Tao Group Hospitality

Common card · No. 390620

Tao Group Hospitality is an American restaurant and nightlife conglomerate founded in 2009 and headquartered in New York City. The group, whose roots can be traced to as early as 2000, presently owns and operates restaurants, nightclubs, dayclubs, private event venues, and food delivery services under 44 brands. Tao can trace its roots to the partnerships of Jason Strauss and Noah Tepperberg's marketing firm Strategic Group, which also owned the nightclub Marquee New York. Strategic Group often collaborated with Marc Packer and Rich Wolf's Tao Asian Bistro, often hosting events at Tao. All four were partners in Tao's first location and nightclub outside of New York City, located at The Venetian in Las Vegas, which opened in 2005, incorporating as Tao Group Hospitality officially in 2009. In 2017, Tao sold 62.5% of their business to James L. Dolan through his Madison Square Garden Entertainment corporation for $181 million, which they would later sell to PokerStars founder Mark Scheinberg...

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