Ark Restaurants owns and operates a portfolio of full-service restaurants, bars, fast food concepts, and catering operations across the U.S. As of FY25, Ark operated 16 restaurants and bars and 12 fast food/catering units across New York City, Las Vegas, Florida, Alabama, Washington D.C., and Atlantic City. Ark's venues are large, destination-style properties deliberately sited in high-traffic locations — casino hotels, urban parks, waterfronts, and beach towns — to drive consistent customer volume without heavy standalone marketing. All venues are company-owned or operated; Ark does not franchise. Revenue comes primarily from food and beverage sales, with catering and private events as a meaningful secondary stream at larger venues. Restaurant-level margins are driven by food commodity costs (with notable exposure to shellfish, particularly king crab) and labor costs. Key properties include Bryant Park Grill & Café in NYC (historically Ark's highest-volume venue, currently in lease litigation), six concepts across two Las Vegas casino hotels, four waterfront casual dining properties in Florida, two Original Oyster House locations in Alabama, and Sequoia in Washington D.C. Ark has grown primarily by acquiring existing independent waterfront casual dining restaurants, particularly in the South and Southeast. Ark also holds a minority interest (~7%) in New Meadowlands Racetrack, which operates horse racing and sports betting in New Jersey, and Ark holds an exclusive on food and beverage operations at any future casino built on that site.