VCG Holding Corp. (Nasdaq:VCGH), a growing and leading consolidator and operator of adult nightclubs, announced today that it will release financial results for the first quarter ended March 31, 2010 before the market opens on Friday, May 14, 2010. The Company also plans to file its Form 10-Q for the first quarter of 2010 that same day. Troy Lowrie, Chairman and Chief Executive Officer, and Courtney Cowgill, Chief Financial Officer, will host a conference call that morning at 11:00 am Eastern Time / 9:00 am Mountain Time, to discuss the results.

To participate in the conference call, please dial (877) 266-0483 (domestic) or (707) 287-9342 (international) approximately 10 minutes before the call is scheduled to begin. A replay will be available from 2:00 pm Eastern Time May 14, 2010 until midnight May 17, 2010. To hear the teleconference replay dial (800) 642-1687 (domestic) or (706) 645-9291 (international). The pass code for the replay is 69135992. The conference call will also be broadcast live over the Internet. To listen to the call via the Internet and to view a copy of the Company's presentation that will be referenced during the call, please visit the Company's website at http://www.vcgh.com under the heading "Investor Relations", then "Events & Presentations" and follow the instructions at the web cast link. The archived web cast will be available shortly after the call on the Company's website.

About VCG Holding Corp.

VCG Holding Corp. is an owner, operator, and consolidator of adult nightclubs throughout the United States. The Company currently owns 20 adult nightclubs located in Anaheim, Indianapolis, St. Louis, Denver, Colorado Springs, Ft. Worth, Dallas, Raleigh, Minneapolis, Louisville, Miami, and Portland, ME.

The VCG Holding Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5105

CONTACT:  VCG Holding Corp.

Troy Lowrie, Chief Executive Officer
(303) 934-2424
TLowrie@VCGH.com
Courtney Cowgill, Chief Financial Officer
(303) 934-2424
CCowgill@VCGH.com
The Equity Group Inc.
Devin Sullivan, Senior Vice President
(212) 836-9608
DSullivan@EQUITYNY.com
Gerrard Lobo, Senior Account Executive
(212) 836-9610
GLobo@EQUITYNY.com

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