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Jacobs Entertainment, Inc. is a
gaming Gaming may refer to: Games and sports The act of playing games, as in: * Legalized gambling, playing games of chance for money, often referred to in law as "gaming" * Playing a role-playing game, in which players assume fictional roles * Playing ...
,
hospitality Hospitality is the relationship of a host towards a guest, wherein the host receives the guest with some amount of goodwill and welcome. This includes the reception and entertainment of guests, visitors, or strangers. Louis de Jaucourt, Louis, ...
, and
entertainment Entertainment is a form of activity that holds the attention and Interest (emotion), interest of an audience or gives pleasure and delight. It can be an idea or a task, but it is more likely to be one of the activities or events that have deve ...
company based in
Golden, Colorado Golden is a home rule city that is the county seat of Jefferson County, Colorado, United States. The city population was 20,399 at the 2020 United States census. Golden lies along Clear Creek at the base of the Front Range of the Rocky Moun ...
, with properties in Louisiana, Colorado, Nevada, and Ohio.


History

The company was formed by
Cleveland Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located along the southern shore of Lake Erie, it is situated across the Canada–U.S. maritime border and approximately west of the Ohio-Pennsylvania st ...
real estate developer and former Ohio state representative
Jeff Jacobs Jeffrey P. Jacobs is a businessman and former member of the Ohio House of Representatives The Ohio House of Representatives is the lower house of the Ohio General Assembly, the state legislature of the U.S. state of Ohio; the other house of t ...
. In 1995, it announced a joint venture with Black Hawk Gaming & Development to build a casino hotel in
Black Hawk, Colorado Black Hawk is a home rule city located in Gilpin County, Colorado, United States. The population was 127 at the 2020 United States census, making it the least populous city (but not town) in Colorado. It was a mining settlement founded in 18 ...
. Jacobs was also reported to be exploring gaming opportunities in 10 other states, as well as
South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic O ...
and
Aruba Aruba, officially the Country of Aruba, is a constituent island country within the Kingdom of the Netherlands, in the southern Caribbean Sea north of the Venezuelan peninsula of Paraguaná Peninsula, Paraguaná and northwest of Curaçao. In 19 ...
. Later that year, the company purchased 50 percent of
Colonial Downs Colonial Downs is a Race track, racetrack located in New Kent County, Virginia adjacent to Interstate 64, halfway between Richmond, Virginia, Richmond and Williamsburg, Virginia, Williamsburg. The track conducted Thoroughbred flat racing and Stand ...
, a horse track under development in
New Kent, Virginia New Kent is a census-designated place (CDP) in and the county seat of New Kent County, Virginia, United States. The population as of the 2020 Census was 739. Cumberland Landing, Cumberland Plantation, and the Cumberland Marsh Natural Area Pr ...
, for $5 million, and was negotiating to purchase
River Downs Belterra Park, formerly known as River Downs, is a racino located in Anderson Township, Hamilton County, Ohio, just outside the southeast limits of Cincinnati. It is owned by Gaming and Leisure Properties and operated by Boyd Gaming. History Ri ...
, an Ohio horse track. In 1996, the company made a $9 million investment in the Boardwalk Casino on the
Las Vegas Strip The Las Vegas Strip is a stretch of Las Vegas Boulevard in Clark County, Nevada, that is known for its concentration of resort hotels and casinos. The Strip, as it is known, is about long, and is immediately south of the Las Vegas city limits ...
. The Lodge Casino, the company's $73-million joint venture with Black Hawk Gaming, opened in 1998, with Jacobs owning a 25 percent share. In 2002, Jacobs and his father, former
Cleveland Indians The Cleveland Guardians are an American professional baseball team based in Cleveland. The Guardians compete in Major League Baseball (MLB) as a member club of the American League (AL) American League Central, Central Division. Since , the team ...
owner Richard E. Jacobs, consolidated their gaming holdings into a reorganized Jacobs Entertainment, Inc., which simultaneously purchased all outstanding shares of Black Hawk Gaming & Development and Colonial Holdings. The combined company at that point owned The Lodge Casino and The Gilpin Casino in Black Hawk; The Gold Dust West Casino in
Reno, Nevada Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada–California border. It is the county seat and most populous city of Washoe County, Nevada, Washoe County. Sitting in the High Eastern Sierra foothills, ...
