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HOME > NEWS > Investor News > Famed Moulin Rouge Resort and Casino to return

Famed Moulin Rouge Resort and Casino to return

11 June 2014

NEW YORK -- (PRESS RELEASE) -- M announced today its plans to reintroduce the Moulin Rouge to Las Vegas, Nevada and restore the famed resort and casino to its glory, updated for the 21st century. As part of that process, the Moulin Rouge is open today for one day of gaming in support of its gaming license as required by Nevada law.

When it opened in 1955, the Moulin Rouge was the first racially-integrated casino in the United States. It was home to such luminaries as Sammy Davis Jr., Ella Fitzgerald, Nat "King" Cole, Lionel Hampton, Harry Belafonte, Duke Ellington, Pearl Bailey, Count Basie and Louis Armstrong, who performed at venues on the Las Vegas Strip but were not allowed to socialize or stay there. The Moulin Rouge marked a new beginning for Las Vegas, and it became an instant sensation, drawing entertainers, celebrities and patrons from all walks of life and all regions of the country, regardless of color.

As the only entertainment site in the United States recognized on the U.S. National Register of Historic Places for its significance to the Civil Rights Movement, the Moulin Rouge is a piece of history - one that cannot be replicated anywhere in the world.

GCA Leisure has extensive plans to develop a new and vibrant Moulin Rouge Resort and Casino on more than 15 acres of this landmark ground, promising to be one of the premier entertainment, hotel, dining and gaming destinations in Las Vegas. The project also will include online and mobile gaming, music and film recording venues, a digital content creation facility and an institute of learning.

"The Moulin Rouge will be an integral part of the Las Vegas resurgence and Downtown development," said Robert Pickus, chief executive officer of GCA Leisure. "It will offer a comprehensive, must-see experience in a boutique package -- authentic, original and compelling for its history and its future."

The GCA Leisure team is comprised of casino industry and Wall Street veterans with decades of experience in developing and executing complex projects.

"GCA Leisure has been actively involved in this historic project for more than two and a half years, resolving numerous legal, title and regulatory issues," said George Dolatly, managing director and general counsel of GCA Leisure. "Now, we are honored and well-positioned to bring this project to the next level as we continue to move forward in reviving and modernizing the Moulin Rouge."

GCA Leisure is currently in discussions with several potential partners for the Moulin Rouge.

Dan Rubino, chairman of GCA Leisure, stated: "We are excited to invite and welcome entertainment, sports and technology industry leaders who share the vision for this symbol of equality, inclusion and unity, and who wish to participate in something extraordinarily positive and compelling."

About GCA Leisure, LLC
GCA Leisure, LLC operates in the hospitality, gaming and entertainment development industries. GCA Leisure's activities include all aspects of project development, mergers and acquisitions and strategic planning. GCA develops proprietary projects and advises on existing and potential projects, including land-based, Native American and online operations. GCA Leisure is a wholly-owned subsidiary of GCA Capital Group, LLC, a diversified financial services, business development and advisory firm.

 
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