WIN: Shareholder dumps strip club investment after our calls to divest

After 10 years of propping up and profiting from strip club company RCI Hospitality Holdings (RCIHH), and following our calls to divest, US investment firm Millennium Management has quietly sold off all of its shares. According to a May 15 report filed by Millennium, as of March 31, 2024 it owned zero shares in the firm.

A previous report filed in November 2023 showed ownership of 67k shares - $4 million worth. Millennium's strip club shareholding peaked in 2018 when they owned 120,826 shares.

Read: Mega pimp RCI Hospitality Holdings faces venue shutdowns for prostitution crimes

We have been calling on Millennium CEO Israel Englander and Head of General Counsel Gil Raviv to dump their sexploitation stock, including shares in RCIHH and Playboy. We said that while Millennium presented as a company that cares about women, they needed to demonstrate it by dumping all porn and strip club shares.

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That’s 10 wins for 2024 - and it’s only May! Read about our other campaign victories here.

We will be ramping up our campaign calling on more “responsible and ethical” investors to dump their strip club shares.

Stay tuned in to our socials to learn how you can help.

See also

WIN! Thrivent divests from strip club shares

Add your comment

  • Lyn Kennedy
    published this page in News 2024-05-20 07:43:31 +1000

You can defend their right to childhood

A world free of sexploitation is possible!

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