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Author Topic: 8 casino about to permanently close  (Read 468 times)
Joy_learns_crypto (OP)
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Today at 11:04:05 AM
 #1

From this report https://x.com/SEATTLESUBMISS/status/2106130425328660835 8 casino in the Washington area are about to close up next month ending, not really a good story for casino lovers in the Washington area.

The eight casino's that would be affected where listed in the report so you could check to see if your favorite casino(s) as the case may be was or were affected by this.
Several reasons for the permanent close up of these casino were cited.

This is going to take away the fun gamers get from those casinos and also jobs of workers of these casinos.
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Today at 11:46:25 AM
 #2

The owners are battling with Bankrupcy and they have to close to curtail expenses, although I found this clause that might keep the site on or delay it's closure
Quote
"Maverick Washington LLC is currently subject to a bankruptcy proceeding and, as part of that proceeding, there could be a potential change of operator and/or owner for the site," she stated. "If the site is transitioned to a new owner/operator, the above-referenced closure may not occur, or alternatively, the closure could be delayed.
Source

It's painful people would be out of job, but the company cannot help it at this point, they would have to seek employment elsewhere.

BitBakerr1
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Today at 11:51:57 AM
 #3

Sad news for those in that area who use and see the casinos that are affected as best casinos, people will still find other casinos to start using, there are a lot of very good casinos to use.
This are the casinos that I saw on the list and I think I should put it down because most people really don’t like clicking on links.
1. Chip’s Casino - Lakewood
2. Great American Casino - Everett
3. Casino Caribbean - Yakima
4. Palace Casino - Lakewood
5. Crazy Moose Casino - Pasco
6. All Star Casino - Silverdale
7. Coyote Bob’s Casino - Kennewick
8. Macau Casino -  Lakewood

The only casino I have actually seen is Chips casino and I think it was on this forum or on social media i really can’t remember.
They said about 850 workers will be affected and that’s a sad one too.

 
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EluguHcman
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Today at 12:18:54 PM
 #4

The owners are battling with Bankrupcy and they have to close to curtail expenses, although I found this clause that might keep the site on or delay it's closure
Yeah the interpretation points at expenses of the affected casinos which operating costs seems too much unusual and likely, the competitions between foreign individuals owned and native Americans owned casinos is highly too tough for commercial casinos to contend with and gain influence that can cover their expenses and as well make profits as the casino is concerned as a business venture.

Maybe there is a regulatory favourism there in Washington which maybe biased and practicing tribalism.
So the incompetent casinos that can not withstand the expenditures have to shutdown.


Quote
• Chip’s Casino - Lakewood
• Great American Casino - Everett
• Casino Caribbean - Yakima
• Palace Casino - Lakewood
• Crazy Moose Casino - Pasco
• All Star Casino - Silverdale
• Coyote Bob’s Casino - Kennewick
• Macau Casino -  Lakewood
For those that will be lazy to click the link, here are the mentioned casinos affected.
As I also checked, I did not notice any of them being promoted in this platform and perhaps, I have only heard about few of these companies but have not used any of it before.

 
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Sanitough
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Today at 12:29:06 PM
 #5

These are land-based casinos, online casinos surely the reason they loss clients.

And 850 jobs at risk, this is a big loss for the industry.
Seems this is just the beginning, more and more land-based casinos will eventually file bankruptcy in the future.

Online gambling industry is killing them.

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Today at 12:36:21 PM
 #6

This is going to take away the fun gamers get from those casinos and also jobs of workers of these casinos.

There are plenty of online casinos who will be willing to hire those experienced professionals.

Especially since the gamblers will probably migrate to online from those as well - more workforce will be needed.

Offline casinos are rapidly becoming a thing of the past.


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Joy_learns_crypto (OP)
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Today at 12:41:52 PM
 #7

This is going to take away the fun gamers get from those casinos and also jobs of workers of these casinos.

There are plenty of online casinos who will be willing to hire those experienced professionals.

Especially since the gamblers will probably migrate to online from those as well - more workforce will be needed.

