For the first time in 38 years, Delaware Park will no longer be a part of the Rickman family, which helped revive the racetrack from financial ruin and make it once again competitive with neighboring operations.
The family has sold the casino and racetrack business to a private equity firm and a gaming investor, according to a press release issued Friday afternoon.
The new owners will be Clairvest Group Inc., a Toronto-based “middle market” private equity firm, and Rubico Gaming LLC, a newly formed subsidiary run by investor Thomas Benninger. Benninger is involved in several casino and gaming companies, including as a member of the board of directors of Caesars Entertainment Corp.
