SeeBITDAOklahoma

Cherokee Casino Will Rogers Downs

Gambling Industries
  • 20900 S 4200 Rd, Claremore, OK
  • Since 1998
  • NAICS 7132
Estimated valueLow confidence
$16.0M
$3.5Mlikely range$29.9M
About 5× its yearly profit, typical for a company this size in its industry.
Revenue
$23.4M
a year
Profit (EBITDA)
$3.2M
14% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $16.0M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical gambling industries business in Oklahoma$23.4M
Revenue$23.4M
× 14% profit margin$3.2M
× 5 sale multiple = value$16.0M

· Own this business? Correct these figures

What we know

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

Signs of a sale Some signs of a sale

  • In business 28 years (since 1998)

From public records and the company's website, not a statement that it's for sale.

What they do

Cherokee Casino Will Rogers Downs is a casino and horse racing track in Claremore, Oklahoma, offering electronic games, live racing, dining, live entertainment and a KOA campground. It serves guests 18 and older.

Products & services
casino gameselectronic gameslive horse racingCollective Kitchen(s)Dog Iron SaloonTurf Club Seasonal & Daily TablesKOA campgroundlive music and special eventsStatus+ Rewards
Service area
Claremore, OKClaremore, OklahomaTulsa
Certifications
American Quarter Horse Association

From the company's website. Industry: Gambling Industries.

Customers & suppliers

Suppliers & brands

  • Monopoly · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Cherokee Casino Will Rogers Downs
this business
$23.4M$3.2M—
BINGO at the Claremore VFW
Claremore
$23.4M$3.2M5.4 mi
2020 Oologah Mustang Round Up Club
Oologah
$23.4M$3.2M13.8 mi
GOLD STRIKE CASINO RESORT, L.L.C
Catoosa
$429.6M$52.6M14.0 mi
Hard Rock Hotel & Casino Tulsa
Catoosa
$23.4M$3.2M16.0 mi
Hardrock in Tulsa
Catoosa
$23.4M$3.2M16.5 mi
Keep More Winnings
Tulsa
$23.4M$3.2M23.2 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$16.0M
Multiple for this size and industry5×
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$6.3M – $36.5M
EBITDA range$863K – $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

History & advisors

Founded 2005

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.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Cherokee Casino Will Rogers Downs

Cherokee Casino Will Rogers Downs is a gambling industries company in Claremore, Oklahoma, in business since 1998. Its estimated annual revenue is about $23.4M, with roughly $3.2M of EBITDA. Its estimated business value is $16.0M (likely range $3.5M–$29.9M).

Common questions

Who owns Cherokee Casino Will Rogers Downs?
The owner of Cherokee Casino Will Rogers Downs 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 Cherokee Casino Will Rogers Downs make?
SeeBITDA estimates Cherokee Casino Will Rogers Downs's annual revenue at about $23.4M (likely between $6.3M and $36.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Cherokee Casino Will Rogers Downs worth?
About $16.0M, roughly 5× its estimated EBITDA of $3.2M, typical for a gambling industries company its size. Likely range: $3.5M–$29.9M.
When was Cherokee Casino Will Rogers Downs founded?
Cherokee Casino Will Rogers Downs has been in business since 1998.