Gambling Biz Gets $8.5M In First-Day Ch. 11 Financing

By Vince Sullivan · July 15, 2025, 6:35 PM EDT

A company that runs casinos and other gambling venues in three states received a Texas bankruptcy judge's permission Tuesday to make an initial draw of $8.5 million from a Chapter 11...

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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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Related Sections

Case Information

Case Title

RunItOneTime LLC

Case Number

4:25-bk-90191

Court

Texas Southern

Nature of Suit

Date Filed

July 14, 2025

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