Offline casinos are rapidly becoming a thing of the past.
It's not as easy as you make it, there would need to be vacancies before other online casino start employing, there is already some bit of employment issues, so those who would lose their jobs this period may have to fall in line with those who are willing and and doing have any job before now.
And again it's not such a similar role between offline casino workers and online, if you lose your offline role you can't just transcend to online using your offline skills, that's not how it works.
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Today at 12:59:07 PM
 #8

Sad news for those in that area who use and see the casinos that are affected as best casinos, people will still find other casinos to start using, there are a lot of very good casinos to use.
The only casino I have actually seen is Chips casino and I think it was on this forum or on social media i really can’t remember.
They said about 850 workers will be affected and that’s a sad one too.
I think the problem here is much bigger than just gambers having to find another casino. Eight casinos shutting down is already a serious hit to the local market, especially if around 850 employees could lose their jobs.
But for the employees, finding a new job could be much more difficult, especially when several casinos in the same area are closing at the same time.
So personally, I think what happens to those 850 employees is a much more serious part of this story than the question of where the players will go next.


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Today at 01:12:20 PM
 #9

This is going to take away the fun gamers get from those casinos and also jobs of workers of these casinos.

There are plenty of online casinos who will be willing to hire those experienced professionals.

Especially since the gamblers will probably migrate to online from those as well - more workforce will be needed.

Offline casinos are rapidly becoming a thing of the past.
It's not as easy as you make it, there would need to be vacancies before other online casino start employing, there is already some bit of employment issues, so those who would lose their jobs this period may have to fall in line with those who are willing and and doing have any job before now.
And again it's not such a similar role between offline casino workers and online, if you lose your offline role you can't just transcend to online using your offline skills, that's not how it works.
I understand it's tough, but there are currently layoffs all across the world, in all industries.

In cases with casinos, their skills are still pretty much transferable to the online industry. And the main edge is the they don't need to look for a job nearby. Don't need to move either. They can get hired by an online service from any country.

For what it's worth, no job is safe these days. And for most people it's tougher at best they might need to change the city. At worst - the whole specialty.


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Today at 01:39:14 PM
 #10

As I also checked, I did not notice any of them being promoted in this platform and perhaps, I have only heard about few of these companies but have not used any of it before.
The casinos on the OP list are not online crypto casinos, they are all physical gambling houses/land-based casinos operating in the state of Washington, United States such as Palace Casino, Macau Casino, Chip's Casino and others in the future, these casinos are land-based casinos.
So it's normal if you don't find their casino industry platform here, the casino is not an online crypto casino.

I think eight land-based casino industries closed in the United States, I don't think it's a threat especially to those who want to have fun in brick-and-mortar casinos, from List of casinos in the United States, There are hundreds of physical/land-based casinos still operating in Washington state, United States.
Eight land-based casino industries closing permanently may not be a surprise or panic for land-based casino gambling lovers, there are still many physical casino places that are still operating there, losing competition is a normal thing in business.

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Today at 01:49:19 PM
 #11

Of course, if we talk about losses, then some people will lose their jobs. However, the overall situation is as follows: eight casinos will close, but new ones will appear in their place. Now we see a lot of new, "young" (if I may say so) casinos on the Internet. Perhaps online gambling attracts the attention of players, because we have already discussed all the advantages of online casinos more than once. However, I think there are places for fans of traditional gambling establishments where they can readily leave all their capital. I don't think that closing the casino will force real players to completely abandon the game.

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Today at 02:06:36 PM
 #12

The owners are battling with Bankrupcy and they have to close to curtail expenses, although I found this clause that might keep the site on or delay it's closure
Quote
"Maverick Washington LLC is currently subject to a bankruptcy proceeding and, as part of that proceeding, there could be a potential change of operator and/or owner for the site," she stated. "If the site is transitioned to a new owner/operator, the above-referenced closure may not occur, or alternatively, the closure could be delayed.
Source

It's painful people would be out of job, but the company cannot help it at this point, they would have to seek employment elsewhere.
Maybe this is sad news, but at the same time also good news for those who ultimately do not start gambling, especially in the region. I do not understand why this is so sad for some people, because the casinos that will close are casinos that have made a lot of money out of the pockets of gamblers. On the contrary, the saddest thing is seen from the side of the people in the region who are still addicted and now the challenge is how to stop the addiction that has occurred?

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Today at 02:18:11 PM
 #13

I've never been to a casino in Washington, so I don't know exactly what they were like
I had the chance to visit casinos in Las Vegas last year and really enjoyed it, but I've heard that Las Vegas doesn't have the same buzz it used to
The article mentions fierce competition with tribal casinos

I believe online casinos are largely to “blame” for the current decline in visits to physical casinos

For people like me who live in another country, it’s still interesting to visit casinos in the US, for example, but for locals, it might not be as appealing anymore to travel to another city just to gamble
To survive, casinos will have to adapt to today's online environment so they don't become obsolete

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Today at 02:23:35 PM
 #14

These are land-based casinos, online casinos surely the reason they loss clients.

