8 casinos closing with 1,200 jobs likely to disappear

Americans are spending heavily at casinos and sportsbooks, pushing U.S. commercial gaming revenue to record highs.

The industry generated $78.7 billion in 2025, up 9.2% from the previous year, according to the American Gaming Association .

Traditional casino gaming alone brought in about $50.9 billion, up 2.3%.

And this momentum has continued into 2026.

In July, U.S. commercial gaming revenue rose 8.6% from a year earlier, while traditional casino gaming revenue increased 3.1% to $4.48 billion.

But one Washington casino operator is moving sharply in the opposite direction.

Maverick Washington LLC, an affiliate of RunItOneTime LLC, is moving through another round of planned casino closures as the Chapter 11 restructuring continues.

The company recently filed new Worker Adjustment and Retraining Notification (WARN) notices, noting the permanent closure of 8 casinos.

The closures will affect approximately 850 employees whose terminations are expected on Nov. 30.

Combined with earlier WARN filings so far this year, the company has now issued notices covering approximately 1,276 employees across 13 casino locations.

In its bankruptcy filings, the company pointed to competition from tribal casinos, restrictions on the games commercial card rooms can offer, rising labor costs, and a heavy debt burden.

Chief Restructuring Officer Jeff Seery said Washington card rooms cannot offer games such as slot machines, roulette, craps, or sports betting in the same way tribal casinos can, making tribal properties more attractive to some customers.

Those pressures contributed to a sharp deterioration in Maverick's financial performance.

EBITDA fell from $52.1 million in 2021 to $18.5 million in 2022 and $16.5 million in 2023, according to the bankruptcy declaration.

Maverick casino closures and job cuts so far in 2026

The latest round covers eight casinos and approximately 850 employees, bringing the total number of workers covered by Maverick Washington WARN notices this year to 1,276 across 13 locations.

Here is a complete list of Casino closures and resulting layoffs this year: