Rick's Cabaret International, Inc. to Launch “Jaguar's Gentleman's Club/Austin” (RICK)
September 15, 2010 9:08 AM
Rick's Cabaret International, Inc. (NASDAQ: RICK) has formed a joint venture with JGC Austin, LLC to open a new Jaguar's Gold Club.
“We think the new Jaguar's Gold Club/Austin will be one of the premier gentlemen's clubs in Texas and the Southwest,” said Niko Foster, CEO of Jaguar's Gold Club, which operates 12 Jaguar's clubs around the country. “We have completed a $300,000 renovation of the entire 22,000 square foot club, and it is spectacular. We are bringing in girls from all over the southern region for the grand opening and it should be quite a party.”
Rick's Cabaret International has owned the club, formerly known as Playmates Gentleman's Club, since 2006. The club is located in the northeastern part of Austin just east of the busy I-35 corridor.
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