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Jacobs Entertainment, Inc. Announces Shift in Racetrack Investment Strategy, Sale of Colonial Downs.

Publication: PR Newswire
Publication Date: 13-JAN-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
GOLDEN, Colo., Jan. 13 /PRNewswire/ -- Jacobs Entertainment, Inc., an owner and operator of multiple gaming properties, today announced that it will reposition its racetrack portfolio to include only racetrack facilities that feature multiple forms of gaming.

Consistent with this change in strategy, Jacobs Entertainment today announced that it is selling Virginia-based Colonial Downs. Consisting of a statewide network of nine off-track wagering...

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