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.
Business Information Releases – In assist of Thoroughbred trade organizations, BloodHorse is posting information releases regarding the trade. The releases haven’t been edited by Blood-Horse. If there are any questions please contact the group that has produced the information launch as directed within the information launch.