Drais Enterprises

What Drais Enterprises does

Drais Enterprises is a privately held Las Vegas hospitality company that owns and operates Drai's After Hours, an after-hours nightclub and private event venue located beneath The Vanderpump Hotel on the Las Vegas Strip. Founded by nightlife impresario Victor Drai, the venue has operated continuously since 1997 and is positioned as the longest-running and #1-ranked after-hours nightclub in the United States. The 11,000-square-foot venue comprises four configurable event spaces with a maximum capacity of 900 guests and 55 VIP bottle-service tables, and it operates Thursday through Sunday from 1AM to 6AM.

The company's product portfolio centers on three revenue streams: general-admission ticketing for recurring branded nights (Leverage, House • Hip-Hop, Maria Romano's Last Call, R&B Thursdays, Industry Night), VIP bottle-service reservations, and private event buyouts (corporate events, brand activations, weddings, and celebrations). Ticket sales and table reservations are processed through the Speakeasygo third-party ticketing platform. The company maintains active owned channels (website, Instagram, X, Facebook) and an SMS opt-in marketing program. It does not operate a proprietary technology platform, mobile application, or API.

Drais generates revenue through variable-priced GA admissions, bottle-service deposits with balances paid on arrival, and direct-sales bookings for private events of 30-900 guests. Distribution is direct-to-consumer plus a co-produced residency partnership with Gila River Resorts & Casinos that extended the Drai's Nightlife brand to Arizona in March 2026. The company employs 251-500 staff, is headquartered in Las Vegas, Nevada, and is privately held with no institutional funding or public financial disclosures.

Name

Drais Enterprises

Legal name

Drai's

Website

https://draisgroup.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

251–500 employees

Short description

Drais Enterprises owns and operates Drai's After Hours, a Las Vegas Strip after-hours nightclub and private event venue beneath The Vanderpump Hotel, serving nightlife consumers, corporate event clients, and private celebration groups since 1997.

Ownership category

akta.pro rank

Product category

Nightclub and Live Entertainment Venue

NAICS

Drinking Places (Alcoholic Beverages) (7224), Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131)

SIC

Retail-Eating & Drinking Places (5810), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Nightclubs & Dance Clubs (THAFAEAC)

akta.pro secondary industries

VIP Event & Venue Access (Clubs, Lounges, Private Suites) (HSACAMAB), Hotel & Resort Convention Venues (Convention Hotels) (THAHAAAC)

Keywords

• Nightclub operations
• Vip bottle service
• After-hours nightlife
• Private event venue
• Live entertainment venue

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. General Admission Tickets: Revenue generated from selling tickets to the general public for entry to Drai's After Hours. Events operate Thursday through Sunday starting at 1AM.
2. VIP Bottle Service: Premium table reservations and bottle service generating revenue through deposits and remaining balances. Features 55 plush bottle service tables for high-value customers.
3. Private Events and Buyouts: Corporate events, brand activations, wedding receptions, bachelorette parties, and full venue buyouts for groups of 30 to 900 guests. Revenue from event booking fees and service charges.
4. Residency and Special Events: Co-produced residency events featuring notable performers like Waka Flocka Flame, Trey Songz, 2 Chainz, and Snoop Dogg. Revenue includes partnerships with resort properties for event hosting.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Drais Enterprises owns and operates Drai's After Hours, an iconic Las Vegas after-hours nightclub operating Thursday through Sunday from 1AM to 6AM beneath The Vanderpump Hotel on the Strip. The company sells general admission tickets, premium VIP bottle service across 55 tables, and private event venue rentals accommodating 30 to 900 guests across four customizable 11,000-square-foot event spaces. It also produces co-branded residency events featuring headline performers.

Product overview

Drai's After Hours operates as a unified nightclub and event venue product portfolio offering after-hours nightlife entertainment and private event hosting services. The core offering consists of Drai's After Hours nightclub (the flagship after-hours venue), VIP Bottle Service (premium table reservations), and Private Events Venue Rental (corporate and social event hosting across 11,000 square feet). The venue has operated since 1997 and is consistently ranked as the #1 after-hours nightclub in the country, serving guests Thursday through Sunday from 1AM to 6AM beneath The Vanderpump Hotel on the Las Vegas Strip.

