Ottawa Tribe of Oklahoma
How we got $18.1M
Based on its 96 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
High Winds Casino, located just east of Miami, Oklahoma near Grand Lake, offers casino gaming, dining, weekly promotions and entertainment for guests from northeast Oklahoma and the Four States area.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| OTTAWA TRIBE OF OKLAHOMA this business | $26.5M | — |
| High Winds Casino Miami | $23.4M | 0.1 mi |
| BUFFALO RUN CASINO & RESORT Miami · 227 employees | $86.8M | 3.5 mi |
| Peoria Gaming Commission Miami | $23.4M | 3.8 mi |
| Miami Tribe Entertainment & Gaming Miami | $23.4M | 3.9 mi |
| Prairie Moon Casino Miami | $23.4M | 3.9 mi |
| THE STABLES CASINO Miami · 191 employees | $53.6M | 5.0 mi |
The full calculation
| Employees reported to the SBA | 96 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $22.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.0M |
| Estimate: the two combined (geometric mean) | $26.5M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $3.6M |
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 | $18.1M |
| Multiple for this size and industry | 5× |
| Value range | $9.5M – $24.7M |
| Revenue range | $17.4M – $30.2M |
| EBITDA range | $2.4M – $4.1M |
| 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
“Since 2016, guests from northeast Oklahoma and throughout the Four States have made Friday nights at High Winds Casino part of their routine.”
Advisors
- BankingSecurity Bank and Trust CompanyPPP / 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
| Security Bank and Trust Company PPP 2020 | All 36 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $588K | 96 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ottawa Tribe of Oklahoma
Ottawa Tribe of Oklahoma is a casinos (except casino hotels) company in Miami, Oklahoma, in business since 2006. Its estimated annual revenue is about $26.5M, with roughly $3.6M of EBITDA. It has about 96 employees. Its estimated business value is $18.1M (likely range $9.5M–$24.7M).
Common questions
- Who owns Ottawa Tribe of Oklahoma?
- The owner of Ottawa Tribe of Oklahoma 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 Ottawa Tribe of Oklahoma make?
- SeeBITDA estimates Ottawa Tribe of Oklahoma's annual revenue at about $26.5M (likely between $17.4M and $30.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ottawa Tribe of Oklahoma worth?
- About $18.1M, roughly 5× its estimated EBITDA of $3.6M, typical for a casinos (except casino hotels) company its size. Likely range: $9.5M–$24.7M.
- How many employees does Ottawa Tribe of Oklahoma have?
- About 96, as reported on its PPP loan.
- When was Ottawa Tribe of Oklahoma founded?
- Ottawa Tribe of Oklahoma has been in business since 2006.