First Council Casino - Perry
How we got $120.6M
Based on its 378 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 3% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIRST COUNCIL CASINO - PERRY this business | $148.6M | — |
| OTOE MISSOURIA DEVELOPMENT AUTHORITY Red Rock · 119 employees | $43.8M | 0.0 mi |
| 7 Clans Gasino Red Rock | $23.4M | 1.0 mi |
| Darrens BlackJack Blast Ponca City Ponca City | $23.4M | 12.7 mi |
| Osage Casino Hotel - Ponca City Ponca City | $70.3M | 12.7 mi |
| Fancy Dance Casino Perry | $23.4M | 15.8 mi |
| TONKAWA CASINO Tonkawa · 3 employees | $1.5M | 15.9 mi |
The full calculation
| Employees reported to the SBA | 378 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $117.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $144.5M |
| Estimate: the two combined (geometric mean) | $148.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $17.7M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $120.6M |
| Multiple for this size and industry | 6.8× |
| Value range | $63.4M – $164.9M |
| Revenue range | $97.7M – $169.4M |
| EBITDA range | $11.7M – $20.2M |
| Industry (NAICS) | Casinos (except Casino Hotels) (713210) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingEquity BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Equity Bank PPP 2020 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $3.3M | 378 |
About First Council Casino - Perry
First Council Casino - Perry is a casinos (except casino hotels) company in Red Rock, Oklahoma. Its estimated annual revenue is about $148.6M, with roughly $17.7M of EBITDA. It has about 378 employees. Its estimated business value is $120.6M (likely range $63.4M–$164.9M).
Common questions
- Who owns First Council Casino - Perry?
- The owner of First Council Casino - Perry isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does First Council Casino - Perry make?
- SeeBITDA estimates First Council Casino - Perry's annual revenue at about $148.6M (likely between $97.7M and $169.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Council Casino - Perry worth?
- About $120.6M, roughly 6.8× its estimated EBITDA of $17.7M, typical for a casinos (except casino hotels) company its size. Likely range: $63.4M–$164.9M.
- How many employees does First Council Casino - Perry have?
- About 378, as reported on its PPP loan.