Fund: Fund IV
Status: Exited
Industry: Gaming
Catalyst: Growth Capital
Location: United States
Ownership: Minority Owned
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Rivers Casino

Rivers Casino is an entertainment complex with 1,200 gaming positions located in Des Plains, Illinois. Rivers Casino is the closest casino to Chicago, the third largest US gaming market behind Las Vegas and Atlantic City.

Deal Highlights:

  • Rivers Casino emerged as the leading casino in Illinois and the #1 casino in the U.S. in both win-per-slot and win-per-table
  • Clairvest provided its expertise with greenfield casino developments and helped raise the necessary financing for the project
  • Clairvest assisted Rivers in completing two material recapitalizations