Grand Lake Casino
How we got $16.0M
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
Grand Lake Casino offers 45,000 square feet of gaming and live entertainment, located about eight miles north of Grove, Oklahoma, on Highway 10, and is open 24 hours.
From the company's website. Industry: Gambling Industries.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Grand Lake Casino this business | $23.4M | — |
| Cherokee Casino Grove Grove | $23.4M | 6.2 mi |
| WYANDOTTE NATION CASINO Wyandotte · 226 employees | $74.9M | 10.1 mi |
| River Bend Casino And Hotel Wyandotte | $23.4M | 10.1 mi |
| Lucky Turtle Casino Wyandotte | $23.4M | 10.1 mi |
| Indigo Sky Casino Wyandotte | $23.4M | 15.1 mi |
| Outpost Casino Wyandotte | $23.4M | 15.2 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 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 | $6.3M – $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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Grand Lake Casino
Grand Lake Casino is a gambling industries company in Grove, Oklahoma, in business since 2003. 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 Grand Lake Casino?
- The owner of Grand Lake 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 Grand Lake Casino make?
- SeeBITDA estimates Grand Lake Casino'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 Grand Lake Casino 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 Grand Lake Casino founded?
- Grand Lake Casino has been in business since 2003.