Lucky Strike Entertainment Corporation

Lucky Strike Entertainment Corporation (NYSE: LUCK) owns and operates location-based entertainment venues, with 366 locations in operation across North America as of November 5, 2026. It earns revenue from three lines: bowling (retail walk-in play and leagues), food and beverage, and amusement and other. The amusement line includes arcade games, water parks and family entertainment centers. The company also sells events and parties, from corporate bookings to smaller private celebrations. It is converting locations to its upscale Lucky Strike brand, with 182 Lucky Strike locations as of November 5, 2026, and has relaunched its AMF bowling brand. Recent acquisitions include water parks, which add seasonal summer revenue from season passes and admissions. The company also owns the Professional Bowlers Association (PBA), the major league of bowling, which it operates as a media property. The balance sheet is heavily leveraged, with roughly $1.8 billion of bank debt and a stockholders' deficit. Management has shifted capital allocation toward deleveraging, cutting capex, pausing acquisitions, pursuing non-core asset sales and suspending the quarterly dividend. Updated Nov 5, 2026