September 7th, 2021

Kirkland, WA –(Marketwire – Sept 7th, 2021) – Maverick Gaming announced today that it has refinanced into a new $310 million term loan B and a $55 million revolving credit facility led by Deutsche Bank, Credit Suisse, Jefferies Group and US Bank. With this refinancing, Maverick Gaming has retired all outstanding debt held by HG Vora.

“This is an important milestone for Maverick Gaming as we have successfully filled our first public debt offering.  HG Vora has been instrumental in Maverick Gaming’s growth and success, and we are pleased they chose to participate in our debt offering along with Angelo Gordon as well as a number of highly respected financial institutions” said Maverick Gaming CEO.  “Refinancing will allow Maverick to quickly de-lever and pursue strategic opportunities – particularly in Washington when they arise.”

As part of this transaction Maverick Gaming executed a sale of the land under The Wendover Nugget Hotel and Casino, The Red Garter Hotel and Casino, Grand Z Casino Hotel Central City and Johnny Z Casino Central City to Angelo Gordon.

ABOUT MAVERICK GAMING LLC

Maverick Gaming is located in Kirkland, Washington and currently owns four casino and hotels in Nevada, three casinos and one hotel in Colorado and nineteen card rooms in Washington.