American Gambling Markets Atlas (AGMA)

Operators / Saratoga Casino Holdings

Saratoga Casino Holdings

Operator · Saratoga Casino Holdings, LLC · Saratoga Springs, New York[1]

Took majority ownership of Happy Valley Casino after Ira Lubert (a Penn State alumnus who won the PA Category 4 license at a 2020 auction with a $10M bid, initially partnering with Bally's and then with his own SC Gaming) signed an agreement bringing in Saratoga Casino Holdings to develop and operate the venue.

Brands

Latest reported 12-month window

Available reports within each market’s latest 12-month window; missing months may make totals incomplete. License-holder totals may include partner-operated brands; rows are not necessarily additive.

StateVerticalChannelReported periodHandleGGR
PennsylvaniaCommercial casinostotalApr 1, 2026 – Aug 31, 2026$111M$11.6M

Licenses

LicensedNot licensed
Alaska: Not licensedAKMaine: Not licensedMEVermont: Not licensedVTNew Hampshire: Not licensedNHWashington: Not licensedWAIdaho: Not licensedIDMontana: Not licensedMTNorth Dakota: Not licensedNDMinnesota: Not licensedMNWisconsin: Not licensedWIMichigan: Not licensedMINew York: LicensedNYMassachusetts: Not licensedMARhode Island: Not licensedRIOregon: Not licensedORNevada: Not licensedNVWyoming: Not licensedWYSouth Dakota: Not licensedSDIowa: Not licensedIAIllinois: Not licensedILIndiana: Not licensedINOhio: Not licensedOHPennsylvania: Not licensedPANew Jersey: Not licensedNJConnecticut: Not licensedCTCalifornia: Not licensedCAUtah: Not licensedUTColorado: LicensedCONebraska: Not licensedNEMissouri: Not licensedMOKentucky: Not licensedKYWest Virginia: Not licensedWVVirginia: Not licensedVAMaryland: Not licensedMDDelaware: Not licensedDEArizona: Not licensedAZNew Mexico: Not licensedNMKansas: Not licensedKSArkansas: Not licensedARTennessee: Not licensedTNNorth Carolina: Not licensedNCSouth Carolina: Not licensedSCDistrict of Columbia: Not licensedDCOklahoma: Not licensedOKLouisiana: Not licensedLAMississippi: LicensedMSAlabama: Not licensedALGeorgia: Not licensedGAHawaii: Not licensedHITexas: Not licensedTXFlorida: Not licensedFL
StateVerticalBrandLicenseStatusLaunched
ColoradoCommercial casinosSaratoga Casino Black HawkLimited Gaming Master Licenseactive[2],[3]
MississippiCommercial casinosMagnolia Bluffs CasinoCommercial casino licenseactive[4],[5]
New YorkVGTs / VLTsSaratoga Casino HotelVLT Facility Licenseactive[6]

Sources

  1. Happy Valley Casino Officially Opens Following Test Days · retrieved Oct 10, 2026

    Direct fetch not performed in this pass; drawn from a search-engine result summary (Ira Lubert/SC Gaming original license, Saratoga Casino Holdings as current majority owner, late April 2026 opening).

  2. List of casinos in Colorado · retrieved Oct 10, 2026

    Used for the roster of casino names and towns; ownership for each entry was separately verified against regulator/press sources where possible, with gaps noted individually.

  3. Saratoga Casino Holdings - Properties · retrieved Oct 10, 2026

    Page not independently re-fetched this session; relied on search-result/trade-press summary (Dec. 2025) listing Saratoga Casino Black Hawk among the company's current properties.

  4. Mississippi Gaming Commission Public Information: Monthly Survey Information (Property Data), August 1-31, 2026 · retrieved Oct 10, 2026
  5. Mississippi casino owners sell Magnolia Bluffs hotel to out-of-state group · retrieved Oct 10, 2026
  6. Video Lottery · retrieved Oct 10, 2026