Eric Persson Reacquires Washington Casinos After Maverick Bankruptcy

Eric Persson has agreed to reacquire eight Washington casinos that were the subject of recent WARN closure notices, and he expects the transaction to close in about three weeks. The deal will transfer roughly 850 employees from the existing employer to Persson’s new operating company and keep the casino buildings open during the ownership change. Persson said he is coordinating with regulators on the transition.

Transaction details and timetable for Eric Persson reacquires Washington casinos

The agreement covers eight specific properties that appeared in WARN filings issued by Maverick Washington LLC. The casinos are 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 told media:

"From a customer standpoint, you know nothing changes. The building never closes." — Eric Persson

Persson expects the purchase of the eight Washington casinos to complete in roughly three weeks. He said the WARN notices reflect the end of employment under the existing company before workers join the new operator, and that customers should see no interruption in service while regulators review the transfer.

Jobs and WARN notices: how the workforce is being handled

The WARN (Worker Adjustment and Retraining Notification) letters filed by Maverick Washington LLC warned that about 850 positions across gaming, food service, security and management could end if the locations closed. The filings listed potential closure dates tied to the bankruptcy process; one set of WARN filings cited November 30 as a closure date for certain properties.

Christine Wisniewski, Human Resources Director named in the WARN correspondence, wrote that a change of owner or operator could keep the affected sites operating or delay any closure. Persson’s plan is to have the employees transfer to the new company, preserving their jobs through the change in ownership.

Context: Maverick Washington LLC, RunItOneTime LLC and the bankruptcy background

Maverick Washington LLC issued the WARN notices while operating within a bankruptcy process connected to RunItOneTime LLC. The Chapter 11 case was filed in July 2025 under RunItOneTime LLC in the Southern District of Texas. Court filings in that case listed assets and liabilities between $100 million and $500 million.

Persson drew a distinction between the entity in the bankruptcy filings and the current Maverick Gaming business. He said: "Maverick Gaming is not a party to the bankruptcy. We're a separate company." Persson previously transferred assets to lenders in 2025 and later bought back the Maverick Gaming name. Since then he has reacquired several assets, including four Washington card rooms and a manufacturing business; the current agreement would add the eight casinos named in the recent WARN notices.

Two other Tukwila casinos remain in a separate process. WARN filings issued in September covered 238 workers at Great American Casino and Riverside Casino in Tukwila, with November 1 listed as the potential closure date. Persson said another buyer is expected to acquire two additional properties, but he did not identify which buyer or which properties in his comments.

Regulatory and operational steps during the handover

Persson said he is working with regulators on the transition and expects the buildings to remain open while licensing and transfer processes proceed. The transaction will require the new operator to assume control of property operations and integrate approximately 850 employees into the new company payroll and management structures.

Operational continuity appears to be a central objective: Persson emphasised that customers will not experience closures, and the workforce move is being treated as a transfer rather than a service interruption. The WARN notices had left open the possibility that a buyer could prevent the closures, and the current agreement fulfils that scenario for these eight casinos.

Implications for the Washington casino market and next steps

The immediate effect is that the eight named casinos should remain open and staffed while ownership transfers are finalised. Persson’s expectation of a three‑week close sets a short timetable for regulators and the buyer to complete required approvals.

The wider bankruptcy and asset‑transfer process remains active for other properties connected to the RunItOneTime LLC case. Persson has already completed multiple asset moves in 2025 and 2026, and this agreement adds to that series of reacquisitions.

What operators and stakeholders will watch next

Operators, employees and local regulators will monitor:

• the exact closing date Persson cited (roughly three weeks from his statement);

• the regulatory approvals required to transfer licences and operational control;

• whether the unnamed buyer completes the acquisition of the two Tukwila casinos mentioned in WARN filings.

Persson has positioned this transaction as an asset reacquisition that preserves physical operations and employment at the eight sites while the legal and regulatory steps are completed.

"The building never closes," Persson said, underlining the intention to maintain continuous customer service during the handover.