Maverick Gaming, a Washington-based casino and card-room operator, filed for bankruptcy on Monday following a debt restructuring last year.
The company filed Chapter 11 in Texas and listed total liabilities and assets in the range of $100 million to $500 million, according to court papers. It owns and operates a portfolio of 27 properties across Nevada, Washington and Colorado, its website showed.
“We regret to announce the closure of four of our locations,” a statement on Maverick’s website reads, listing Dragon Tiger Casino in Mountlake Terrace, Palace Casino in Lakewood, Silver Dollar in Renton and Roman Casino in Seattle.
Maverick Gaming suffered from a weaker local economy as layoffs from the technology industry affected its customer base, according to a June 2024 report by S&P Global Ratings. It also faced high operating costs, including large rent obligations.
