RCI's Favoritely.com Social Media Site Successful in First Phase of Beta Rollout

Core Insights - Favoritely.com is a new platform designed for the adult club industry, allowing fans to follow entertainers and arrange visits [2][3] - The service has received positive feedback during its initial beta phase in five clubs in Texas [1][2] - Entertainers on the platform retain 80% of their sales and can earn bonuses for recruiting new entertainers [3] Company Overview - RCI Hospitality Holdings, Inc. operates over 60 locations and is a leading company in adult nightclubs and sports bars-restaurants in the U.S. [3] - The platform is free for both users and entertainers, with entertainers setting their own subscription prices, typically around $4-5 per month [2][3] Future Plans - The company plans to expand Favoritely.com to more clubs, entertainers, and fans, aiming to enhance the service further [2]