Net revenues for the fourth quarter of 2005 were $65.6 million compared to $49 million in the fourth quarter in the previous year. Net income for the fourth quarter of 2005 was $2.3 million compared to a net loss of $901,000 in the same quarter in the previous year. EBITDA for the fourth quarter ended December 31, 2005 was $11.2 million compared to $6.6 million for the fourth quarter of the prior year.

Net revenues for the year ended December 31, 2005 were approximately $234 million compared to $194 million for the year ended December 31, 2004. Net loss for the year ended December 31, 2005 was $4.7 million compared to net income of $3.9 million for the previous year. EBITDA for the year ended December 31, 2005 was approximately $29 million compared to $33.5 million for the prior year.

Jacobs Entertainment, Inc. will host a conference call to discuss its fourth quarter and year-end operating results. The conference call will be held at 3:00 p.m. Eastern Time on Friday, March 31, 2006, and will be hosted by Stephen R. Roark, President of Casino Operations and CFO for Jacobs Entertainment, Inc. (JEI) and Ian M. Stewart, President of Pari-Mutuel and Video Poker Operations, along with other members of the management team of various subsidiary companies of JEI.

To participate in the JEI conference call on Friday, March 31, 2006 at 3:00 p.m. Eastern Time, please dial (800) 289-0498 and give confirmation code #5978042. Please call 5-7 minutes before the call is to begin.

If you are unable to join the JEI conference call, you may access a replay of the call starting Friday, March 31, 2006 at 6:00 p.m. Eastern Time. To access the replay, please dial (888) 203-1112 and reference the confirmation code #5978042. The replay will run until 1:00 a.m. Eastern Time, Friday, April 7, 2006.

Based in Golden, CO, Jacobs Entertainment is the owner and operator of the Lodge Casino at Black Hawk, the Gilpin Hotel Casino in Black Hawk, The Gold Dust West Casino in Reno, Nevada (the casino properties), Colonial Downs Racetrack, nine related off-track wagering facilities and eleven truck plaza video gaming facilities located in Louisiana and a share in the gaming revenues of an additional truck plaza located in Louisiana.

Our business and financial performance are subject to a number of risks and uncertainties that might adversely affect our operating results in the future in a material way, such as the intensity of competition, our ability to meet debt obligations, regulatory compliance, taxation levels, effects of national and regional economic and market conditions, labor and marketing costs, success of our diversification plan and the successful integration of our operations.