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Jacobs Reports Executive Appointments

Jacobs Entertainment, Inc. (JEI), an owner and operator of multiple gaming
properties, today announced that Ms. Teri Grandfield has joined JEI as Vice
President of Northern Nevada Operations. Ms. Grandfield is an industry
veteran and will be responsible for overseeing JEI’s three Nevada
properties: the Gold Dust West-Reno, the Gold Dust West-Elko and the Pinon
Plaza in Carson City, which is JEI’s latest acquisition. JEI also announced
that Mr. Mike Hachquet has joined the Company as General Manager of the Gold
Dust West-Elko. Mr. Hachquet is a long-time Elko resident and brings a great
deal of experience in the casino industry. He was formerly with the Red Lion
Hotel and Casino in Elko. Additionally, Lynne Keller has accepted the
position as General Manager for the Pinon Plaza in Carson City. Ms. Keller,
a 30-year industry veteran, was previously General Manager of Gold Dust
West-Reno.