They acquired the so-called “racino” when it was at threat of closure, facing increased competition from racetracks in neighboring states. The property has been owned by the Rickman family since 1983 and consists of over 100,000 square feet of gaming space. The Rickman family helped turn around Delaware Park and position it for greater success. White Clay Creek Country Club, an 18-hole championship golf course, is not a part of the proposed sale and will remain an asset of the Rickman family. The parties expect the transaction to close by the end of the year, pending regulatory approvals.

A change in the property records had not been recorded as of Friday night, according to online county land records. The terms of the acquisitionwere not disclosed by the parties Friday. He is a licensed gaming operator in multiple states and territories and has served on numerous corporate boards, including major casino operator Caesars Entertainment. The buyers include Canadian private equity firm Clairvest Group and a newly formed subsidiary of Rubico Gaming LLC, run by experienced gaming investor Thomas Benninger. | PHOTO COURTESY OF WIKIMEDIAĬHRISTIANA – Delaware Park Casino’s longtime owners, the Rickman family, announced Friday afternoon that they have reached a sale agreement for the casino and racetrack with industry investors.

After nearly four decades, the Rickman family turned around Delaware Park and has sold it to industry investors.

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