Maverick to Shut 8 Washington Casinos, 850 Jobs at Risk

ยท
Listen to this article~3 min
Maverick to Shut 8 Washington Casinos, 850 Jobs at Risk

Maverick Washington LLC will close eight casinos on November 30, risking 850 jobs as its parent company restructures under Chapter 11 bankruptcy. The affected casinos include locations in Everett, Lakewood, Silverdale, Yakima, Pasco, and Kennewick.

Maverick Washington LLC just dropped some heavy news. The company plans to close eight casinos across Washington on November 30, putting 850 jobs on the line. This comes as its parent company works through Chapter 11 bankruptcy protection. So, which spots are affected? Here's the list: - Great American Casino in Everett - Chip's Casino in Lakewood - Macau Casino in Lakewood - Palace Casino in Lakewood - All Star Casino in Silverdale - Casino Caribbean in Yakima - Crazy Moose Casino in Pasco - Coyote Bob's Casino in Kennewick That's a lot of local gaming spots shutting down. Maverick filed separate Worker Adjustment and Retraining Notification (WARN) notices with the Washington Employment Security Department. These notices are required when a company plans mass layoffs or closures. ### What This Means for Employees If you work at one of these casinos, you're probably feeling a mix of emotions. The WARN notices give you some time to prepare, but it's still a tough pill to swallow. The company hasn't said whether there will be severance packages or help finding new jobs. But with 850 positions cut, it's a significant blow to these communities. ### The Bigger Picture Maverick's parent company is in the middle of Chapter 11 bankruptcy. That's a type of bankruptcy that lets a business keep operating while it tries to pay off debts. Closing these casinos might be part of a larger plan to cut costs and stay afloat. But it's not just about the company. These casinos are part of the local economy. They bring in customers, support nearby businesses, and provide jobs. When they close, the ripple effect can be felt far beyond the casino floor. ### What's Next? For now, the closures are set for November 30. Unless something changes, that's the date. Employees are left wondering what comes next. Some might find jobs at other casinos, but with eight closing at once, the market could get tight. As a quote from a local worker put it: "It's not just a job. It's my family's livelihood." We'll keep an eye on this story as it develops. In the meantime, if you're affected, know that you're not alone. There are resources out there to help, from unemployment benefits to job training programs. This is a tough time for everyone involved. But hopefully, with some support, people can land on their feet.