SeeBITDAOklahoma

Kaw Gaming Inc.

Casinos (except Casino Hotels)
  • 5640 N. LA CANN RD, Newkirk, OK
Estimated valueMedium confidence
$42.3M
$22.3Mlikely range$57.9M
About 5.9× its yearly profit, typical for a company this size in its industry.
Revenue
$52.7M
a year
Profit (EBITDA)
$7.2M
14% of revenue
Employees
156
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $42.3M

Based on its 156 employees and its payroll, both reported for PPP in 2020 and brought up to date.

156 employees × $311K each$48.5M
PPP payroll ÷ payroll's usual share of revenue$44.0M
Shown toward the top of its range×1.14
Revenue$52.7M
× 14% profit margin$7.2M
× 5.9 sale multiple = value$42.3M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▼ 3% since 2020
$0$25.2M$50.4M20202026

Today'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

BusinessEst. revenueEst. profitDistance
KAW GAMING INC.
this business
$52.7M$7.2M—
Kaw Southwind Casino Newkirk
Newkirk
$23.4M$3.2M0.1 mi
NATIVE LIGHTS CASINO
Newkirk · 92 employees
$27.6M$3.8M6.7 mi
7 Clans Casinos & Resort Careers
Newkirk
$23.4M$3.2M7.3 mi
Southwind Casino
Kaw City
$23.4M$3.2M12.0 mi
Osage Casino Hotel - Ponca City
Ponca City
$70.3M$9.6M13.5 mi
Darrens BlackJack Blast Ponca City
Ponca City
$23.4M$3.2M13.6 mi

The full calculation

Employees reported to the SBA156
Revenue from headcount (employees × revenue per employee for companies this size)$48.5M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$44.0M
Estimate: the two combined (geometric mean)$52.7M
EBITDA margin (industry, adjusted for size)14%
EBITDA = revenue × margin$7.2M

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$42.3M
Multiple for this size and industry5.9×
Value range$22.3M – $57.9M
Revenue range$34.7M – $60.1M
EBITDA range$4.7M – $8.2M
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

  • BankingCommunity National Bank & TrustPPP / 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

Community National Bank & Trust
PPP 2020, PPP 2021
All 49 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/29/2020first$995K$1.0M156Community National Bank & Trust
4/7/2021second$1.3M$1.3M143Community National Bank & Trust

About Kaw Gaming Inc.

Kaw Gaming Inc. is a casinos (except casino hotels) company in Newkirk, Oklahoma. Its estimated annual revenue is about $52.7M, with roughly $7.2M of EBITDA. It has about 156 employees. Its estimated business value is $42.3M (likely range $22.3M–$57.9M).

Common questions

Who owns Kaw Gaming Inc.?
The owner of Kaw Gaming Inc. 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 Kaw Gaming Inc. make?
SeeBITDA estimates Kaw Gaming Inc.'s annual revenue at about $52.7M (likely between $34.7M and $60.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Kaw Gaming Inc. worth?
About $42.3M, roughly 5.9× its estimated EBITDA of $7.2M, typical for a casinos (except casino hotels) company its size. Likely range: $22.3M–$57.9M.
How many employees does Kaw Gaming Inc. have?
About 156, as reported on its PPP loan.