Maverick Gaming Cuts 238 More Jobs, Shutting Down Riverside and Great American Casinos

Maverick Gaming is closing two more Washington State cardrooms and laying off 238 employees as it continues to navigate Chapter 11 bankruptcy restructuring.

Riverside Casino and Great American Casino—both located in Tukwila, just south of Seattle—will close Nov. 1, according to Worker Adjustment and Retraining Notification (WARN) notices filed with Washington state on Aug. 31.

The shuttering will eliminate 142 jobs at Riverside and 96 at Great American.

The losses mark the latest in a string of closures for Kirkland, Wash.-based Maverick Gaming, which filed for Chapter 11 bankruptcy protection in July 2025 following a debt-fueled expansion across the state’s cardroom market.

Five Maverick cardrooms have now closed or been earmarked for closure since June alone, affecting over 400 workers.

Silver Dollar SeaTac Casino shuttered June 30, resulting in 65 layoffs. That was followed on July 31 by the closures of Crazy Moose Mountlake Casino in Mountlake Terrace and Silver Dollar Mill Creek Casino in Bothell, which affected another 123 employees.

Spending Spree

Maverick went on an aggressive buying spree in Washington shortly after the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018. The operator acquired 24 cardroom venues—including 19 in 2019 alone—to become the state’s largest nontribal gaming operator.

The company effectively bet on Washington lawmakers legalizing commercial sports wagering. Instead, a 2020 state law restricted sports betting exclusively to tribal casinos, limiting mobile wagering to tribal lands.

Maverick sued Washington state and the federal government in 2022, arguing the tribal exclusivity created an unconstitutional monopoly. The lawsuit was ultimately dismissed.

Highly Leveraged

Maverick’s rapid expansion left the firm highly leveraged, with rising interest rates driving up servicing costs on its debt while its cardrooms faced growing pressure from local tribal casino operations.

Four additional cardrooms—Dragon Tiger Casino in Mountlake Terrace, Palace Casino in Lakewood, Silver Dollar Casino in Renton, and Roman Casino in Seattle—were closed around the time of the initial bankruptcy filing.

On Aug. 31, the U.S. Bankruptcy Court for the Southern District of Texas granted Maverick a fourth extension on its exclusive window to file a Chapter 11 reorganization plan.

Maverick continues to operate remaining gaming properties across Washington, Nevada, and Colorado.