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Las Vegas Businessman, Terry Caudill, Continues with the
Revitalization of the Four Queens Hotel & Casino
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Over $20 million in Improvements at the  Historic Downtown Property
Addition of the Canyon Club Brings New Energy and Live Music to Neon-Laden Downtown Icon

LAS VEGAS, March 13, 2007 - Since acquiring the Four Queens Hotel & Casino three years ago, local businessman, Terry Caudill, has invested over $20 million in the historic downtown property. Having remodeled its guest rooms and public areas, added new dining options, refreshed the casino floor and upgraded its gaming machines, the Four Queens announces its latest achievement -- the anticipated April opening of the Canyon Club.

The mastermind behind the successful launch of the House of Blues at the Mandalay Bay, Lance Sterling, reenters the market with the Las Vegas version of his prospering L.A. nightspot, the Canyon Club. Housed in 10,000 square feet accessible through the Four Queens hotel lobby or directly from Casino Center Boulevard, the downtown Vegas Canyon Club, offers a reasonably priced dinner menu and live entertainment nightly from dance bands, comedians and nationally known acts.
    
"The Four Queens has been a downtown Vegas icon for decades," said Caudill. "When I bought it, I knew the property needed added excitement and a little freshening to regain its luster and stay competitive in the market place. The addition of the Canyon Club goes a long way in helping to achieve those goals."

The addition of the Canyon Club is among the last phases of a reinvestment program that began with the casino's food and beverage offerings. Caudill, who also owns local eatery and brew pub, The Chicago Brewing Company, installed a smaller-scale version of the restaurant that includes a cigar bar inside the Four Queens. "As soon as the purchase was complete, we began to make changes," added Caudill. "Knowing we had an excellent high-end product with Hugo's Cellar, we looked to expand other food offerings with the addition of The Chicago Brewing Company and a walk-up deli and coffee bar."
    
Room renovations at the Four Queens also were completed recently, with new furniture, carpet, bedding, lighting and 32" high-definition flat-screen LCD TV's in every room. "We hired an interior designer to oversee the renovation," said Caudill. "We are excited about how the rooms turned out, and we are already receiving rave reviews from our guests."

"I applaud Terry Caudill for what he is doing with the Four Queens and believing in the future of downtown Las Vegas," said Mayor Oscar B. Goodman. "Downtown is the heart of Vegas, and the kind of investment that Terry is making is absolutely necessary for the continued success of a revitalized core to the city."
    
Caudill's plan to usher in 2007 with a completely revitalized and reinvigorated Four Queens is now substantially complete. Public areas still receiving attention include a remodeled casino cage, player's club center and VIP lounge, faster elevators and improvements to its entrances and parking garage.
    
About Four Queens
    
Four Queens Hotel & Casino is located in the heart of the Fremont Street Experience on Fremont Street and Casino Center Drive. The Four Queens offers 690 guest rooms and suites and award-winning dining at Hugo's Cellar, the Canyon Club its entertainment and dining venue, Magnolia's Veranda Cafe, Chicago Brewing Company and Cigar Bar and Queens Coffee and Deli.

Contact:

Four Queens Hotel & Casino
http://www.fourqueens.com/

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Also See: Casino Business a New Undertaking for Landry's Restaurants; Already Spent $100 million Sprucing Up the Downtown Las Vegas Golden Nugget / November 2006
Prospects for a New Hotel - Casino to Revitalize the Aging Las Vegas Downtown Market Appear Dim / March 2002
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