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Gambling Co. Hits Ch. 11 In Texas With More Than $100M Debt

By Ben Zigterman · July 14, 2025, 3:14 PM EDT

Maverick Gaming LLC, which operates casinos and hotels in Nevada, Colorado and Washington, filed for bankruptcy relief Monday in Texas with more than $100 million in liabilities and a $22.5 million...

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Bankruptcy Scorecard

Summary

Maverick filed for Chapter 11 bankruptcy protection owing $305 million on a secured term loan secured by all of its assets and saying it struggled to bounce back from the pandemic and survive in a crowded market.

Case Number

4:25-bk-90191

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

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Documents

Petition