Connect with us


Chris Keil Investing In Nightlife

Sony/AWAL recording artist Chris Keil has plunged into Nightlife by becoming a shareholder of RCI Hospitality Holdings. With more than 50 units, RCI Hospitality Holdings Inc., through its subsidiaries is the country’s leading company in gentlemen’s clubs and sports bars/restaurants. Clubs in New York City, Chicago, Dallas-Fort Worth, Houston, Miami, Minneapolis, Denver, St. Louis, Charlotte, Pittsburgh, Raleigh, Louisville, and other markets operate under brand names such as Rick’s Cabaret, XTC, Club Onyx, Vivid Cabaret, Jaguars Club, Tootsie’s Cabaret, and Scarlett’s Cabaret. Sports bars/restaurants operate under the brand name Bombshells Restaurant & Bar.

The power move executed from the “Alpha” rapper has positioned him into ownership of many clubs such as The Diamond Cabaret, The Seville Club, The Mansion Gentlemen’s Club and Steakhouse, Silver City Cabaret, Hoops Cabaret,
Rick’s Cabaret, Jaguars Club, Club Onyx, Tootsie’s Cabaret, Scarlett’s Cabaret, Temptations Cabaret, Downtown Cabaret, Foxy’s Cabaret, Kappa Men’s Club, Cabaret East, Silver City, Vivid Cabaret, XTC Cabaret, and many more.

Rick’s Cabaret is an elegant experience with fine dining. Tootsie’s Cabaret, Scarlett’s Cabaret, and Vivid are “high energy” nightclub/gentlemen’s club hybrids with a party atmosphere. XTC Cabaret and Jaguars Clubs are BYOB 18 plus concepts for blue collar and college patrons. Club Onyx’s caters to African American professionals. Tootsie’s is also known as the largest strip club in the United States with 74,000 square feet.

The nightclub & restaurant brands include Studio 80, an 80’s dance music concept, and Bombshells Restaurant and Bar, a military themed sports bar/restaurant chain with 10 locations in Texas. RCI also operates ED Publications, Inc., a media company serving the adult club business with industry-related websites, magazines and trade shows.

The company was founded in 1983 by Robert Watters and is based in Houston, Texas. In 1998, the company merged with Taurus, Inc., which owned the XTC Cabaret chain and was controlled by Eric Langan, who eventually became the RCI’s president and CEO in 1999. Langan acquired his first gentlemen’s club in Texas at age 21 with $40,000 from the sale of his baseball card collection. Subsequently, RCI expanded inside and outside of Texas to states such as New York, Illinois, Florida, Arizona, Minnesota and others, and entered related businesses, such as sports bars/restaurants and nightclubs.

On July 26, 2021, RCI announced definitive agreements to acquire for $88.0 million 11 adult nightclubs and six related real estate properties. The clubs generated approximately $40 million in revenue and $14 million in adjusted EBITDA in their fiscal year ended December 31, 2019. Five of the clubs are in Denver, Colorado; two near St. Louis, Missouri; and one each in Indianapolis, Indiana; Louisville, Kentucky; Raleigh, North Carolina; and Portland, Maine.

When it comes to investments Chris Keil isn’t a stranger to taking risks the 26 year old rapper has a grasp in other companies such as Wish.com, Nio, Amazon, Starbucks, and Tesla. Along with new business ventures, the young mogul is preparing to release his upcoming project “Makeout Point”.

I am an avid traveler and loves writing. I love writing about beauty and fashion. When I am not traveling or writing, you'll find me modeling.

Join Disrupt Magazine

Become A Disrupt Contributor

Most Disruptive

tezos and NFT tezos and NFT
NFT4 weeks ago

Beginners guide to NFTs: What are non-fungible tokens?

You have probably heard the word NFT hundreds of times so far. At first glance, you thought it only had...

Sports + Gaming2 months ago

What Motorcycles Are Good For Long Trips?

Motorcycles are all about freedom. But the question is: how often do we really go out there and enjoy the...

Executive Voice2 months ago

3 Ways Maternal Instincts Give Women In Leadership An Advantage

As the landscape of gender roles continues to be redefined, these 3 experts agree that their maternal instincts provide an...

Executive Voice3 months ago

The Queen of Title: How Powerplayer Rachel Luna is Disrupting the Title Industry Through a Modern Approach

Rachel Luna has made quite the name for herself within Texas’s title real estate business as the Title Queen and...

Executive Voice3 months ago

Nancy Almodovar: The Latina CEO Who is Disrupting the Status Quo of the Luxury Real Estate Market

It comes as no surprise that Nancy Almodovar, the CEO and founder of Nan and Company Properties, is one of...

Business3 months ago

How To Nurture Talent Within Your Business

Your business can only succeed with talented workers on the payroll. Luck and even strong economic conditions will only get...

NFT4 months ago

Solana’s value plummets below $98 due to a Wormhole Exploit

Many people thought blockchain technology was robust, secure, and virtually “unhackable.” However, the crypto world has faced several hacking incidents...

NFT4 months ago

Polly Kole, The Beauty With Gifted Hands Tycoon Of NFT Sculptures

In a society full of stereotypes, people clinging to appearance and disregarding one’s achievements is the magnificent Polly Kole stunning...

gold and black round emblem gold and black round emblem
Cryptocurrency5 months ago

Bitcoin’s Volatility Explained

Since cryptocurrency was introduced in 2009, it has become a very controversial subject for both critics and supporters. One of...

News5 months ago

Spider Man; No Way Home’, Crushes Box Office Estimates Generating A Mammoth $253 Million In North America.

After only 3 days in the cinemas, the latest and last Spidey outing disrupted the international market as the highest-grossing...


Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.