; Colonial Downs racetrack; and six truck stop casinos in Louisiana. The company applied for a license to operate a casino in
Orange County, Indiana Orange County is located in Southern Indiana, Southern Indiana in the United States. As of 2020, its population was 19,867. The county seat is Paoli, Indiana, Paoli. The County (United States), county has four municipal corporation, incorporate ...
, in 2003, but withdrew its bid in the face of stiff competition. It also made plans to develop a casino in
D'Iberville, Mississippi D'Iberville ( ) is a city in Harrison County, Mississippi, United States, immediately north of Biloxi, across the Back Bay. The population was 12,721 at the 2020 census. It is part of the Gulfport-Biloxi Metropolitan Area. Etymology It is nam ...
, but pulled out of the project in 2004. Jacobs held discussions about buying New York racetrack
Vernon Downs Vernon Downs is a horse racing track, racino and entertainment facility located in the town of Vernon in central New York, United States. The track was established in 1953 and in 1955 was the location that Adios Harry ran his "Miracle Mile". A ...
in 2005, and
Casino Aztar Caruthersville Century Casino & Hotel Caruthersville, formerly Lady Luck Casino Caruthersville, is a land-based casino and hotel in Caruthersville, Missouri. It is owned by Vici Properties and operated by Century Casinos. Missouri's first non-floating casino ...
in Missouri in 2007, but neither acquisition materialized. In 2006, Jacobs spent over $2 million in support of an Ohio ballot measure that would have authorized the company to open a casino at the
Nautica Entertainment Complex Jacobs Pavilion (originally Nautica Stage, later Scene Pavilion, The Plain Dealer Pavilion and Nautica Pavilion) is an open-air amphitheater located on the west bank of The Flats in Cleveland, Ohio. The venue is part of the Nautica Waterfront Dis ...
, owned by Jeffrey Jacobs. The measure would ultimately fail. In later years, Jacobs' expanded Cleveland properties would be collectively renamed as the Nautica Waterfront District. Jacobs purchased the Piñon Plaza casino in
Carson City, Nevada Carson City, officially the Carson City Consolidated Municipality, is an Independent city (United States), independent city and the capital of the U.S. state of Nevada. As of the 2020 United States census, 2020 census, the population was 58,63 ...
, in 2006 for $14.5 million, and rebranded it as the Gold Dust West Carson City. The company opened its third casino under the Gold Dust West name in
Elko, Nevada Elko is a city in and the county seat of Elko County, Nevada, United States. As of the official 2020 U.S. Census, the city has a population of 20,564. Elko serves as the center of the Ruby Valley, a region with a population of over 55,000. Elko ...
, in 2007. In 2008 and 2009, the company bought out the shares of Richard E. Jacobs, leaving his son as the sole owner. The company acquired the Nautica Entertainment Complex from Jeffrey Jacobs in phases between 2008 and 2012. It then purchased the
Greater Cleveland Aquarium Greater Cleveland Aquarium is an aquarium in Cleveland, Ohio. Occupying the first floor of the historic FirstEnergy Powerhouse building located on the west bank of the Cuyahoga River in the city's Flats district, the aquarium, which opened in ...
, located in the complex, in 2014. Jacobs offered itself for sale to MTR Gaming in 2013 for $145 million in stock, but withdrew the offer after MTR agreed to be acquired by
Eldorado Resorts Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada, that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corpora ...
. The Jacobses had begun purchasing shares in MTR Gaming in 2006, eventually accumulating an 18 percent stake in the company. Later in the year, Jacobs made a competing offer to buy MTR, and then withdrew it after Eldorado increased its offer. Since 2008, Jacobs has pursued plans to develop a casino in
Diamondhead, Mississippi Diamondhead is a city in southeastern Hancock County, Mississippi, United States. The city is located just over northeast of New Orleans, Louisiana. It is part of the Gulfport−Biloxi Metropolitan Statistical Area. In February 2012, Diamo ...
. The state gaming commission rejected the proposal in March 2017, but the company filed an appeal. Jacobs purchased the Sands Regency Casino Hotel in Reno, a few blocks away from the Gold Dust West Casino, for $30 million in July 2017. The company soon began a $500-million plan to redevelop the corridor between the two casinos with
mixed-use developments Mixed use is a type of urban development, urban design, urban planning and/or a zoning classification that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions a ...
and retail and entertainment venues. In April 2018, Jacobs sold Colonial Downs, which had been closed since 2014. The track was sold to Revolutionary Racing, a Chicago-based group of investors and gaming executives, for a price of more than $20 million.


