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RCI Hospitality Holdings, Inc

RCI Hospitality Holdings, Inc

Sector: Drinking Places (alcoholic Beverages) Region: TX, United States


: | Nasdaq: RICK


Rick's Cabaret International, Inc. operates 37 adult nightclubs and restaurants that offer live entertainment, restaurant and bar operations. The clubs operate under the name Rick's Cabaret (upscale gentlemen’s clubs in major markets including New York City, Dallas, Houston, Minneapolis, Indianapolis); Club Onyx (upscale clubs catering to African-American clientele), XTC Cabaret and Jaguars (BYOB clubs in Texas and Arizona); Tootsie's Cabaret (large gentlemen’s club and sports bar in Miami); and the non-adult restaurant-nightclubs Ricky Bobby Sports Saloon in Ft. Worth and Bombshells in Dallas. Most clubs include a full-service restaurant and multiple dance stages. Rick’s Cabaret also owns and operates premiere adult entertainment Internet websites. The company is headed by Eric Langan, President and CEO, and is headquartered in Houston, TX.

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Bloomberg Report on the Record Profits of Rick's Cabaret International

Bloomberg's Stephanie Ruhle reports on the business model behind the record profits of adult entertainment chain, Rick's Cabaret International.

RCI Hospitality Holdings, Inc video

Bloomberg Report on the Record Profits of Rick's Cabaret International

RCI Hospitality Holdings, Inc video

Interview with President and CEO Eric Langan

Executives

Eric Langan, Chairman of the Board, Director, CEO and President
Eric S. Langan has been a Director since 1998 and the President/Chief Executive Officer of the Company since March 1999. He has been involved in the adult entertainment business since 1989. From January 1997 through the present, he has held the position of President of XTC Cabaret, Inc. From November 1992 until January 1997, Mr. Langan was the President of Bathing Beauties, Inc. Since 1989, Mr. Langan has exercised managerial control over more than a dozen adult entertainment businesses. Through these activities, Mr. Langan has acquired the knowledge and skills necessary to successfully operate adult entertainment businesses.
Travis Reese, Director and Executive Vice President
Travis Reese became our Director and V.P.-Director of Technology in 1999. From 1997 through 1999, Mr. Reese had been a senior network administrator at St. Vincent's Hospital in Santa Fe, New Mexico. During 1997, Mr. Reese was a computer systems engineer with Deloitte & Touche. From 1995 until 1997, Mr. Reese was Vice President with Digital Publishing Resources, Inc., an Internet service provider. From 1994 until 1995, Mr. Reese was a pilot with Continental Airlines. From 1992 until 1994, Mr. Reese was a pilot with Hang On, Inc., an airline company. Mr. Reese has an Associate's Degree in Aeronautical Science from Texas State Technical College.
Ed Anakar, Director of Operations
Ed Anakar has over 20 years of management experience in the hospitality industry. Started in 1986 as a food and beverage manager for a hotel management company that operated hotels, restaurants and nightclubs. Soon he was promoted to district manager of the chain and began to travel all over the United States in order to oversee multiple locations. In his late 20s Mr. Anakar got an opportunity to be an operating partner for Nocturnal Concepts a company that owned nightclubs in Houston, Texas. In 2002 After Rick’s Cabaret RCI bought a controlling interest in Nocturnal Concepts, Mr. Anakar was invited to join the company’s corporate management team. Since then he has operated numerous Rick’s Cabaret venues and was instrumental in launching Club Onyx, a unique nightclub concept offering upscale gentlemen’s club entertainment that caters to African-American businessmen and professionals.
Phillip Marshall, Chief Financial Officer
Phillip Marshall was previously controller of Dorado Exploration, Inc., an oil and gas exploration and production company, from February 2007 to May 2007. He previously served as Chief Financial Officer of CDT Systems, Inc., a publicly held water technology company, from July 2003 to January 2007. Mr. Marshall graduated from Texas State University in 1972. He began his public accounting career with the international accounting firm, KMG Main Hurdman and became a Certified Public Accountant in 1974. After the firm’s merger with Peat Marwick, Mr. Marshall served as an audit partner at KPMG for several years. After leaving KPMG, Mr. Marshall was partner in charge of the audit practice at Jackson & Rhodes in Dallas from 1992 to 2003, where he specialized in small publicly held companies, among them the newly public Rick’s Cabaret.
Allan Priaulx, Investor Relations Officer & Corporate Communications
Allan Priaulx began his career as a journalist. He later became a publisher, serving as Executive Vice President Thomson Financial/Banking, before forming his own investor relations firm, Resource Media Group, in 1993. He became our investor relations counsel in 2001. An alumnus of Dartmouth College, he also attended the University of Southampton in England. He is a member of the National Institute of Investor Relations (NIRI).

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