VCG, headquartered in Denver, is up 700% from its low and Rick's, headquartered in Houston, has climbed 100% from its 52-week low.īecause they are publicly traded, unlike Scores and the city's other upscale gentlemen's clubs, Rick's and VCG must disclose detailed balance sheets: profits, losses, costs and investments. The stock price of both - the only two publicly traded companies of their kind - have shot up remarkably over the last year or so. Rick's owns, operates or licenses, 14 adult entertainment clubs around the country, including venues in Houston, Minneapolis and New Orleans.Īnother such company, VCG Holding Corp., publicly traded on the American Stock Exchange, owns eight clubs around the country and manages another five - none in New York.
So you can spend $3,000 here and say 'Hey, I had a good time.'
'You want to believe this 19-year-old girl really loves you, is listening to you and maybe in another time, she could be your girlfriend. 'For guys, it's male bonding, or an escape from reality,' Langan said. Rick's is part of a publicly traded corporation, Rick's Cabaret International Inc., with shares traded on the NASDAQ, and accountants, attorneys, Securities and Exchange Commission filings and a business model not very much different than WalMart, except for what's being sold.