Maverick Gaming OK To Sell Colo. Casino For $25.5M In Ch. 11

By Alex Wittenberg · November 13, 2025, 4:57 PM EST

A Texas bankruptcy judge on Thursday approved casino operator Maverick Gaming's sales of a casino in Colorado for $25.5 million and card rooms in Washington state, months after the company received...

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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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Case Information

Case Title

RunItOneTime LLC

Case Number

4:25-bk-90191

Court

Texas Southern

Nature of Suit

Date Filed

July 14, 2025