Maverick Gaming Casinos
2025-11-26
About Maverick Gaming
Maverick Gaming casinos have become a key player in the U.S. gaming industry, focusing on a diverse portfolio of casino operations.
Established in 2017 by industry veterans Eric Persson and Justin Beltram.Operates 26 gaming properties across Washington, Nevada, and Colorado.Recent Chapter 11 bankruptcy filed in 2025 for business restructuring.Major acquisitions include Nevada Gold & Casinos, Inc. and Evergreen Gaming Corp.Known for strategic growth through acquisitions and diversification.
Maverick Gaming casinos have emerged as a major player in the U.S. gaming market, known for their rapid expansion and diverse portfolio of gaming properties. Headquartered in Kirkland, Washington, Maverick Gaming operates a significant number of casinos and cardrooms across three key states: Washington, Nevada, and Colorado. Their presence in these regions reflects a strategic approach to capturing both urban and rural gaming markets, positioning the company as a notable force in the American casino industry.
Maverick Gaming Casinos Overview
History of Maverick Gaming
Founded in 2017 by gaming industry veterans Eric Persson and Justin Beltram, Maverick Gaming quickly established itself through a series of strategic acquisitions. The company began with small casino operations in Nevada before expanding into Washington and Colorado. Key milestones include the acquisition of Nevada Gold & Casinos, Inc. in 2019, which provided a foothold in Washington's cardroom market, and the purchase of Evergreen Gaming Corp. in 2021, further solidifying their presence in the state. Maverick's growth strategy has been acquisition-driven, allowing them to rapidly scale their operations and diversify their offerings.
Geographic Presence
Maverick Gaming operates a portfolio of 26 gaming properties across Washington, Nevada, and Colorado. In Washington, the company manages 22 house-banked cardrooms, primarily concentrated in the Seattle area. In Nevada, Maverick owns five casino hotels, including notable properties in West Wendover and Elko. In Colorado, the company operates three casinos in the historic mining towns of Black Hawk and Central City. These properties collectively feature approximately 2,500 slot machines, 320 table games, 1,200 hotel rooms, and 30 restaurants, catering to a wide range of gaming preferences.
Bankruptcy Situation
In July 2025, Maverick Gaming filed for Chapter 11 bankruptcy protection. This move was prompted by financial challenges, including the closure of four of their cardrooms in the Seattle area. The bankruptcy filing has led to operational adjustments, with the company seeking to restructure its debt and stabilize its business. Despite these challenges, Maverick continues to operate its remaining properties and remains a significant presence in the gaming industry.
Maverick Gaming's Industry Impact
Maverick Gaming is a key player in the U.S. casino industry, known for its strategic acquisitions and diverse operations across several states.
Despite challenges, Maverick Gaming's operations have had a lasting impact on local and regional gaming markets.
- Manages 22 house-banked cardrooms in Washington.
- Owns and operates 5 casino hotels in Nevada's rural markets.
- Holds 3 casinos in Colorado's historic mining regions.
- Challenges include competition with tribal casinos and regulatory restrictions.
Washington State Operations of Maverick Gaming Casinos
House-banked Card Rooms
House-banked card rooms are a distinctive feature of Washington's gaming landscape. Unlike traditional casinos, these card rooms are non-tribal and are licensed and regulated by the state government. Maverick Gaming is one of the largest operators of house-banked card rooms in Washington, with 22 properties primarily located in the Seattle area. These card rooms offer a limited selection of games, such as baccarat, poker, and variations of blackjack, and are subject to strict regulatory oversight.
Competition with Tribal Casinos
Maverick Gaming faces significant competition from tribal casinos in Washington. Under current law, sports wagering is legal for Washington Tribes but not yet available in commercial cardrooms like Maverick's. This regulatory disparity has led to challenges for Maverick, as tribal casinos can offer a broader range of gaming options. The company has been vocal about what it perceives as a discriminatory tribal gaming monopoly, leading to legal challenges and ongoing debates about the fairness of the gaming market in Washington.
Nevada Casinos Owned by Maverick Gaming
Properties and Amenities
Maverick Gaming owns five casinos in rural Nevada, including the Wendover Nugget and Red Garter casinos in West Wendover, and three properties in Elko. These locations offer a full suite of gaming options, lodging, and dining amenities, catering to both local and regional markets. The company has invested heavily in upgrading the physical infrastructure and rebranding these properties to enhance the guest experience.
Impact of Bankruptcy on Operations
The Chapter 11 bankruptcy filing has had a notable impact on Maverick's Nevada operations. While the company continues to operate its casino hotels, the financial restructuring process has led to operational adjustments and a focus on stabilizing its business. The bankruptcy has also prompted a review of the company's long-term strategy, with an emphasis on improving efficiency and enhancing the guest experience.
Colorado Casino Operations of Maverick Gaming
Overview of Colorado Properties
Maverick Gaming operates three casinos in the historic mining towns of Black Hawk and Central City, Colorado. These smaller-scale casinos are situated in gaming communities outside of Denver and primarily cater to day-trip gamblers from the city. The properties include the Dragon Tiger and Grand Z Casino in Central City, and the Z Casino in Black Hawk.
Market Positioning for Day-Trip Gamblers
Maverick's Colorado casinos are strategically positioned to attract both tourists and local gamblers. The historic mining towns of Black Hawk and Central City offer a unique blend of gaming and tourism, with the casinos serving as a key attraction for visitors seeking a day-trip experience. The company's focus on providing a high-quality gaming experience and a range of amenities has helped to establish a strong market presence in these communities.
Conclusion
Maverick Gaming casinos have established themselves as a significant force in the U.S. gaming market, with a diverse portfolio of properties across Washington, Nevada, and Colorado. The company's rapid growth, driven by strategic acquisitions and a focus on operational excellence, has positioned it as a major player in the industry. Despite recent challenges, including the Chapter 11 bankruptcy filing, Maverick continues to operate its properties and remains committed to providing a high-quality gaming experience. The significance of their operations and the challenges they face highlight the dynamic nature of the casino industry, with maverick gaming casinos playing a crucial role in shaping the future of gaming in the United States.
Our Partners in Gaming Excellence
Collaboration with top industry organizations ensures that Maverick Gaming maintains exceptional standards and services.
LCB
GamCare
Gambling Therapy
WCD News
Latest Insights and Updates
Maverick Gaming's Expansion in Elko
Explore how Maverick Gaming is enhancing its casino operations in Elko, Nevada, focusing on guest experience and service quality.
- Operational strategies for guest satisfaction
- Investment in infrastructure improvement
- Community engagement and local markets
- Rebranding initiatives for better market reach
Central City Casinos Target Day-Trippers
Maverick Gaming's strategy to attract day-trip gamblers through high-quality gaming and unique local experiences.
- Strategic location for Denver tourists
- Emphasis on quality gaming facilities
- Blending tourism with casino visits
- Enhancing community ties through gaming
Casino Industry News
Latest developments in the gaming world
Washington State Gaming Lawsuit Dismissed
2024-07-09
Maverick Gaming's legal challenge against Washington’s tribal gaming monopoly was dismissed, affecting strategic decisions.
Maverick Gaming Files for Bankruptcy Protection
2025-07-14
Faced with financial restructuring, Maverick Gaming filed for Chapter 11, focusing on debt relief and operational stabilization.
Colorado Casinos Resilient Amid Challenges
2025-05-22
Despite industry pressures, Maverick Gaming's Colorado operations continue to thrive through targeted strategies and community focus.