Maverick Gaming Purchases Shares and Assets of Great American Gaming Corporation

Maverick Gaming LLC has purchased all the shares and assets of Great American Gaming Corporation. The purchase price was $56 million dollars. The assets include three cardrooms located in Everett, Tukwila and Lakewood. The transaction includes 45 table games, four restaurants, three bars and supporting amenities.

“With the closing of this purchase, Maverick’s footprint in Washington continues to grow. We now have twelve properties, nearly 180 table games in this important market,” Eric Persson, the majority owner of Maverick Gaming said.

“In the next month we expect to give details on seven more Washington properties, and we look forward to competing in this robust market. With 4.6 million residents, and a strong local economy, we couldn’t be more excited to close this transaction,” Tim Merrill, President of Maverick Washington said.

“As a Washington native, and a member of the Shoalwater Tribe, I couldn’t be prouder to be able to come back home. When all of our contemplated Washington transactions close we will provide over 3,000 jobs which have annual compensation above $75,000 and pay over $40 million in annual taxes. This is truly a dream come true,” Persson said.