Rick's Cabaret In Dallas To Be Converted To Largest All-Nude Strip Club In Texas
DALLAS-(January 13, 2009)- Rick's Cabaret International, Inc.
the nation's premier chain of gentlemen's club, will convert its Dallas
location into the largest all-nude bar in Texas – a 25,000 square
foot, two-story palace off the Stemmons Freeway.
"This club is one of the finest physical locations in the entire
country, and we know our customers will enjoy it as an XTC
, which is our company's brand for all-nude gentlemen's
clubs," said Eric Langan
, President and CEO of
Rick's Cabaret. "We will benefit from an absolutely ideal location
on the heavily traveled I-35 Stemmons Freeway near the American
and just a few miles north of the famous
Dallas West End
retail and recreation center."
A three-day grand opening party for the newest XTC Cabaret will take
place January 15th, 16th and 17th, with additional entertainers to be
flown in from the company's Tootsie’s
in Miami plus XTC Cabarets in Austin and San Antonio.
The newest XTC Cabaret includes an executive level with sky boxes, plus
multiple plasma television screens for viewing major sports events.
Rick's Cabaret purchased the former Executive Club at 8550 North Stemmons
Freeway in April 2008.
The company also operates two other clubs in the Dallas-Ft. Worth area
– a Rick's Cabaret in Ft. Worth at 7101 Calmont Ave. and a Club
Onyx in Dallas at 10557 Wire Way off Northwest Hwy.
Rick's Cabaret International, Inc. (NASDAQ: RICK) operates upscale adult
nightclubs serving primarily businessmen and professionals that offer
live adult entertainment, restaurant and bar operations. The company
owns, operates or licenses adult nightclubs in New York City, Miami,
Philadelphia, Las Vegas, New Orleans, Charlotte, Dallas, Houston, Minneapolis
and other cities 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 owns the adult
Internet membership Web site, couplestouch.com;
a network of online adult auction sites under the flagship URL naughtybids.com;
ED Publications, the national trade magazine and convention for the
adult nightclub industry; and Storerotica, the national trade magazine
and convention for the adult product and intimate apparel industries.
Rick's Cabaret common stock is traded on the NASDAQ Global Market under
the symbol RICK. For further information contact [email protected].
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.ricks.com.
for further information: Allan Priaulx, 212-338-0050, [email protected]