Rick's Cabaret a Victim of Minn. Gov't. Shutdown

MINNEAPOLIS — Gentlemen's club Rick's Cabaret has become a victim of Minnesota's government shutdown.

The publicly traded group of gentlemen's clubs says Minnesota's government shutdown, now in its second week, is preventing it from completing a transaction that would give it control of Shiek's Palace Royale, a popular Minneapolis gentlemen's club.

The company was scheduled to finalize its $2.9 million purchase of Shiek's Palace Royale from a subsidiary of VCG Holdings. But closing on the transaction has been delayed indefinitely because state workers are not available to issue required permits.

"We have received all the necessary approvals from the Minneapolis city authorities, but we haven't been able to obtain necessary state liquor permits because of the shutdown, and thus we can't finalize our acquisition," said Eric Langan, CEO of   Houston-based Rick's Cabaret International Inc. "As soon as the Legislature and Gov. Dayton work out their differences, the licensing bureaus will go back to work and we'll be able to put dozens of topless dancers on the stage and begin contributing much-needed tax dollars to the state coffers.

"We're ready to transform Shiek's Palace Royale into a venue that fits our profile of upscale facilities offering a premier entertainment experience. We just hope the state can resolve the current impasse so that we can finish this acquisition and get to work."

Rick's Cabaret operates nightclubs in New York City, Miami, Philadelphia, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names Rick's Cabaret, XTC, Club Onyx and Tootsie's Cabaret. It also owns Exotic Dancer and Storerotica.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Blush Introduces 'Splash' Vibe

Blush has debuted its new duck-themed Splash vibrator.

SVibe Debuts 2 New Vibrators

SVibe has introduced two new vibrators.

ProDx Health Introduces 'Power Femme' Test

ProDx Health has introduced its new Power Femme Home Collection Kit.

Orion Expands Cottelli 'Accessoires' Line

Orion Wholesale has introduced five new “It” pieces from its Cottelli Accessoires line.

ANME Wraps With Product Drops and Partnerships

ANME wrapped on Wednesday, the event’s third day, after delivering a mix of product launches, power meetings and networking — all while preserving the laid-back vibe that attendees say always makes ANME feel like a homecoming.

Playharda Wholesale, Secret Dome Ink U.K. Distro Deal

Playharda Wholesale and BDSM brand Secret Dome have signed a deal for UK distribution.

Hankey's Toys Releases 'Kitsune's Knot' Dildo

Mr. Hankey's Toys has introduced its new Kitsune’s Knot dildo.

Velvet Thruster Signs Distro Deal With ECN

Velvet Thruster has inked a distribution deal with East Coast News (ECN).

Kiiroo Introduces New Agatha Vega Stroker

Kiiroo has debuted the new Agatha Vega stroker sleeve from its FeelStar line.

'Groove Thing' Sets Kickstarter Funding Record for Insertable Pleasure Product

Groove Thing, an insertable pleasure product that plays audio, has set a funding record on Kickstarter.

Show More