Club owner Michael Rose launching new partnership, Millenium Cabaret, at same location
Gold Club owner Michael Rose, who pleaded guilty Jan. 25 to dozens of counts of money laundering and racketeering using his businesses, said this week he is selling his location on the south end of Hilton Head at the same time he launches a new adult entertainment brand, Millenium Cabaret.
A Stephanie Rose, whose relationship to Michael Rose
is unclear, applied for a business license Monday for 1 Dunnagans Alley under the same name, Millenium Cabaret, owned by South Island Restaurants LLC
, according to Bruce Seeley, the town's inspections, collections and audits manager.
However, Michael Rose said earlier this week he would only operate The Gold Club on Hilton Head until the new owner - who he would not name - secured a permit.
While Michael Rose
joined the operation on Dunnagans Alley in 2011, Thomas had run a strip club there since 2011, when it was called Thee Diamond Club
, according to town records.
and Thomas did not respond to requests for comment Wednesday.
A sample of tweets by Michael Rose under the handle @goldclubmike:
has periodically tweeted about Hilton Head's Gold Club
says The Gold Club
is not involved in the upcoming Millenium Cabaret partnership, which he
announced on Twitter on Dec. 11.
"One of the biggest deals I have ever made in my life," he
wrote under the handle @goldclubmike.
That venture launches Thursday, he
said in another tweet.
"There was never a point where I had to think about whether to be or not to be in this industry," he
wrote in an email Monday.
is scheduled to be sentenced May 31, along with another co-defendant who pleaded guilty to multiple counts of money laundering on Jan. 5, according to court records.