Eric Persson agrees to repurchase eight Washington casinos after Maverick bankruptcy

Eric Persson agreed to repurchase eight casinos in the state of Washington that had been named in closure notices, and he expects the purchase to close in roughly three weeks. The transfer of ownership will preserve roughly 850 employees as they move from the previous employer to the new company. Persson said the venues will remain open during the transition.

Details of the deal and timetable for the repurchase of Washington casinos

The agreement covers eight properties listed in WARN notices that left open the possibility of closures as of 30 November. Persson said he expects to close the acquisition “in around three weeks” and is working with regulators to manage the transition. From an operational standpoint, customers will not see interruptions while ownership changes hands.

"From the customer's perspective, nothing changes. The building never closes." — Eric Persson

The WARN notices (Worker Adjustment and Retraining Notification) were filed by Maverick Washington LLC during a bankruptcy process connected to RunItOneTime LLC, and stated that about 850 positions could end if the venues closed. Persson explained those notices reflect the end of the employment relationship with the current company before employees move to the new operator.

Which casinos are included in the transaction

The acquisition covers the following Washington locations: Great American Casino in Everett; All Star Casino in Silverdale; Casino Caribbean in Yakima; Crazy Moose Casino in Pasco; Coyote Bobs Casino in Kennewick; and three Lakewood properties: Chip Casino, Macau Casino and Palace Casino. Persson confirmed the eight locations cited in the WARN notices are included in the deal.

Employment and operational continuity after the repurchase

The original notice included employees across departments: gaming, food service, security and management. Persson said workers will transfer to the new employer and retain their positions once the deal closes. The figure cited by the seller and by Persson was around 850 jobs affected by the notices.

Human Resources Director Christine Wisniewski had noted in the initial filings that a change of owner or operator could keep the sites operating or delay any closure, explicitly noting the possibility of a sale that would avoid cessation of activity.

Legal context: bankruptcy, background and other assets

The WARN notices were issued within a bankruptcy process tied to RunItOneTime LLC. The Chapter 11 case was filed in July 2025 in the Southern District of Texas, with court filings valuing assets and liabilities between $100 million and $500 million.

Persson distinguished between the entity in bankruptcy and the operating company: “Maverick Gaming is not part of the bankruptcy. We are a separate company.” He said that in 2025 he transferred assets to lenders and later repurchased the Maverick Gaming name; since then he has reacquired several assets, including four card rooms in Washington and a manufacturing business. This latest deal would add the eight cited casinos to his recovered assets.

Properties outside this agreement and next steps

Two additional casinos in Tukwila remain in a separate process. WARN notices issued in September covered 238 workers at Great American Casino and Riverside Casino in Tukwila, with a closing date indicated as 1 November. Persson said another buyer would need to acquire those two properties, though he did not identify that buyer.

In parallel with the expected close in weeks, Persson is in talks with state regulators to formalise the transfer of licences and operations. Regulatory management will be a practical milestone on the operation's calendar and on service continuity for customers and employees. [state regulators](/regulation)

Implications for the regional market and next moves

The transaction prevents an immediate shutdown of the eight gaming venues and preserves the associated workforce. Persson has already recovered prior assets tied to Maverick and other recent acquisitions; adding these eight properties would expand his presence in the [market](/b2b) of gambling in Washington.

For operators, suppliers and regulators in the region, the main tasks now are to oversee the transfer of employees and licences and ensure the venues maintain operations without interruptions during the change of ownership.