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Rick's Cabaret Las Vegas (Phone 702.367.4000) is one of the
companies flagship venues.
Rick's Cabaret Las Vegas
Founded in 1983, Rick's Cabaret pioneered in the creation of
elegant gentlemen's clubs featuring beautiful topless dancers
and high quality restaurant service. Rick's Cabaret went public in
1995 and is listed on The NASDAQ Global Market under the
symbol RICK. The Company has built powerful brand name
awareness for its upscale environment and enjoyable adult
entertainment. Anna Nicole Smith met her oil billionaire husband
while dancing at Rick's Cabaret and many of our performers have
become Penthouse Pets and Playboy Playmates.
President & CEO Eric Langan joined Rick's Cabaret in 1998 and
has led the Company since 1999, steadily expanding operations
and growing revenues and profit. Mr. Langan has positioned the
Company at the top of the gentlemen's club sector by creating
strong financial controls for a business model that offers a
pleasurable ambiance and a conscientious approach to customer
service patterned after the “concierge model” of the top Las
Vegas casinos.
Forbes named Rick's Cabaret one of America's 200 Best Small
Companies since 2008. Rick's Cabaret has been profiled in The
Wall Street Journal, Fortune, MarketWatch, Corporate Board
Member, Smart Money, USA Today, The New York Daily News and
other publications. The Rick's Cabaret-NYC Steakhouse is listed
in Zagat's New York Nightlife and included in the TONY 100 list
of fine Manhattan dining establishments by Time Out New York.
Options in RICK are traded on the Chicago Board of Options
Exchange (CBOE).
Investors are attracted by strong cash flow, consistent
profitability, effective internal financial controls developed by
management, local laws that create high barriers to entry by
potential competitors, and execution of a roll-up strategy in the
consolidating gentlemen's club industry. In recent years the
Company has acquired nightclubs in major markets, including
New York City, Miami, Philadelphia, Dallas-Ft. Worth and Las
Vegas.