RCI finalizes purchase of site for Rick's Cabaret Steakhouse & Casino

Author: Live Casino Direct
 
RCI finalizes purchase of site for Rick's Cabaret Steakhouse & Casino
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RCI Hospitality Holdings Inc. has completed the purchase of a building at 130 Main Street in Central City, Colorado for its new, planned restaurant and casino, Rick’s Cabaret Steakhouse & Casino. The company purchased the site for 2.4 million US dollars in cash.

Rick's Cabaret Steakhouse & Casino will be 30.000 square feet tall and it will have 175 slot machines, a craps table, one roulette table and six blackjack tables. It will improve gross gaming revenue from clubs in Illinois and Louisiana.

RCI has bought the site for Rick's Cabaret Steakhouse & Casino in Colorado. The company and its subsidiaries are known across the U.S. with more than 60 locations including restaurants, adult clubs and sports bars.

RCI subsidies applied for a gaming license in Central City. Central is one of three cities in Colorado where gambling is legalized. RCI finalizes purchase of site for Rick's Cabaret Steakhouse & Casino.

Central City, Cripple Creek and Black Hawk have legalized gambling since 1991. Colorado legalized sports betting in 2020 and removed all statewide betting restrictions in 2021. Central City had more than 80 million US dollars in gaming and non-gaming revenue last year.

RCI Hospitality Holdings is a leading company in adult nightclubs, sports bars and restaurants. It was founded in 1983 and officially launched in 1995. The company has established its brand through fine dining, highly innovative casino, video slot games and sports betting portfolio.