Wyomissing, Berks County-based Penn National would buy Rosecroft from Cloverleaf Enterprises Inc. The businesses expect to close the deal in about a month. Rosecroft is a harness-racing facility in the outskirts of Washington, D.C., with simulcast wagering, a clubhouse lounge and dining.
Penn National owns and operates Penn National Race Course in Dauphin County. The company trades on the Nasdaq stock exchange under the ticker symbol PENN.