Jacobs Entertainment Extends Offer Deadline

Jacobs Entertainment, Inc. ("Jacobs Entertainment") announced today that, in connection with its previously announced tender offer and consent solicitation (the "Offer") for any and all of its outstanding principal amount of 11 7/8% Senior Secured Notes due 2009 (the "Notes"), it has amended the Offer to extend the Expiration Time (as such term is defined in the Offer to Purchase and Consent Solicitation Statement, dated May 12, 2006, as amended and supplemented (the "Statement")). As a result, the Offer will expire at 12:00 midnight, New York City time, on June 15, 2006, unless terminated earlier or extended further by Jacobs Entertainment. The Offer was previously scheduled to expire at 12:00 midnight, Eastern time, on June 12, 2006. As of 5:00 p.m., Eastern time, on June 12, 2006, holders of $142 million in aggregate principal amount, representing approximately 96% of aggregate principal amount of Notes outstanding, had validly tendered, and not validly withdrawn, their Notes and related consents. Except for the extension of the Expiration Time as described above, the Statement remains in full force and effect.

Credit Suisse Securities (USA) LLC is acting as the Dealer Manager for the tender offer and consent solicitation for the Notes. Questions regarding the tender offer or consent solicitation may be directed to Credit Suisse Securities (USA) LLC at (800) 820-1653 (toll-free) or at (212) 325-3784. D.F. King & Co., Inc. is acting as the Information Agent for the tender offer and consent solicitation for the Notes. Questions regarding the tender offer and consent solicitation and requests for documents related to the tender offer and consent solicitation may be directed to D.F. King & Co., Inc. at (212) 269-5550 (for brokers and banks) or (800) 290-6429 (for all others).

Neither the Board of Directors of Jacobs Entertainment nor any other person makes any recommendation as to whether holders of Notes should tender their Notes or provide the related consents, and no one has been authorized to make such a recommendation. Holders of Notes must make their own decisions as to whether to tender their Notes and provide the related consents, and if they decide to do so, the principal amount of the Notes to tender.

This announcement shall not constitute an offer to purchase or a solicitation of an offer to sell any securities. The Offer is being made only through and subject to the terms and conditions set forth in the Statement and related materials. Holders of the Notes should read carefully the Statement and related materials before any decision is made with respect to the tender offer beca

2006-06-13