts Strong Gains in 2011 |
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Government -
Gaming
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Written by Allegheny Institute
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Friday, 27 January 2012 14:53 |
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To say that the Rivers Casino in Pittsburgh had a tumultuous start is an understatement. As we have documented in previous Policy Briefs, since it won the gaming license for Pittsburgh the casino has undergone an ownership change, a reduction in its credit rating, and its revenues have come in been well below pre-opening projections. But after beginning operations in mid-2009 and now having experienced two full years of slots operation--and one full year of table games-- has Pittsburgh's gaming parlor risen to its hoped for potential?
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Last Updated on Friday, 27 January 2012 15:08 |
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