Houlihan’s
Similar to Bar Louie, this chain was also once known for its happy-hour drinks. Houlihan’s was successful for four years before they started seeing a decline in revenue. For some reason, the younger generation was not interested in the chain, which has led to massive losses. In 2019, the former owner of the chain, HRI Holding Corp, filed for bankruptcy. That same year, Landry’s bought the chain for the amount of its debt ($40 million).