Canada’s Clairvest Group, with a new subsidiary, Rubico Gaming, is to acquire the Delaware Park casino and racetrack business.
Rubico is run by experienced gaming investor Thomas Benninger and the new acquisition will offer racino operations serving Delaware and parts of Maryland, New Jersey and Pennsylvania.
The casino and property has been owned by the Rickman family since 1983 and has 100,000sq.ft of gaming space with slots, tables and poker.
The transaction will close before the end of this year. It will represent the 30th casino/racino in which Clairvest has held an interest and its 14th platform investment in the gaming industry.