Maverick Gaming OK'd For $62.5M Core Asset Sale In Ch. 11

By Vince Sullivan · November 25, 2025, 5:58 PM EST

Maverick Gaming obtained Texas bankruptcy court approval Tuesday for a $62.5 million sale of its core assets after the secured lenders that are purchasing the business and the debtor's unsecured creditors...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

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

View Full Scorecard

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

Recent Articles By Vince