Saratoga Casino Hotel

What Saratoga Casino Hotel does

Saratoga Casino Hotel is a multi-property regional gaming and hospitality operator headquartered in Saratoga Springs, New York, founded in 1941 and operated by Saratoga Casino Holdings LLC, a third-generation family-run business under CEO Sam Gerrity. The flagship property combines a casino floor with over 1,200 slot machines, video poker, keno, and electronic table games, a Four-Diamond AAA-rated hotel with multiple suite categories, five dining venues including Morton's The Steakhouse, live harness racing with simulcast wagering, and over 6,000 square feet of meeting and event space. The company operates additional properties in Colorado (Saratoga Casino Black Hawk) and Mississippi (Magnolia Bluffs Casino Hotel, with its non-core hotel divested in March 2026), and is developing the $120 million Happy Valley Casino in State College, Pennsylvania in partnership with SC Gaming, expected to open in April 2026 as the state's 18th casino.

The business operates on a transactional revenue model anchored by casino gaming take rates, hotel accommodations sold via direct and online channels, food and beverage transactions, harness racing wagering (including through the proprietary SaratogaBets platform), entertainment and event rentals, and VIP gaming services. Core technology infrastructure is built on Konami's SYNKROS casino management system for player tracking and floor management, with the SaratogaBets mobile and self-service platform handling horse racing wagering. The company serves a broad consumer base of casino gaming enthusiasts, hotel guests and tourists, dining patrons, harness racing fans, and corporate event clients, supported by the multi-tier Saratoga Club loyalty program. Go-to-market is primarily direct-to-consumer through on-property engagement across the integrated resort experience, with no identified institutional investors or public market exposure.

Name

Saratoga Casino Hotel

Legal name

Saratoga Casino Holdings, LLC

Website

https://saratogacasino.com

Company type

Private

Founded year

1941

Operating status

Operating

Headcount range

251–500 employees

Short description

Saratoga Casino Hotel is a family-owned regional gaming and hospitality operator running a flagship casino, Four-Diamond hotel, harness racing track, and dining venues in Saratoga Springs, NY, with additional casino properties in Colorado, Mississippi, and Pennsylvania.

Ownership category

akta.pro rank

Headquarters

HQ city

Saratoga Springs

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain, Others

Revenue model

1. Gaming Revenue: Primary revenue from slot machines, video poker, keno, and electronic table games including blackjack, roulette, and craps. Over 1,200 slot machines and electronic gaming options available.
2. Hotel Accommodations: Luxury hotel with Four-Diamond rating offering rooms, suites, and enhanced stay packages. Rooms include Double Queen, King, Executive King, Morris Suite, Bostwick Suite, and Harriman Suite options.
3. Food & Beverage: Multiple dining venues including Morton's The Steakhouse (6,500 sq ft, 160-seat capacity), Lucky Joe's, Fortunes, Perks Marketplace (24-hour), and Mane Bar. Also includes catering and event dining services.
4. Harness Racing & Wagering: Live harness racing from February through mid-December with simulcast wagering, Jackpot Super High Five, and SaratogaBets platform. Horsemen compete for over $17 million in annual purses.
5. Entertainment & Events: Live entertainment events, meetings and groups services, and event space rentals. The property has over 6,000 sq ft of meeting and event space.
6. VIP Gaming: Private VIP Lounge reserved for Elite players with premium amenities and dedicated hosts

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Saratoga Casino Hotel operates an integrated gaming, hospitality, and entertainment resort in Saratoga Springs, NY, featuring over 1,200 slot machines and electronic table games, a AAA Four-Diamond luxury hotel, live harness racing with simulcast wagering, and multiple dining venues anchored by Morton's The Steakhouse. Through parent Saratoga Casino Holdings LLC, the company additionally owns and operates casino properties in Colorado, Mississippi, and Pennsylvania, generating revenue across gaming, lodging, food and beverage, racing, entertainment, and event rentals.

