VCG Holding Corp. to Move to the NASDAQ Global Market

  
    
  
  
    
      VCG Holding Corp. (AMEX: PTT), a growing and leading consolidator 
      and operator of adult nightclubs, today announced it has been approved 
      to move the listing of its common stock from the American Stock Exchange 
      to The NASDAQ Global Market®. The Company 
      anticipates that its common stock will commence trading on NASDAQ under 
      the symbol "VCGH" on December 28, 2007.
    
    
      Troy Lowrie, Chairman and CEO of VCG Holding, stated “We 
      elected to transfer our listing after careful consideration of the 
      capital market alternatives, input from institutional investors and an 
      analysis of the electronic market model. NASDAQ promotes innovation and 
      attracts leading growth companies from a diverse group of sectors. We 
      are looking forward to being a part of The NASDAQ Global Market® 
      and the world’s largest electronic stock 
      market.”
    
    
      Bob McCooey, SVP of NASDAQ New Listings said: "VCG Holding Corp is a 
      fast growing company with an excellent outlook. We are honored that they 
      have selected NASDAQ, the home of many industry leaders, as the best 
      market for their investors."
    
    
      About VCG Holding Corp.
    
    
      VCG Holding Corp. is an owner, operator and consolidator of adult 
      nightclubs throughout the United States. The Company currently owns 18 
      adult nightclubs and one upscale dance lounge. The night clubs are 
      located in Indianapolis, IN, St. Louis, MO, Denver and Colorado Springs, 
      CO, Ft. Worth and Dallas, TX, Raleigh, NC, Minneapolis, MN, Louisville, 
      KY, Portland, ME, and Miami, FL.
    
    
      Forward-Looking Statements:
    
    
      Certain statements in this release are forward-looking statements within 
      the meaning of the Securities Litigation Reform Act of 1995. Such 
      statements are based on current expectations, estimates and projections 
      about the Company’s business based, in part, 
      on assumptions made by management. These statements are not guarantees 
      of future performance and involve risks and uncertainties that are 
      difficult to predict. Therefore, actual outcomes and results may differ 
      materially from what is expressed or forecasted in such forward-looking 
      statements due to numerous factors identified from time to time in the 
      Company’s reports with the Securities and 
      Exchange Commission, including our Annual Report on Form 10-KSB for the 
      year ended December 31, 2006. All forward-looking statements 
      attributable to us or any persons acting on our behalf are expressly 
      qualified in their entirety by these cautionary statements. All guidance 
      and forward-looking statements in this press release are made as of the 
      date hereof and we do not undertake any obligation to update any 
      forecast or forward-looking statements, except as may be required by law.