Pennsylvania businessman Ira Lubert, who is leading a casino development in State College near Penn State University, maintained a 3.15% position in Rivers Casino Pittsburgh. Lubert used his Rivers Pittsburgh investment to bid on the satellite casino license he’s using to construct the Happy Valley Casino. Bluhm co-founded Rush Street Gaming in the mid-1990s with Greg Carlin. Bluhm also co-founded Walton Street Capital, a private equity firm based in the Windy City. Rivers Casino Pittsburgh is valued at almost $1 billion. The assessment comes amid a recapitalization of the land-based casino and hotel along the Ohio River at the convergence of the Three Rivers.

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