RCI Announces Opening of Rick's Steakhouse & Lounge at Scarlett's Cabaret Miami

MIAMI, May 4, 2022 – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced that Scarlett's Cabaret Miami is opening the first of its kind Rick's Steakhouse and Lounge tonight, offering high-end dining along with a sophisticated upscale lounge, bringing the Rick's Cabaret New York steakhouse experience to South Florida.

The 3,000 square foot Rick's Steakhouse and Lounge, which seats up to 150, is next to Scarlett's, located between Fort Lauderdale and Miami off the Hallandale Beach exit of I-95, the major-north south highway through Miami-Dade, Broward, and Palm Beach counties. Scarlett's is considered one of the best adult nightclubs in the country, known for its high-energy late night party scene that attracts men and women.

Ed Anakar, President of RCI Management, said that in addition to its menu and selection of top-shelf spirits, wines and cigars, Rick's will be one of the few, if any, restaurants of its kind in the area accepting Bitcoin and open 8 PM to 5 AM, Wednesday through Saturday. Table reservations are required for dinner or bottle service unless you are already at Scarlett's. Rick's is also available for private parties.

The kitchen is being supervised by Executive Chef Bryan Doell, who worked under chef Allen Susser, winner of the prestigious James Beard Award. “We focused on developing a select number of high-quality dishes,” said Doell. “While steak is the star of the show, there is something for everybody.”

Top steak choices include a 10-ounce, upper two-thirds Angus center cut filet mignon that has the tenderness of a prime filet with the distinct bold flavor of Angus beef; a phenomenal 18-ounce upper two-thirds Angus ribeye steak; and a classic 16-ounce prime New York strip steak.

Top seafood selections include a 9-ounce Faroe Island Bakkafrost salmon, with a delicious, rich taste that melts in your mouth; a colossal crab meat cocktail that lives up to its name; and Key West style crab cakes with real Key Lime aioli.

Shawn Barnes, General Manager of Scarlett's, created a décor reminiscent of a luxurious, timeless speakeasy, with elegant black and gold leather couches and banquettes; marble tabletops streaked with black and gold; a black felt pool table; and low level, soft gold chandeliers. “Rick's was designed to attract its own clientele as well as complement Scarlett's party experience with a quieter, more relaxed environment, featuring alluring house music,” said Barnes.

Todd Giordano, who has a background in high-end dining at Cafe Martorano, is leading the project as Rick's Manager. For reservations, call Scarlett's at 954-455-8318 or email [email protected] Address is 2920 SW 30th Avenue, Pembroke Park, FL, 33009.

Media Note: High resolution photos are available.

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) www.rcihospitality.com

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.

Media & Investor Contacts

Gary Fishman and Steven Anreder at 212-532-3232 or [email protected] and [email protected]

Rick's Steakhouse & Lounge features a décor reminiscent of a luxurious speakeasy, with elegant black and gold leather couches and banquettes; marble tabletops streaked with black and gold; a black felt pool table; and low level, soft gold chandeliers. The 3,000 square foot Rick's Steakhouse & Lounge, which seats up to 150, is next to Scarlett's, located between Fort Lauderdale and Miami off the Hallandale Beach exit of I-95, the major north-south highway through Miami-Dade, Broward, and Palm Beach counties. In addition to its menu and selection of top-shelf spirits, wines and cigars, Rick's Steakhouse & Lounge will be one of the few, if any, restaurants of its kind in the area accepting Bitcoin and open 8 PM to 5 AM, Wednesday through Saturday. Rick's Steakhouse & Lounge Executive Chef Bryan Doell developed a select number of high-quality dishes. Top steak choices include a 10-ounce, upper two-thirds Angus center cut filet mignon that has the tenderness of a prime filet with the distinct bold flavor of Angus beef. Rick's Steakhouse & Lounge Executive Chef Bryan Doell says that while steak is the star of the show, there is something for everybody, including a crispy ginger pork belly. Top seafood selections at Rick's Steakhouse & Lounge include a Key West style crab cakes with real Key Lime aioli.