850 Jobs Could Be Lost Says Maverick Washington As Eight Casinos May Close
Kirkland-based casino operator Maverick Gaming has signaled that as many as eight of its Washington properties could shut down, with approximately 850 jobs at stake, according to the most recent development in the company’s ongoing Chapter 11 restructuring. The warning, disclosed through state filings, extends a wave of contractions that has already eliminated several locations across the Puget Sound region over the past year.
A Deepening Restructuring
Maverick Gaming, which operates neighborhood casinos and hotels across Washington, Nevada, and Colorado, filed for Chapter 11 bankruptcy protection on July 14, 2025. The filing followed a 2024 debt restructuring and cited, among other factors, sustained competitive pressure from tribal casinos in the Washington market.
Since entering bankruptcy, the company has pursued a phased consolidation strategy. In July 2025, Maverick announced the closure of locations including the Dragon Tiger Casino in Mountlake and the Palace Casino in Lakewood. In April 2026, WARN (Worker Adjustment and Retraining Notification) filings confirmed that the Silver Dollar SeaTac Casino would close on June 30, cutting 65 positions.
Further closures followed. In June 2026, the company confirmed that the Silver Dollar Mill Creek Casino in Bothell and the Crazy Moose Mountlake Terrace Casino would close by July 31, eliminating 132 additional jobs among dealers, cashiers, and kitchen staff. Maverick has disclosed multiple rounds of layoffs in recent months, affecting nearly 200 positions across its SeaTac, Bothell, and Mountlake Terrace operations.
The Scale of the Current Warning
The latest notice to Washington state regulators indicates that the company is now contemplating the closure of up to eight properties, which would place roughly 850 employees at risk of displacement. The affected roles span gaming floor positions, food service, and back-of-house operations – categories that dominate the workforce at Maverick’s smaller-format cardrooms.
WARN notices do not guarantee closures; they are intended to provide advance notice to employees and state agencies when workforce reductions of significant scale are foreseeable. However, the breadth of the latest filing suggests that Maverick’s restructuring remains unresolved and that further consolidation is a realistic outcome.
Maverick’s difficulties reflect broader structural pressures in the Washington gaming market. Tribal casinos, which operate under compact agreements with the state and have expanded their gaming offerings in recent years, have drawn significant customer volume away from the state’s smaller commercial cardrooms. The company has attributed its financial distress in part to this competitive imbalance, along with the debt burden accumulated during an aggressive acquisition period.
For industry observers, the situation underscores the vulnerability of sub-scale operators in markets where tribal gaming dominates. The closures have also raised questions about the disposition of Maverick’s remaining real estate and gaming licenses, which may attract interest from other regional operators as the bankruptcy process continues.
