Newcastle Casino
How we got $16.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Newcastle Casino is a casino in Newcastle, Oklahoma offering electronic and table games, off-track betting, dining, and a player rewards program.
From the company's website. Industry: Gambling Industries.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Newcastle Casino this business | $23.7M | — |
| NGC SPIRITS LLC Norman · 79 employees | $18.3M | 7.0 mi |
| Global Gaming Solution Norman | $23.7M | 7.1 mi |
| I-35 Bingo Moore | $794K | 7.4 mi |
| Oklahoma Casinos & Entertainment Norman | $23.7M | 7.4 mi |
| CONCISE GAMING, LLC Norman · 7 employees | $2.5M | 7.5 mi |
| M3 TECHNOLOGY SOLUTIONS, LLC Norman · 20 employees | $6.7M | 8.2 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 | $16.1M |
| 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 Newcastle Casino
Newcastle Casino is a gambling industries company in Newcastle, Oklahoma, in business since 2003. 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 Newcastle Casino?
- The owner of Newcastle 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 Newcastle Casino make?
- SeeBITDA estimates Newcastle 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 Newcastle 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.
- When was Newcastle Casino founded?
- Newcastle Casino has been in business since 2003.