Golden Pony Casino
How we got $15.6M
Based on its 71 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 21 years (since 2005)
- Headcount down 65% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Golden Pony Casino is a casino in Okemah, OK that offers gaming, promotions and a Gold Club player rewards card to its patrons.
From the company's website. Industry: Casinos (except Casino Hotels).
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.
Employees over time
▼ 61% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 71 | $18.7M |
| 2023 | Form 5500 | 79 | $20.8M |
| 2024 | Form 5500 | 75 | $19.7M |
| 2025 | Form 5500 | 28 | $7.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GOLDEN PONY CASINO this business | $23.0M | — |
| Okemah Casino Okemah | $23.4M | 5.9 mi |
| Creek Nation Casino Okemah | $23.4M | 5.9 mi |
| One Fire Casino Okmulgee | $23.4M | 19.7 mi |
| Creek Nation Casino Okmulgee | $23.4M | 19.7 mi |
| Creek Nation Casino Holdenville Holdenville | $23.4M | 25.9 mi |
| Wewoka Trading Post Casino Wewoka | $23.4M | 26.4 mi |
The full calculation
| Employees reported to the SBA | 71 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.4M |
| Estimate: the two combined (geometric mean) | $23.0M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $3.1M |
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 | $15.6M |
| Multiple for this size and industry | 5× |
| Value range | $8.2M – $21.4M |
| Revenue range | $15.1M – $26.2M |
| EBITDA range | $2.1M – $3.6M |
| 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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $598K | 71 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Golden Pony Casino
Golden Pony Casino is a casinos (except casino hotels) company in Okemah, Oklahoma, in business since 2005. Its estimated annual revenue is about $23.0M, with roughly $3.1M of EBITDA. It has about 28 employees. Its estimated business value is $15.6M (likely range $8.2M–$21.4M).
Common questions
- Who owns Golden Pony Casino?
- The owner of Golden Pony Casino 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 Golden Pony Casino make?
- SeeBITDA estimates Golden Pony Casino's annual revenue at about $23.0M (likely between $15.1M and $26.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Golden Pony Casino worth?
- About $15.6M, roughly 5× its estimated EBITDA of $3.1M, typical for a casinos (except casino hotels) company its size. Likely range: $8.2M–$21.4M.
- How many employees does Golden Pony Casino have?
- About 28, from its 2025 retirement-plan filing.
- When was Golden Pony Casino founded?
- Golden Pony Casino has been in business since 2005.