Eric Persson Net Worth

Eric Persson is a well-known American businessperson who helped create and currently runs Maverick Gaming. He became famous for participating in a televised poker game where he won one of the biggest sums ever seen on American television. Eric Persson’s net worth is around $500 Million USD.

Furthermore, Persson is recognized for possessing and supervising Maverick Gaming’s casinos in Nevada, Colorado, and Washington. He established and leads the worldwide technology firm, Epicenter, and also founded the charitable organization, We Are Epicenter.

What is Eric Persson’s net worth?

Early Life

Eric Persson was born in Hoquiam, Washington, United States between 1957 to 1976. Her parent’s names are not revealed yet. There is limited information available about her family and siblings. His ethnicity/descent is White. 

For his higher education, Eric enrolled at the University of Nevada, Las Vegas, where he pursued a diverse array of subjects including Sociology, Criminal Justice, Psychology, Political Science and Government, and Communications. 

In 1998, he successfully obtained a Bachelor of Arts degree. Subsequently, he furthered his studies at the Georgetown University Law Center, culminating in the acquisition of a Juris Doctor degree in 2001. Persson maintains that he self-financed his undergraduate and professional education through earnings garnered from his poker endeavors. 

Career

After completing his Law education, Persson embarked on his professional journey in the gaming industry, commencing at a casino in Topeka, KS. Through dedication and expertise, he progressively ascended to senior positions, first at a casino in Wheeling, WV, and ultimately in the vibrant hub of gaming, Las Vegas.

Before founding Maverick Gaming, Persson held the esteemed position of Senior Vice President at Las Vegas Sands Corporation and also served as President and COO of Azure Gaming. He attributes much of his success to the invaluable lessons imparted by five influential billionaires he had the privilege to work with: Sheldon Adelson, Michael Gaughan, Kazuo Okada, Jeremy Jacobs, and Jeffrey Gural. 

Reflecting on their impact, Persson remarked in a 2019 interview, “All of these men are driven, can imagine the reality they want and then make that imagination real. None of them stood on the sidelines of life and watched it pass by. I won’t either.”

In December 2017, Persson, along with his business partner Justin Beltram, inaugurated Maverick Gaming with the acquisition of their first casinos: the Red Garter Hotel and Casino, and the Wendover Nugget Hotel and Casino, both located in West Wendover, NV. This strategic move represented an initial investment of $43 million. 

Since then, Maverick has consistently expanded its portfolio, focusing on acquiring small to medium-sized casinos with an EBITDA range of $2-$30 million. Most notably, in December 2022, the company invested $80.5 million in acquiring four card rooms in Washington state, bringing the total count of gaming properties to 31 across Nevada, Colorado, and Washington as of April 2023.

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Breakthrough 

Eric Persson’s career breakthrough in poker came in 2008 when he started live-streaming his cash game sessions on Twitch. At that time, he was playing high-stakes No Limit Hold’em games at the Bellagio in Las Vegas. His streams quickly gained popularity, propelling him to the top ranks of the world’s best cash game players.

His Twitch success led to invitations to popular poker shows like High Stakes Poker and Poker After Dark. This, in turn, led him to even higher stakes games. In 2010, he won over $1 million in a single day playing at the Bellagio.

In 2011, Persson launched his poker training platform, Run It Once. The site offers a range of resources including videos, articles, and coaching, and quickly became one of the most sought-after training platforms worldwide.

Persson continues to play high-stakes cash games and has also established himself as a successful entrepreneur. He owns several poker companies, including Run It Once, PokerStars School, and Upswing Poker.

Aside from his poker accomplishments, Persson is also a qualified lawyer. He graduated from Georgetown University Law Center in 2001 and practiced law for several years before becoming a full-time poker player.

Persson’s rise in the poker world is a testament to his skill, dedication, and business savvy. He’s an inspiration to many poker enthusiasts and continues to be a dominant figure in the poker scene.

Personal Life

Persson has been married twice and has four kids. His current wife is Ann Chung, and they tied the knot in 2007. They, along with their sons, reside in the Las Vegas area. He also has two daughters from a previous marriage who live in Miami. His sons are named Maverick and Ace.

Persson’s first daughter is named Anjekique Persson, born on December 18, 2001. She went to Bishop Gorman High School and now lives in Nevada. His second daughter is named Angelina Faythe.

Career Highlights 

• Eric Persson is the co-founder and CEO of Maverick Gaming, a flourishing enterprise that owns and operates more than 30 casinos across Nevada, Colorado, and Washington.
• Before Maverick Gaming, he held the position of Senior Vice President at the renowned Las Vegas Sands Corporation.
• Persson’s distinguished career also encompasses being the former President and COO of Aruze Gaming, showcasing his remarkable leadership and expertise in the industry.
• He is the visionary behind Run It Once, a globally acclaimed poker training website offering a rich array of resources, including videos, articles, and coaching, becoming an invaluable resource for aspiring poker players worldwide. 

Eric Persson Net worth 

Eric Persson’s net worth is over $500 million USD, earned through his business ventures and smart investments. Reportedly, Persson owns a couple of Dragon Tiger Noodle Co. stores in Las Vegas and an impressive 40 independent restaurants. He foresees his business being valued at more than $5 billion shortly.