Product overview

Saratoga Casino Hotel is a gaming and hospitality company operating multiple casino properties across the United States. The flagship Saratoga Casino Hotel in Saratoga Springs, NY offers a casino gaming floor with over 1,200 slots and electronic table games, a Four-Diamond luxury hotel with various room types and suites, multiple dining venues including Morton's The Steakhouse, live harness racing with Simulcast Wagering through SaratogaBets, live entertainment, a VIP Lounge, and the Saratoga Club loyalty program. The company also owns and operates Magnolia Bluffs Casino Hotel in Mississippi and Saratoga Casino Black Hawk in Colorado, with Happy Valley Casino in Pennsylvania under development. Saratoga Casino Hotel focuses on providing casino gaming, hospitality, dining, racing, and entertainment experiences across its properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Saratoga Casino Hotel Flagship integrated casino and hotel property in Saratoga Springs, NY featuring over 1,200 slot machines and electronic table games, a Four-Diamond luxury hotel, multiple dining options including Morton's The Steakhouse, live entertainment, harness racing, and simulcast wagering.
• Casino Gaming Floor Casino gaming operations at Saratoga Casino Hotel featuring over 1,200 slot machines, video poker, keno, and electronic table games including blackjack, roulette, and craps, available daily 9am-5am.
• Hotel Rooms and Suites Four-Diamond luxury hotel accommodations featuring multiple room types including Double Queen (400-430 sq ft), King, Executive King (600-620 sq ft), Morris Suite (780 sq ft), Bostwick Suite (900 sq ft), and Harriman Suite (900 sq ft with track views).
• Dining Venues Multiple on-property dining options including Morton's The Steakhouse (fine dining, 6,500 sq ft, 160-seat capacity), Lucky Joe's Saloon, Fortunes, the 24-hour Perks Marketplace grab-and-go, and Mane Bar.
• Live Entertainment Live music performances and special events held at the property's entertainment venues throughout the year.
• Live Harness Racing Live harness racing with simulcast wagering running February through mid-December, featuring the Joe Gerrity Jr. Memorial Pace and New York Sire Stakes races, with over $17 million in annual purses for horsemen.
• SaratogaBets Wagering Platform Online and on-property betting platform for horse racing wagering with mobile app and self-service terminals, offering a 15% bonus on Saratoga Harness wagers for account holders playing on property.
• Saratoga Club Loyalty Program Multi-tiered player rewards and loyalty program offering members access to promotions, free play, giveaways, exclusive events, and benefits, with Diamond Elite tier including VIP Lounge access.
• VIP Lounge Private lounge reserved for Elite players offering premium amenities, dedicated hosts, and personalized service for high-limit gaming patrons.
• Meetings and Events Over 6,000 sq ft of meeting and event space across properties, including a 3,000 sq ft dividable grand ballroom at Saratoga Casino Hotel, suitable for corporate events, weddings, and conferences with catering services.
• Magnolia Bluffs Casino Hotel Owned and operated casino property in Natchez, Mississippi featuring over 450 slot machines, 12 table games, restaurant and bar, sportsbook, and a 141-room off-site hotel.
• Saratoga Casino Black Hawk Owned and operated casino property located in Black Hawk, Colorado, operated by Saratoga Casino Holdings LLC.
• Happy Valley Casino New casino development in State College, Pennsylvania, a partnership between Saratoga Casino Holdings and SC Gaming, featuring 600 slot machines and 30 table games.

Quantifiable outcome

• 84 consecutive seasons of harness racing
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• SC GamingcoreStrategic or Co-development Partner · 9 January 2026SC Gaming and Saratoga Casino Holdings formed a partnership for Happy Valley Casino development in Pennsylvania. Saratoga became majority owner of the new gaming facility planned for State College. Project expected to open in April, creating over 300 jobs with gaming, food, and entertainment options. Partnership combines Saratoga's operational experience with SC Gaming's development expertise.
• KonamicoreTechnology or Integration · 24 December 2025Konami's SYNKROS casino management system will be utilized at Happy Valley Casino in Pennsylvania, providing advanced gaming floor management and player tracking capabilities
• American Red CrossminorGTM or Marketing Partner · 17 January 2025Ongoing partnership with American Red Cross to host biannual blood drives at Saratoga Casino Hotel. Donors entered to win NFL prizes including Super Bowl trips.
• Saratoga Harness Horseperson's AssociationcoreStrategic or Co-development Partner · 29 May 2024Partnership with harness horsepersons for racing operations, foundation collaboration, and community support. The Saratoga Casino Hotel Foundation was established in conjunction with the horsemen with board including local community leaders.
• Eugene Gibson (General Manager)coreOthers · 29 May 2022Eugene Gibson joined as General Manager of Magnolia Bluffs Casino Hotel with over 30 years of experience in gaming and hospitality industry, previously at Riverwalk Casino in Vicksburg, MS
• Morton's The SteakhousecoreChannel Partner/ Reseller/ DistributorMorton's The Steakhouse operates as the signature restaurant within Saratoga Casino Hotel's $40 million hotel expansion (opened 2016). The 6,500 sq ft restaurant seats 160 guests plus 60-seat lobby bar. First Morton's location within 150+ miles.
• New York Racing AssociationminorGTM or Marketing PartnerNYRA contributed $50,000 to the barn fire relief effort following the June 2026 tragedy at Saratoga Casino Hotel

Scale indicators14 records

Recent moves9 records

Expansion highlights5 records

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/saratogacasino
• YouTubeyoutube.com/saratogacasino
• Facebookfacebook.com/saratogacasino
• Instagraminstagram.com/saratogacasino

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saratoga Casino Hotel