RCI Announces Grand Opening of Jaguars Club in San Antonio, TX

HOUSTON, December 28, 2022 – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced the grand opening, starting at 9 PM tonight and lasting to 5 AM, of the new “after hours” Jaguars Club in San Antonio, TX.

The 10,000 square-foot BYOB adult nightclub, formerly the site of a Rick's Cabaret, has been extensively remodeled with new state of the art sound, lighting, video systems, main floor, and cabana seating.

“Our goal is to become the best after hours club in San Antonio,” said Regional Manager Wayne Fenlon. "We offer you the experience of a lifetime. Enjoy beautiful views of entertainers on our three stages. Come in, sit down, kick back, and have fun at the non-stop party. We pride ourselves on our first class entertainment, professional staff, and impeccable service. Everyone 18 and older is welcome. Bring your friends, favorite beverage, and a valid ID."

The club, the latest location in the now nine-unit Jaguars Club brand in Texas, is located at 5418 Brewster Street, minutes from the San Antonio International Airport, The Forum Shopping Center, and the historic River Walk in downtown San Antonio. Phone: (210) 657-2800.

Find the new Jaguars Club at:

Web: https://www.jaguarssa.com
Facebook: https://www.facebook.com/jagssanantonio
Instagram: https://www.instagram.com/jaguars_s
Twitter: https://twitter.com/JaguarsClubSA

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (Twitter: @RCIHHinc)

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (Twitter: @RCIHHinc)

With more than 60 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. See all our brands at www.rcihospitality.com.

Forward-Looking Statements

This press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated, including, but not limited to, the risks and uncertainties associated with (i) operating and managing an adult entertainment or restaurant business, (ii) the business climates in cities where it operates, (iii) the success or lack thereof in launching and building the company's businesses, (iv) cyber security, (v) conditions relevant to real estate transactions, (vi) the impact of the COVID-19 pandemic, and (vii) numerous other factors such as laws governing the operation of adult entertainment or restaurant businesses, competition and dependence on key personnel. For more detailed discussion of such factors and certain risks and uncertainties, see RCI's annual report on Form 10-K for the year ended September 30, 2022, as well as its other filings with the U.S. Securities and Exchange Commission. The company has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.

Media & Investor Contacts

Gary Fishman and Steven Anreder at 212-532-3232 or gary.fishman@anreder.com and steven.anreder@anreder.com