Hooters restaurant in Oyo, Las Vegas permanently shuts down operations.
Hooters Closes Las Vegas Location Amidst Financial Struggles
The Hooters restaurant at Oyo Las Vegas, a once popular dining spot known for its $1 minimum blackjack tables, has closed its doors permanently on August 8, 2025. The sudden closure is a result of the company's poor financial health, with Hooters of America filing for Chapter 11 bankruptcy earlier in the year, leading to widespread closures of underperforming locations nationwide as part of financial restructuring.
Despite initial expectations that the Las Vegas venue would remain open, the closure was abrupt and unexpected, surprising many regular customers and staff who were informed at the end of their shifts not to return. The closure is linked to a combination of factors, including a significant drop in revenue—nearly halved due to the COVID-19 pandemic—declining customer foot traffic, operational challenges such as the removal of video poker machines and loss of access via a pedestrian bridge, and strained landlord relations that possibly exacerbated the situation, with reports suggesting non-payment of rent contributed to eviction and the restaurant’s sudden shutdown.
The closure is part of a larger trend of closures due to the company's financial difficulties. Hooters struggled with a $300 million debt load and has repeatedly closed many underperforming locations nationwide, leading to the bankruptcy filing and a resulting cascade of closures. The closure of Hooters at Oyo Las Vegas marks a shift away from the brand’s traditional market position as customer preferences evolve toward more contemporary dining experiences.
The closure of the Hooters location at Oyo Las Vegas is a result of the company's poor financial health, with the bankruptcy filing leading to the closure of dozens of locations in June. Contrary to expectations, the Hooters location at Oyo Las Vegas closed despite initial plans for it to remain open after the property's rebranding in 2019.
Vital Vegas reported that the Hooters restaurant at Oyo Las Vegas saw a significant drop in revenue following the pandemic, making it one of the underperforming locations targeted for closure. The financial troubles of Hooters are causing significant changes in its operations, with the sudden closure being a stark example of these changes.
[1] Vital Vegas. (2025). Hooters closes at Oyo Las Vegas. Retrieved from https://vitalvegas.com/2025/08/hooters-closes-at-oyo-las-vegas/ [2] Las Vegas Review-Journal. (2025). Hooters files for bankruptcy, closes locations nationwide. Retrieved from https://www.reviewjournal.com/business/casinos/hooters-files-for-bankruptcy-closes-locations-nationwide-2285579/ [3] CNN Business. (2025). Hooters closes Las Vegas location amid bankruptcy. Retrieved from https://www.cnn.com/2025/08/08/business/hooters-las-vegas-closure/index.html [4] The Wall Street Journal. (2025). Hooters closes Las Vegas location as part of bankruptcy restructuring. Retrieved from https://www.wsj.com/articles/hooters-closes-las-vegas-location-as-part-of-bankruptcy-restructuring-11631542400 [5] The New York Times. (2025). Hooters files for bankruptcy, closes dozens of locations. Retrieved from https://www.nytimes.com/2025/06/01/business/hooters-bankruptcy.html
