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Maverick Gaming closes two Washington casinos and lays off 238 employees

Deals & M&A

Maverick Gaming is closing the Riverside Casino and Great American Casino in Tukwila, Washington, as part of its reorganisation, according to the report. The closures will affect 238 employees: 142 at Riverside and 96 at Great American; the company’s parent filed for bankruptcy protection last year.

The closures affect 238 employees and form part of Maverick Gaming’s reorganisation.

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Deals & M&A

Maverick Gaming owner plans buyback of eight WA casinos

Maverick Gaming’s owner plans to buy back eight WA casinos. The proposed transaction follows bankruptcy-related WARN notices announcing closures for 30 November.

Eric Persson, owner of Maverick Gaming, has announced plans to acquire eight Washington casinos personally in order to keep them operating, with about 850 jobs to be preserved. Persson told KIRO Newsradio he expects the transaction to close in about three weeks. Employees will move to the new company and the properties will remain open, he said.

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