Riverside and Great American Casinos in Tukwila to Close as Maverick Gaming Cuts 238 More Jobs
Riverside and Great American Casinos in Tukwila to Close as Maverick Gaming Cuts 238 More Jobs
Struggling casino operator Maverick Gaming is closing two more cardrooms in Washington State and laying off 238 workers, continuing its contraction amid Chapter 11 bankruptcy proceedings. The closures mark the latest blow to the company’s footprint in the region.
Closures Set for November 1
Riverside Casino and Great American Casino, both located in Tukwila—just south of Seattle—will shut their doors on November 1, according to Worker Adjustment and Retraining Notification (WARN) notices filed with Washington state on Monday, August 31. The closures will result in 142 job losses at Riverside and 96 at Great American.
These are the latest in a string of closures by Kirkland, Wash.-based Maverick, which filed for Chapter 11 bankruptcy protection in July 2025 after a debt-fueled expansion of its Washington cardroom business. Since June alone, five Maverick cardrooms have closed or been marked for closure, affecting more than 400 employees.
Previous Closures in 2025
- Silver Dollar SeaTac Casino shuttered on June 30, leading to 65 layoffs.
- Crazy Moose Mountlake Casino in Mountlake Terrace and Silver Dollar Mill Creek Casino in Bothell closed on July 31, impacting an additional 123 workers.
A Bet on Sports Betting That Didn’t Pay Off
Maverick went on a spending spree in Washington shortly after the U.S. Supreme Court struck down PASPA—the federal prohibition on sports betting—in 2018. The company acquired 24 cardroom venues, including 19 in 2019 alone, making it the state’s largest nontribal gaming operator.
The company was effectively betting that Washington lawmakers would legalize commercial sports wagering. Instead, a 2020 law restricted sports betting to tribal casinos, including mobile wagering, which is only permitted on tribal lands.
Legal Challenges and Setbacks
Maverick sued Washington state and the federal government in 2022, arguing that the tribal exclusivity amounted to an unconstitutional monopoly. That lawsuit was ultimately dismissed.
Heavy Debt and Rising Costs
Maverick’s rapid expansion left it highly leveraged, and rising interest rates increased the cost of servicing its debt. At the same time, its Washington properties faced stiff competition from tribal casinos.
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 bankruptcy filing.
Latest Bankruptcy Court Developments
On Monday, August 31, the U.S. Bankruptcy Court for the Southern District of Texas granted Maverick a fourth extension of its exclusive period to file a Chapter 11 reorganization plan. The company continues to operate gaming properties in Washington, Nevada, and Colorado.
This article originally appeared on Casino.org.
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