Tag Archives: Clairvest Group
Japan – Caesars to only own five per cent of Wakayama IR
Caesars Entertainment will only hold a five per cent share of the Integrated Resort casino destined for Wakayama prefecture’s Marina City with Canada-based Clairvest Group holding a 55 per cent share and and 40 per cent held by other investors. In documents published by the prefecture, operation of the JPY470bn (US$4.1bn) IR will be handled by…
US – Delaware Park being bought by Clairvest and Rubico Gaming
Canada-based Clairvest Group and Rubico Gaming have set up a new company to buy Delaware Park in Wilmington, Delaware where it serves not just the Delaware market but parts of the Maryland, New Jersey, and Pennsylvania too. The property has been owned by the Rickman family since 1983 and consists of over 100,000 square feet of…
Japan – Wakayama names Clairvest as chosen operator but wants project refined
Toronto-based private equity firm Clairvest Group has been confirmed as the chosen operator for the Japanese city of Wakayama, giving the prefecture the lead over the over three regions known to be pursuing Integrated Resort casinos. Clairvest will spend US$4.3bn on an IR on Wakayama Marina City, covering 569,000 sq. m. with the gaming floor…