Differentiator

Problem solved

Functional benefit

Products and services

• Drai's After Hours Nightclub Iconic Las Vegas after-hours nightclub operating Thursday through Sunday from 1AM to 6AM beneath The Vanderpump Hotel on the Las Vegas Strip, offering general admission ticketed entry, themed nights, celebrity and DJ performances, and an intimate yet high-energy setting for nightlife entertainment. Targeted at adults 21+ including tourists and locals seeking premium late-night experiences.
• VIP Bottle Service Premium table reservations and bottle service at Drai's After Hours featuring 55 plush bottle service tables, with deposits paid online and the remaining balance settled upon arrival. Targeted at high-value adult nightlife guests seeking upscale seating, personalized service, and dedicated areas during after-hours events.
• Private Events Venue Rental Private event venue rental services for corporate events, brand activations, full venue buyouts, wedding receptions, bachelorette parties, product launches, and VIP brand events. Includes 11,000 square feet across four distinct event spaces with customizable room layouts using in-place velvet curtains, accommodating groups of 30 to 900 guests with built-in nightlife entertainment infrastructure. Targeted at corporate event planners, brand activation teams, wedding planners, and celebration organizers.

Quantifiable outcome

• 28+ years of continuous operation as the longest-running after-hours nightclub in Las Vegas
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Three partnerships are on record, tiered core.

• Gila River Resorts & CasinoscoreStrategic or Co-development Partner · 21 March 2026Co-produced the Winter Vegas Residency at Wild Horse Pass Resort and Casino in Arizona (March 21-22, 2026), bringing the Drai's Nightlife brand to Arizona for a three-month entertainment series finale. The residency featured performances by Waka Flocka Flame, Trey Songz, 2 Chainz, and Snoop Dogg, co-produced by Matthew Gavin of Capture Studio Group and Dustin Drai.
• The Cromwell (Caesars Entertainment)coreStrategic or Co-development PartnerDrai's After Hours is located beneath The Cromwell boutique hotel on the Las Vegas Strip. The venue operates as part of the hotel's nightlife offerings, with The Cromwell's $185 million renovation including Drai's as a flagship entertainment destination.
• Speakeasy Ticketing PlatformcoreTechnology or IntegrationTechnology partnership for ticket sales and VIP reservation processing. Customers are redirected to Speakeasy platform for purchasing event tickets and booking bottle service tables.

Scale indicators6 records

Recent moves2 records

Expansion highlights4 records

Direct peers

• Omnia Nightclub (Caesars Entertainment): Caesars-owned nightclub at The Venetian/Palazzo on the Las Vegas Strip. Comparable as a high-volume, hotel-integrated nightclub with VIP table reservations, headliner residencies, and event-driven ticket revenue targeting similar premium consumers.
• Hakkasan Group: Operates Hakkasan Nightclub and related venues at the MGM Grand on the Las Vegas Strip. Directly comparable as a premium nightclub operator with bottle-service revenue, celebrity DJ residencies, and event-driven programming targeting similar high-spend nightlife consumers.
• Tao Group Hospitality: Multi-venue operator running Tao Nightclub and other nightlife/restaurant venues in Las Vegas. Comparable as a Strip nightclub operator combining bottle service, VIP programming, and private event hosting for similar high-end clientele.
• LIGHT Nightclub (Mandalay Bay): MGM-operated nightclub at Mandalay Bay on the Las Vegas Strip. Comparable as a hotel-integrated nightclub with bottle service, DJ-driven programming, and a similar premium nightlife consumer base.
• 1 OAK Nightclub Las Vegas: Las Vegas outpost of the 1 OAK brand. Comparable as a Strip-adjacent premium nightclub with bottle service, celebrity-driven programming, and similar nightlife consumer target.
• Zouk Group Las Vegas: Operator of Zouk Nightclub and AYU Dayclub at Resorts World Las Vegas. Directly comparable as a contemporary Strip nightlife operator with dayclub/nightclub programming, VIP bottle service, and artist residencies.
• XS Nightclub (Wynn/Encore): Flagship nightclub at Encore at Wynn Las Vegas. Directly comparable as a Strip-based premium nightclub with VIP table service, resident DJ programming, and high-capacity bottle-service-driven revenue model.
• Marquee Nightclub (The Cosmopolitan): Hotel-integrated nightclub at The Cosmopolitan of Las Vegas. Directly comparable on Strip location, premium bottle service, themed nights, and corporate/private buyout capability.

Regional players

• LIV Nightclub Miami: Iconic premium nightclub at the Fontainebleau Miami Beach. Comparable product (bottle-service flagship, DJ residencies, celebrity-driven programming) but operating in the Miami market rather than Las Vegas.

Broad incumbents

• The Joint / Hard Rock Hotel Nightlife (Encore Beach Club / EBC at Night): Wynn/Encore's dayclub and after-hours nighttime programming at Encore Beach Club. Comparable as an after-hours/late-night Strip offering with VIP table service within a larger integrated resort operator's portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/draislv
• Facebookfacebook.com/draislv
• Instagraminstagram.com/draislv
• LinkedInlinkedin.com/company/drais-management-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Drais Enterprises