Eric persson moves to buy back bankrupt nevada casinos

The co founder of maverick gaming is working to reacquire two struggling nevada properties and save jobs.

Written by the BettingEdgeHub desk, 9 October 2026

Eric persson is trying to buy back two elko casinos that he previously owned. This move aims to keep the venues open and prevent more than two hundred layoffs. The properties include the maverick casino hotel and the gold country inn and casino.

Buying back from lenders

The poker professional is working with the lenders currently controlling the venues. Persson stated that a transition service agreement is already signed. He expects the transaction to finish within three weeks, helping to remove the assets from chapter eleven bankruptcy quickly.

The overall corporate holding company filed for bankruptcy after facing financial troubles. Persson noted that his current operating company is entirely separate from those bankrupt entities. He also confirmed that he already repurchased the maverick gaming brand name from the lenders.

Saving jobs and past actions

Filing notices had warned that the casinos might close and eliminate nearly two hundred forty positions. Persson used a very similar strategy previously to rescue several cardrooms in washington state. That effort successfully kept those locations open and preserved hundreds of jobs for local workers.

The original business expanded across multiple states before hitting severe monetary issues. Court filings listed substantial liabilities alongside millions in assets during the proceedings. This latest purchase aims to stabilise the nevada footprint and secure the future of the staff members.

What it means for a bet

Corporate restructuring and buyouts can stabilize gambling operators and protect local betting venues.

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