Horse Racing

Clairvest to Acquire Delaware Park from Rickman Family


The non-public fairness administration agency Clairvest Group Inc. introduced Nov. 5 that it, along with Clairvest Fairness Companions VI and a newly shaped subsidiary of Rubico Gaming, run by skilled gaming investor Thomas Benninger, has agreed to accumulate the Delaware Park on line casino and racetrack enterprise.

Delaware Park is a racino in Wilmington, Del., serving the Delaware market and elements of the Maryland, New Jersey, and Pennsylvania markets. The property has been owned by the Rickman household since 1983 and consists of over 100,000 sq. toes of gaming area with slot machines, desk video games, and poker tables.

The closing of the transaction is topic to, amongst different issues, acquiring regulatory approvals. The events count on the closing to happen by the tip of the calendar yr 2021.

Upon closing, this can signify the thirtieth on line casino/racino through which Clairvest has held an possession curiosity and Clairvest’s 14th platform funding within the gaming trade.

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