Maverick Gaming has announced plans to shut down two of its casino properties in Tukwila, Washington, a move that will result in 238 employees losing their jobs as the company continues restructuring efforts while operating under Chapter 11 bankruptcy protection.
State Worker Adjustment and Retraining Notification (WARN) filings submitted on Monday show that the Kirkland-based gaming operator will permanently close both Great American Casino and Riverside Casino, which are located on Interurban Avenue South. The closures are scheduled to take effect on Nov. 1.
The shutdown of Great American Casino, located at 14040 Interurban Ave. S., will affect 96 employees. Riverside Casino, situated at 14060 Interurban Ave. S., will account for 142 job losses. The workforce reductions span a range of positions, including cashiers, dealers, bartenders, cooks, supervisors, and other management roles.
Additional Closures Follow Bankruptcy Filing
The latest closures add to a growing list of properties that Maverick Gaming has discontinued since entering Chapter 11 proceedings. The company filed for bankruptcy protection in July 2025 following a debt restructuring completed the previous year.
According to the latest filings, Maverick has now closed five locations since April. Earlier this year, the company announced the closure of Silver Dollar SeaTac Casino, affecting approximately 65 employees. In June, it disclosed plans to close Crazy Moose Montlake Casino and Silver Dollar Mill Creek Casino, leading to another 132 layoffs.
Separate reports connected to the bankruptcy proceedings also noted the closure of several additional venues in 2025, including Dragon Tiger Casino in Mountlake Terrace, Palace Casino in Lakewood, Silver Dollar in Renton, and Roman Casino in Seattle.
The company has issued multiple rounds of layoffs throughout the year. During the summer alone, Maverick disclosed three separate workforce reductions that affected 188 positions across facilities in SeaTac, Bothell, and Mountlake Terrace.
Company Cites Industry Challenges
Following its bankruptcy filing, Maverick Gaming attributed part of its operational difficulties to a regulatory decision involving surveillance technology proposals for Washington cardrooms.
“This decision follows the Washington Gaming Commissioners’ choice to shut down the centralized surveillance petition, which was intended to support Washington Cardrooms,” Maverick Gaming stated according to Puget Sound Business Journal. “In the decision considerations, the gaming board compared Washington cardroom casinos (15 tables) to mega casinos that attract higher volumes of traffic, impacting our operations. The lack of centralized and advanced surveillance technology, in contrast to what is available in larger establishments, has further hindered our ability to compete effectively.”
The company filed its Chapter 11 case in Texas. Court documents estimated both assets and liabilities within a range of $100 million to $500 million.
At the time of the bankruptcy filing, Maverick reported ownership and operation of 27 properties across Washington, Nevada, and Colorado. Its portfolio included 1,800 slot machines, 350 table games, 1,020 hotel rooms, and 30 restaurants.
Restructuring Efforts Continue
Maverick Gaming moved its corporate headquarters from Las Vegas to Kirkland in 2021. Before the recent closures, the company’s website listed 24 locations in Washington in addition to operations in Nevada and Colorado.
The company also completed several real estate transactions before its financial restructuring. During 2022 and 2023, Maverick sold three Seattle-area properties to entities affiliated with Oak Street Real Estate Capital for nearly $62 million. Despite the sales, gaming operations continued at those locations afterward.
Efforts to contact company representatives following the latest closure notices proved difficult. The email address previously used by chief restructuring officer Jeff Seery is no longer active, and company representatives could not be reached for comment.
Several firms remain involved in overseeing the restructuring process. GLC Advisors is serving as investment banker, while Portage Point Partners is acting as restructuring advisor. Legal counsel responsibilities are being handled by Latham & Watkins and Hunton Andrews Kurth.