Two Washington Casinos To Close Permanently In November

Key Highlights

A pair of Maverick Gaming casino properties in Washington are closing for good on November 1. The closures, prompted by a bankruptcy restructuring, will put more than 230 employees out of work. 

Two Tukwila Casinos Set to Close

Great American Casino and Riverside Casino in Tukwila, Washington, are the latest casino properties affected by Maverick Gaming’s business restructuring. Located just south of Seattle, both casinos have been operational since the late 1990s and were acquired by Maverick between 2019 and 2022. A total of 142 workers, including cashiers and cooks, were laid off from Riverside, while 96 employees were let go from Great American Casino.

Maverick Gaming filed Worker Adjustment and Retraining Notification (WARN) notices with Washington state outlining the planned closures. Former Las Vegas Sands executives Eric Persson and Justin Beltram founded Maverick in 2017 with an initial $43 million investment and sought to acquire undervalued gaming assets. 

Bankruptcy Restructuring Drives Changes

Maverick Gaming filed for Chapter 11 bankruptcy protection in July after completing a debt restructuring in 2024. Its bankruptcy filing listed both assets and liabilities between $100 million and $500 million as the casino operator began a court-supervised review of its capital structure and operations.

The company operates roughly two dozen casinos across Washington, Nevada, and Colorado. Maverick has said its other properties will maintain operations as it works through the restructuring process and attempts to preserve its remaining casino portfolio. Some of its other Washington properties include Chips Casino in Lakewood, All Star Lanes & Casino in Silverdale, and Crazy Moose Casino in Pasco.

Maverick Gaming Has Closed Other Washington Casinos

The November shutdowns follow several other Maverick Gaming casino closures in Washington during 2026. Dragon Tiger Casino in Mountlake Terrace, Palace Casino in Lakewood, Silver Dollar Casino in Renton, and Roman Casino in Seattle are among the properties that have already ceased operations this year.

Maverick has pointed to rising operating expenses, competition from tribal gaming properties, and costs connected to surveillance compliance as factors affecting its Washington operations. Rising labor costs, specifically from a significant 46% minimum wage increase in Tukwila from 2022 to 2025, also contributed to the recent closures. Minimum wage only increased 15% statewide during the same time period.