From the first location in Katy, Texas, in 1980, Landry's continues to grow from coast to coast. As a result of its unwavering performance momentum, Landry's has been called a "darling" of Wall Street and has caught the eye of the restaurant industry press as well.

The company's renowned reputation is upheld by its unwavering commitment to customer service and satisfaction. This commitment is a promise made to each guest to ensure great food at a reasonable price and courteous service in a fun-filled atmosphere. From the moment a guest walks into one of our restaurants, the ambiance lets them know that they're in for something special.

A wave of recent accolades bestowed on the company has further propelled its phenomenal growth. Nation's Restaurant News, a leading industry publication, chose Landry's as "One of Nine Hot Concepts of the Nineties." In the financial arena, Business Week named Landry's as Number 26 of the "Top 100 Companies for Growth" and Forbes named Landry's number five on its roster of "The 200 Best Small Companies in America."

With a strong foundation of great seafood and excellent service, supported by nationwide industry and consumer recognition, Landry's will continue to deliver strong unit sales and promising growth potential. Landry's, riding the crest of an all-time high, is destined to become the preeminent seafood restaurant company in the U.S.

On September 27, 2005 Landry's Restaurants, Inc. closed on the purchase of the landmark Golden Nugget Casino and Hotel in downtown Las Vegas and the Golden Nugget Casino and Hotel in Laughlin, Nevada from PB Gaming, Inc. Under the terms of the transaction, PB Gaming, the sole stockholder of Poster Financial Group, Inc. (PFG), sold all of its shares of PFG to nLandry's Gaming, Inc., a wholly-owned subsidiary of Landry's, for $140 million in cash. Houston-based Landry's also is assuming $155 million of senior secured notes due 2011 and PFG's outstanding credit facility and is paying certain working capital liabilities, including house banks in the amount of $23 million, as part of the transaction.