And 850 jobs at risk, this is a big loss for the industry.
Seems this is just the beginning, more and more land-based casinos will eventually file bankruptcy in the future.

Online gambling industry is killing them.
Online gambling is killing them because they refused to up their game or maybe their management were ignorant to moving with the trend. People would always choose convenience over being physically present to gamble. A combination of both would've given people more options and not see them loose so much clients.

I am not sorry for the company, but the 850 people loosing their sources of livelihood Angry, sounds very sad to be out of job just 2 months to the end of the year, some guys might have a very boring Christmas.

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Today at 02:27:39 PM
 #15

Those casino that get closed are only small land based casino. They can't catch up the competition against mega-casino who offer much more attractive games and better vibes to play for the gamblers. So this is not surprising me at all.

As i know Meverick has been so struggled since the covid era, but they can still keep up their business until now due to their debt, yet nothing changed, and they unable to boost their revenue. So closing their service is the best instead of running in the negative book.

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Today at 02:53:05 PM
 #16

This must be a sad news for the gamblers in the Washington area where the eight casinos will shutdown all operations in November 30th but since the affected casinos are offline casinos I don't feel much for the gamblers because they can switch over to crypto online casino to continue their gambling and have fun, the people I feel for are the 850 people that's going to lose their jobs by the ending of next month this will make some of them to struggle unless they are able to find themselves a new job quickly.

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Today at 03:03:57 PM
 #17

These are land-based casinos, online casinos surely the reason they loss clients.

And 850 jobs at risk, this is a big loss for the industry.
Seems this is just the beginning, more and more land-based casinos will eventually file bankruptcy in the future.

Online gambling industry is killing them.
So far the affected casinos are all land based then I very much agree with you that a major reason for their shutdown must be because of the strong competition from online casinos which can be accessed from anywhere, with online casinos you don't have to physically walk into a casino inorder to gamble. I think that eventually it is only the very big physical casinos that would survive and the reason would be because they are very well established, their major clients would be tourists and moneybags who wants to enjoy themselves, most everyday people would prefer the convenience of online casinos to gamble.

I don't worry about these shutdown casinos customers because there are other physical casinos and a lot more online casinos for them to gamble on, it is their employees who depends on what they earn to survive, I hope they find other emoluments soon and move on.

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Today at 03:05:11 PM
 #18

The only casino I have actually seen is Chips casino and I think it was on this forum or on social media i really can’t remember.
They said about 850 workers will be affected and that’s a sad one too.
That's a different Chips casino, the one mentioned in the link is a brick and mortar casino. At first look, I also thought it was the crypto casino that we all knew here, but since they mentioned Washington casinos there's no way it's the same one.

Times are rough for these types of casino, and I wouldn't be surprised if there are more with online casinos and prediction markets becoming the trend.

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Today at 03:12:40 PM
 #19

When I see a big business crumble, I start asking myself how will the workers and eve the owner of the business survive till they get another means of income. It's not funny for you to lose your job because during that period, you will be lacking behind financially.

I believe it's lack of funds that is the cause of the problem in the OP. Land based casinos are more expensive to operate than online casinos.

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Today at 03:13:03 PM
 #20


Quote
• Chip’s Casino - Lakewood
• Great American Casino - Everett
• Casino Caribbean - Yakima
• Palace Casino - Lakewood
• Crazy Moose Casino - Pasco
• All Star Casino - Silverdale
• Coyote Bob’s Casino - Kennewick
• Macau Casino -  Lakewood
For those that will be lazy to click the link, here are the mentioned casinos affected.
As I also checked, I did not notice any of them being promoted in this platform and perhaps, I have only heard about few of these companies but have not used any of it before.
It is always good to read other people’s comments before writing, I have already listed the names of the casinos that was affected there was no reason to list them anymore.
Maybe you didn’t see my comment but it’s actually the second comment in this thread so you should have seen it, well is fine next time try to read people’s comments especially those first set of people that posted, have a nice day.


The only casino I have actually seen is Chips casino and I think it was on this forum or on social media i really can’t remember.
They said about 850 workers will be affected and that’s a sad one too.
That's a different Chips casino, the one mentioned in the link is a brick and mortar casino. At first look, I also thought it was the crypto casino that we all knew here, but since they mentioned Washington casinos there's no way it's the same one.

Times are rough for these types of casino, and I wouldn't be surprised if there are more with online casinos and prediction markets becoming the trend.
Ok I was actually thinking it was the same casino.
Yeah you are right more may still stop operation.

 
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