Maverick Gaming will shut two more casinos in Washington state this fall, eliminating 238 jobs as the operator continues to reduce its footprint while working through Chapter 11 bankruptcy proceedings.
Great American Casino and Riverside Casino, both located in Tukwila, are scheduled to close on November 1, 2026. Maverick Washington LLC filed Worker Adjustment and Retraining Notification notices with state officials on August 31 confirming the closures.
Riverside Casino accounts for 142 of the affected positions, while another 96 employees will lose their jobs at Great American Casino. The cuts cover a range of casino and hospitality roles, including dealers, cashiers, bartenders, cooks and management staff.
Washington Footprint Continues to Shrink
The latest closures extend a series of reductions by Maverick across Washington.
The company closed Silver Dollar Casino Mill Creek and Crazy Moose Casino Mountlake on July 31, affecting 41 and 82 employees respectively. Maverick has also shut other Washington properties as it restructures its operations, significantly reducing a portfolio that once made it one of the state’s largest commercial cardroom operators.
Maverick entered Chapter 11 proceedings on July 14, 2025, in the US Bankruptcy Court for the Southern District of Texas. At the time, the company said the process followed a review of its capital structure and would involve either a restructuring or sale process supported by key secured lenders. Its properties were expected to continue operating during the proceedings.
Court filings at the time placed both Maverick’s assets and liabilities between $100 million and $500 million. The company had previously undergone a debt restructuring in 2024.
Costs and Competition Add Pressure
Maverick’s financial difficulties have developed alongside high operating expenses and intense competition in Washington’s gambling market.
The company built a substantial cardroom business after launching in 2017 and expanded through acquisitions across Washington, Nevada and Colorado. Its Washington strategy was also influenced by expectations that commercial operators might eventually gain access to sports betting.
Washington lawmakers instead authorized sports wagering through tribal gaming compacts in 2020. Maverick challenged that framework in federal court, arguing that limiting the market to tribal operators placed commercial cardrooms at a disadvantage, but its effort to overturn the system was unsuccessful.
Operating costs have created additional pressure. Bankruptcy-related disclosures cited steep wage growth in Tukwila, where the minimum wage increased sharply between 2022 and 2025. Competition from larger tribal casino properties and broader economic pressures have also weighed on Maverick’s Washington business.
Despite the latest shutdowns, Maverick has not exited the market entirely. The company continues to operate gaming properties in Washington as well as casino businesses in Nevada and Colorado while its restructuring process moves forward.