NORTHFIELD, Ohio (WJW) — A Northeast Ohio casino is once again soon to change hands. MGM Resorts announced it’s selling MGM Northfield Park to the Clairvest Group, a private-equity firm out of Canada, ...
MGM Resorts International MGM has announced an agreement to divest the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. in a deal valued at $546 million in ...
A deal to sell a popular racino in Ohio has crossed the finish line. MGM Resorts International has announced the sale of its MGM Northfield Park operations to Clairvest Group Inc., a private equity ...
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MGM Resorts selling out-of-state casino for $546M
Las Vegas-based MGM Resorts International announced Thursday it has agreed to sell the operations of MGM Northfield Park, a racino near Cleveland, to private equity funds managed by Clairvest Group ...
NORTHFIELD, Ohio (WOIO) - MGM Northfield Park was sold to private equity funds managed by Clairvest Group Inc. for $546 million in cash, according to a news release sent out Thursday morning. “I want ...
TORONTO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) (“CVG”) today announced that it, together with Clairvest Equity Partners VII (“CEP VII”, collectively “Clairvest”), has ...
Purchase price represents an approximate 6.6x multiple on Adjusted EBITDA for the trailing twelve months ended June 30, 2025 LAS VEGAS, Oct. 16, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: ...
Clairvest agreed to buy MGM Resorts International's regional gambling and harness racetrack operations in Ohio for $546 million in cash, making this the 17th gaming-industry investment for the ...
Northfield Park, located in Ohio, is a regional racino (racetrack and casino) serving the Cleveland and Akron areas. Among the property features are 74,000 square feet of gaming space with about 1,600 ...
Online betting accounted for 98.1% of Ohio’s sports-betting handle in 2025, with FanDuel and DraftKings combining for 66.6% ...
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