Chapter filings usually are not a typical incidence amongst Las Vegas Strip casinos and companies.
The final vital chapter on the Strip was over 10 years in the past in January 2015 when Caesars Leisure, then-owned by Apollo International Administration and TPG Capital, filed for Chapter 11 to get rid of about $16 billion in debt.
Some smaller casinos off the Strip or outdoors of Vegas, nonetheless, have filed for chapter safety within the final 10 years.
Chinese language-themed Fortunate Dragon On line casino, which opened in Las Vegas in 2016, filed for chapter and closed down in 2018.
Maverick Gaming filed for chapter in July 2025
Las Vegas-based privately held on line casino operator Maverick Gaming LLC filed for Chapter 11 chapter on July 14, 2025, a month after S&P International Scores withdrew all of its rankings on the corporate.
Maverick Gaming owned 4 Northern Nevada casinos positioned in Elko and Wendover, Nev., 17 cardrooms in Washington state, and three casinos in Colorado when it filed for chapter. Its on line casino holdings included 2,500 slot machines, 320 desk video games, 1,200 lodge rooms, and 30 eating places.
Whereas no casinos on the Strip have filed for chapter in a few years, a enterprise positioned in a on line casino resort venue has filed a Chapter 11 petition.
Electrical Playhouse at The Discussion board Retailers at Caesars Palace Las Vegas filed for chapter safety.
Picture supply: The Colosseum at Caesars Palace
Electrical Playhouse information for chapter safety
Electrical Playhouse, the Las Vegas Strip’s distinctive grownup interactive social gaming venue, filed for Chapter 11 chapter safety to reorganize its enterprise.
The Albuquerque-based mum or dad firm filed its petition within the U.S. Chapter Courtroom for the District of Nevada on Oct. 20, itemizing $1 million to $10 million in property and liabilities, in response to RK Consultants.
Electrical Playhouse NV LLC didn’t state a motive for submitting for chapter in its petition.
The high-tech leisure venue opened its first interactive location in Albuquerque in 2021.
Venue gives motion-activated video games and experiences
The ten,000 square-foot entertanment venue opened inside The Discussion board Retailers at Caesars Palace Las Vegas on the Terrace Stage on the Strip on June 22, 2024, providing dozens of motion-activated video games and experiences, the place gamers’ our bodies turn out to be the sport controllers, with out the necessity of headsets and devices.
Electrical Playhouse, which isn’t owned by Caesars Leisure, Vici Properties or The Discussion board Retailers proprietor Simon Property Group, doesn’t provide any playing contained in the venue.
The venue is provided with a community of sensors that generate a real-time level cloud, enabling exact monitoring of people and enormous teams all through the power, in accordance a press release on the Electrical Playhouse web site.
Interactive expertise consists of bar and restaurant
The volumetric information is used to create a digital twin of every visitor, much like a participant inside a online game. As company transfer, the partitions, flooring and tables react to their actions in a wide range of methods, enhanced by 360-degree projection mapping that totally immerses company in interactive video games and eating experiences.
The venue additionally has an out of doors patio with views of the Strip and a bar and restaurant, Electrical Elixirs, which gives a eating menu, together with hen wings and tenders, wraps, salads, bowls, both private pizza or slices, and pastries or Dubai chocolate bar for dessert.
Electrical Elixirs’ menu objects
- Rooster wings and tenders
- Wraps
- Salads
- Bowls
- Private pizza
- Pizza Slices
- Pastries
- Dubai chocolate bar
The venue additionally gives immersive eating experiences, resembling Teatime in Wonderland, that includes a menu by superstar chef Keris Kuwana on Oct. 24 for $150 for every diner, in response to its web site.
Extra chapter:
- 34-year-old informal eating chain information for Chapter 11 chapter
- Main seafood firm information for Chapter 11 chapter
- 55-year-old girls’s vogue firm information Chapter 11 chapter
“In a world where passively sitting in front of screens with video games, smartphones, VR and TV is all too common, Electric Playhouse provides an active, social and energetic entertainment alternative,” Electrical Playhouse CEO and co-founder Brandon Garrett mentioned in a press release when the venue opened.
“Our goal is to re-energize the way people of all ages interact with technology by inviting them into an experiential world where they can connect, play and create lasting memories together,” Garrett mentioned.
Electrical Playhouse immersive eating expertise
- Teatime in Wonderland, Oct. 24
- Menu by superstar chef Keris Kuwana
- Group of 10, $150 every individual
Associated: Main insurance coverage service collapses and information Chapter 15 chapter
