Texas Commission Issues Liquor License To Rick's Cabaret Near Dallas/Fort Worth Airport
HOUSTON – (January 19, 2012) – The Texas Alcoholic
Beverage Commission (TABC) has issued a license to sell liquor at the
Rick’s Cabaret just outside the busy
Dallas/Fort Worth Airport. The club (at 15000 Airport Freeway, Fort Worth)
had been operating as a BYOB establishment for nearly a year pending resolution
of a complaint by corporate neighbors, politicians and airport officials.
“We are delighted that we will now be able to offer our customers the full array
of Rick’s Cabaret entertainment, beverage service and hospitality,” said Eric
Langan, President and CEO of
Rick’s Cabaret International,
Inc. (NASDAQ:RICK), the publicly traded company that launched the club
located at the southern exit of the world’s seventh busiest airport. “We were
always confident we met every legal qualification to provide liquor service to
our customers and believed that the attempts to block us were politically
motivated.”
Mr. Langan said the company had hoped to operate as a full-service club a year
ago, but the conflict over the liquor license delayed that plan. The official
opening as a full-service cabaret is now scheduled for February 9th, with grand
opening parties planned for March.
The DFW airport location is one of nine adult clubs currently operated by Rick’s
Cabaret in the Dallas/Fort Worth Metroplex, including the newest location,
Silver City Cabaret in Dallas, which was acquired earlier this week. Other
establishments in the Metroplex include:
Rick’s Cabaret/Fort Worth;
Cabaret North and
Cabaret East in Fort Worth;
Club Onyx in Dallas catering to African-American gentlemen; plus
XTC Cabaret in Dallas and
XTC Cabaret in Fort Worth, and
Temptations in Fort Worth.
About Rick’s Cabaret: Rick’s Cabaret International, Inc. (NASDAQ: RICK)
is home to 24 upscale adult nightclubs serving primarily businessmen and
professionals that offer live entertainment, dining and bar operations.
Nightclubs in New York City, Miami, Philadelphia, New Orleans, Charlotte,
Dallas, Houston, Minneapolis and other cities operate under the names "Rick's
Cabaret," "XTC," “Club Onyx” and “Tootsie’s Cabaret”. Sexual contact is not
permitted at these locations. Rick’s Cabaret also operates a media division, ED
Publications, and owns the adult Internet membership Website
www.couplestouch.com as well as
a network of online adult auction sites under the flagship URL
www.naughtybids.com. Rick’s
Cabaret common stock is traded on NASDAQ under the symbol RICK. For further
information contact [email protected] or
visit www.ricksinvestor.com.
www.
Forward-looking Statements: This document contains forward-looking
statements that involve a number of risks and uncertainties that could cause the
company’s actual results to differ materially from those indicated in this
document, including the risks and uncertainties associated with operating and
managing an adult business, the business climates in cities where it operates,
the success or lack thereof in launching and building the company’s businesses,
risks and uncertainties related to the operational and financial results of our
Web sites, conditions relevant to real estate transactions, and numerous other
factors such as laws governing the operation of adult entertainment businesses,
competition and dependence on key personnel. Rick's has no obligation to update
or revise the forward-looking statements to reflect the occurrence of future
events or circumstances. For further information visit
www.ricksinvestor.com.
Contact: Allan Priaulx, 212-338-0050,
[email protected]