Maverick Founder Buys Back 8 Washington Casinos as 2 Nevada Properties Still Face Closure
Eight Washington card rooms that had been facing closure will stay open after Maverick Gaming founder Eric Persson agreed to buy them back from the lenders currently controlling the business. Two of the company's Nevada properties, however, remain on track for a possible shutdown at the end of next month, with no indication yet that the same rescue is coming for them.
How Maverick ended up here
The original Maverick Gaming business transferred its assets to its lenders in July 2025 after struggling with debt and a post-pandemic decline in revenue. Those assets are now held through RunItOneTime LLC and subsidiaries including Maverick Washington LLC, which subsequently entered Chapter 11 bankruptcy proceedings. Persson separately reacquired the Maverick Gaming name and has spent the past year buying assets back from the lenders piece by piece — this latest deal follows an earlier purchase of four Washington card rooms and a manufacturing business.
The eight Washington properties
The casinos covered by the new deal are Great American Casino in Everett, All Star Casino in Silverdale, Casino Caribbean in Yakima, Crazy Moose Casino in Pasco, Coyote Bob's Casino in Kennewick, and three Lakewood properties — Chip's Casino, Macau Casino, and Palace Casino. Maverick Washington LLC had filed WARN notices covering roughly 850 employees across those sites, including dealers, servers, bartenders, cooks, cashiers, security staff, and managers, but the notices themselves acknowledged that a change in ownership could prevent the closures from actually happening. Persson told KIRO Newsradio the transaction should close within about three weeks and that customers should notice essentially no disruption. "From a customer standpoint, you know nothing changes," he said. "The building never closes."
Nevada's two Elko properties remain at risk
It's a different story in Nevada. Separate WARN notices, reported by the Las Vegas Review-Journal, cover the Maverick Casino Hotel and Gold Country Inn and Casino, both in Elko, and suggest both could close on November 30 — putting roughly 239 jobs at risk. The article gives no indication that Persson has moved to repeat the Washington buyback structure for either Nevada property.
A disputed "bankrupt" label
Persson has pushed back on characterizations of his current Maverick Gaming operation as bankrupt, arguing it's a distinct entity from the ones in Chapter 11. Federal bankruptcy records complicate that framing somewhat: RunItOneTime LLC is the lead debtor in the proceedings, but Maverick Gaming LLC and Maverick Washington LLC are also listed among the affiliated debtor entities, underscoring just how tangled the corporate restructuring has become.