Lucky Strike Entertainment

Lucky Strike Entertainment

Bowling alley entertainment and dining venues

About Lucky Strike Entertainment

Simplify's Rating
Why Lucky Strike Entertainment is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Entertainment

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$2.2B

Headquarters

Los Angeles, California

Founded

2003

Overview

Lucky Strike Entertainment operates a chain of venues that combine bowling, dining, and drinks. Guests bowl and play games in a social setting with evolving menus and themed spaces inspired by pop culture, notably The Big Lebowski. The brand stands out with its distinctive atmosphere and “Dude DNA,” creating a memorable experience beyond meals or games. Its goal is to give people a fun, feel-good place to relax, celebrate, and repeat across multiple locations.

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Simplify's Take

What believers are saying

  • AI-driven labor optimization delivers margin benefits from Q4 2026 onward.
  • Peter Murray's PFL and NFL expertise boosts media revenue via digital storytelling.
  • Owning real estate for 58 venues enhances cash flow after $306 million purchase.

What critics are saying

  • Dave & Buster's opens 15 locations in 2026, stealing share with 4.2% comp growth.
  • Topgolf expands to 95 venues by 2026-end, outcompeting via tech golf bays.
  • $2.125B debt at 7.25% due 2032 triggers breaches if sales stay flat.

What makes Lucky Strike Entertainment unique

  • Lucky Strike operates 368 upscale bowling and entertainment venues across North America.
  • Recent acquisitions of Castle Park, Raging Waters, and Boomers add water parks and FECs.
  • Peter Murray leads PBA modernization with CW broadcasts starting February 22, 2026.

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Funding

Total Funding

$2.2B

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

Paid Vacation

Paid Holidays

Professional Development Budget

Company News

The Associated Press
Jan 28th, 2026
PBA and Lucky Strike Entertainment name former PFL CEO Peter Murray as dual chief executive

Lucky Strike Entertainment and the Professional Bowlers Association have appointed Peter Murray as CEO of the PBA and head of media for Lucky Strike Entertainment. Murray joins from the Professional Fighters League, where he served as founding CEO and helped build the organisation into a global sports property. In his dual role, Murray will oversee the PBA's global growth whilst developing a cross-platform media strategy for Lucky Strike's 360-plus venues nationwide. The appointment aims to modernise professional bowling through expanded behind-the-scenes access, personality-driven storytelling and new digital formats. The 2026 PBA Tour will broadcast live on The CW starting 22 February, with CBS and Paramount+ coverage beginning 4 April. Murray previously held executive positions at Under Armour, William Morris Endeavor and the National Football League.

Paul Hastings LLP
Oct 14th, 2025
Paul Hastings Advises Financing Sources for Lucky Strike Entertainment’s $2.125 Billion of Debt Financing | Paul Hastings LLP

Paul Hastings LLP represented the initial purchasers in connection with the offering of $500 million aggregate principal amount of 7.250% senior secured notes due by 2032 by Lucky Strike Entertainment (NYSE: LUCK).

Blooloop Limited
Aug 1st, 2025
Lucky Strike Entertainment acquires US water parks and FECs

Lucky Strike Entertainment acquires US water parks and FECs.

Park Journey
Jul 31st, 2025
Lucky Strike Entertainment Continues Portfolio Expansion with Acquisition of Castle Park, Raging Waters and Boomers

Lucky Strike Entertainment continues portfolio expansion with acquisition of Castle Park, Raging Waters and Boomers.

Secured Finance Network
Jul 16th, 2025
Lucky Strike boosts credit by $50M

Lucky Strike Entertainment increased its revolving credit facility by $50 million, maintaining the same terms as the existing agreement. The company, with a current ratio of 0.64, also acquired real estate for 58 venues for $306 million, enhancing earnings and cash flow. Stifel and Texas Capital Securities issued Buy ratings with price targets of $12 and $14, respectively. Richard Born and Jason Harinstein joined the Board. The acquisition was financed through a bridge facility, revolving credit, and cash.

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