09.5.08

SCORES SETTLED


Rick’s or Scores, as long as glitter is still being applied to cleavage, everyone’s happy.

The long-running sale of Scores to Rick’s Cabaret is finally concluded, with Rick’s taking over the establishment after a renegotiation of the terms of sale. What does this mean for you, the consumer? In a word: boobs. They’ll continue to be found a-plenty at the venue. Really, what more could anyone ask?

By Jason Scavone

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08.21.08

RICK’S CLOSING IN ON SCORES

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This might happen eventually. Maybe.

With the tentative July 25 changeover date long gone, Rick’s Cabaret has announced that it and the landlord and seller of Scores Las Vegas have settled their differences over the assignment of the property’s lease, which affected the issuance of permits. Closing on the deal is expected within five days of the final permits being issued.

It’s a shame, too, because truckloads of fishnet and glitter shipments have been on hold pending a resolution to this takeover.

By Jason Scavone

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07.1.08

ONE MORE TIME!


This gives everyone a couple more weeks to buy new acrylic, six-inch platform shoes.

After one delay, Scores Las Vegas was supposed to be transferred over to Rick’s Cabaret tomorrow, but now it looks like July 25 will be the new closing date, or within five days of the proper permits being issued. The original deal called for $16 million in cash and a $5 million debenture, but it has been restructured as $12 million in cash, a $5 million debenture and a $4 million promissory note. Which is to say, for every $20 lap dance you get, instead of roughly $5 going toward the debenture, now $10 will go to repaying loans. We’re not factoring the cost of stripper glitter into all this, because we assume it’s a tax write-off.

By Jason Scavone

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06.10.08

SCORES GETS ANOTHER MONTH

scores.jpg
Soldiering on in the face of uncertain adversity. Because they’re professionals, dammit.

Rick’s Cabaret has pushed back the closing date on its acquisition of Scores Las Vegas to July 2. It was originally scheduled for today. According to a press release, the delay is to allow time for permits to be transferred. Don’t worry, lap dances will still be conducted in the meantime.

By Jason Scavone

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04.18.08

RICK’S CABARET BUYING SCORES


Not to be confused with Rick’s Cafe Americain.

Scores Las Vegas will be sold to national adult nightclub operator Rick’s Cabaret for $21 million. If only someone had told us it was for sale, we would’ve held a bake sale or something. It could’ve been the culmination of a dream we’ve had since we were a little tyke.

Closing on the deal is scheduled for June 10, and includes an option for Rick’s to buy the land on which the club sits. Rick’s Cabaret operates 18 clubs nationwide, including 11 in Texas. According to spokesman Allan Priaulx, the club will be rebranded as Rick’s Cabaret Las Vegas sometime shortly after the completion of the sale.

By Jason Scavone

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