Lucky Star Casino
How we got $16.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Lucky Star Casino this business | $23.7M | — |
| Lakeview Recreation Area Custer County | $793K | 8.2 mi |
| Copper Cove Marina Custer County | $793K | 11.7 mi |
| AERIAL BOUND - TUMBLE & CHEER, LLC Elk City · 7 employees | $2.4M | 14.7 mi |
| The Country Palace Elk City | $1.5M | 15.0 mi |
| Honor Arms LLC Elk City | $793K | 15.0 mi |
| ELK CITY CHAMBER OF COMMERCE Elk City · 3 employees | $536K | 16.0 mi |
The full calculation
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 | $16.1M |
| Multiple for this size and industry | 5× |
| Value range | $3.5M – $29.9M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Gambling Industries businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.
| Revenue range | $6.5M – $36.6M |
| EBITDA range | $880K – $5.0M |
| Industry (NAICS) | Gambling Industries (7132) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lucky Star Casino
Lucky Star Casino is a gambling industries company in Butler, Oklahoma. It is owned by Charlie Welbourne (CEO). Its estimated annual revenue is about $23.7M, with roughly $3.2M of EBITDA. Its estimated business value is $16.1M (likely range $3.5M–$29.9M).
Common questions
- Who owns Lucky Star Casino?
- Lucky Star Casino is owned by Charlie Welbourne (CEO), according to public sources such as the company's website or filings.
- How much revenue does Lucky Star Casino make?
- SeeBITDA estimates Lucky Star Casino's annual revenue at about $23.7M (likely between $6.5M and $36.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lucky Star Casino worth?
- About $16.1M, roughly 5× its estimated EBITDA of $3.2M, typical for a gambling industries company its size. Likely range: $3.5M–$29.9M.