From The Wall Street Journal | Clairvest Group has closed a $72 million investment in Midwest Gaming Holdings LLC, which is
building a casino and entertainment complex in Des Plaines, Ill., slated to open in 2011.
Midwest has closed on $295 million in debt financing and purchased the
land for the project. The financing package and construction project got
state regulatory approval on March 30, and Midwest paid $47.5 million
as a down-payment on a casino license.
Get the full story: wsj.com.