Properties

175px, The First Energy Powerhouse Building in Cleveland - home to Windows on the River and the
Greater Cleveland Aquarium Greater Cleveland Aquarium is an aquarium in Cleveland, Ohio. Occupying the first floor of the historic FirstEnergy Powerhouse building located on the west bank of the Cuyahoga River in the city's Flats district, the aquarium, which opened in ...


Louisiana

* Cash Magic Truck Plaza & Casino – 23 truck stop casinos located throughout the state.


Black Hawk, Colorado Black Hawk is a home rule city located in Gilpin County, Colorado, United States. The population was 127 at the 2020 United States census, making it the least populous city (but not town) in Colorado. It was a mining settlement founded in 18 ...

* The Gilpin Casino * The Lodge Casino


Nevada Nevada ( ; ) is a landlocked state in the Western United States. It borders Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the seventh-most extensive, th ...

* Gold Dust West Casinos **
Carson City Carson City, officially the Carson City Consolidated Municipality, is an independent city and the capital of the U.S. state of Nevada. As of the 2020 census, the population was 58,639, making it the 6th most populous city in the state. The m ...
** Elko **
Reno Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada–California border. It is the county seat and most populous city of Washoe County, Nevada, Washoe County. Sitting in the High Eastern Sierra foothills, ...
* J Resort
Reno Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada–California border. It is the county seat and most populous city of Washoe County, Nevada, Washoe County. Sitting in the High Eastern Sierra foothills, ...
(formerly Sands Regency Casino Hotel) * Reno's Neon Line District –
Reno Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada–California border. It is the county seat and most populous city of Washoe County, Nevada, Washoe County. Sitting in the High Eastern Sierra foothills, ...
* The Glow Plaza –
Reno Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada–California border. It is the county seat and most populous city of Washoe County, Nevada, Washoe County. Sitting in the High Eastern Sierra foothills, ...


Cleveland, Ohio Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, Ohio, Cuyahoga County. Located along the southern shore of Lake Erie, it is situated across the Canada–United States border, Canada–U.S. maritime border ...

Nautica Waterfront District - West Bank of
The Flats The Flats is a mixed-use industrial, recreational, entertainment, and residential area of the Cuyahoga Valley neighborhood of Cleveland, Ohio, U.S. The name reflects its low-lying topography on the banks of the Cuyahoga River. History Early ...
*
Greater Cleveland Aquarium Greater Cleveland Aquarium is an aquarium in Cleveland, Ohio. Occupying the first floor of the historic FirstEnergy Powerhouse building located on the west bank of the Cuyahoga River in the city's Flats district, the aquarium, which opened in ...
*
Jacobs Pavilion Jacobs Pavilion (originally Nautica Stage, later Scene Pavilion, The Plain Dealer Pavilion and Nautica Pavilion) is an open-air amphitheater located on the west bank of The Flats in Cleveland, Ohio. The venue is part of the Nautica Waterfront Dist ...
* Windows on the River (
banquet hall A banquet hall, function hall, or reception hall, is a special purpose room, or a building, used for hosting large social and business events. Typically a banquet hall is capable of serving dozens to hundreds of people a meal in a timely fashion. P ...
) * Shooters Waterfront Cafe * Improv Comedy Theater & Restaurant * M/V Lady Caroline ( dining cruise boat based/docked at Nautica) * Nautica Tennis Courts


Former

*
Colonial Downs Colonial Downs is a Race track, racetrack located in New Kent County, Virginia adjacent to Interstate 64, halfway between Richmond, Virginia, Richmond and Williamsburg, Virginia, Williamsburg. The track conducted Thoroughbred flat racing and Stand ...
New Kent County, Virginia New Kent County is a county in the southeastern part of the Commonwealth of Virginia. As of the 2020 United States census, its population was 22,945. Its county seat is New Kent. New Kent County is located east of the Greater Richmond Region ...
(sold in 2018) * Lolly the Trolley –
Cleveland, Ohio Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, Ohio, Cuyahoga County. Located along the southern shore of Lake Erie, it is situated across the Canada–United States border, Canada–U.S. maritime border ...
(closed in 2022) * M/V Nautica Queen – (dining cruise boat replaced by Lady Caroline in 2023)


References


External links

* {{Official website, http://jacobsentertainmentinc.com/, Jacobs Entertainment, Inc. Companies based in Golden, Colorado Gambling companies of the United States Hospitality companies of the United States