Jacobs Entertainment
Results Mixed
Jacobs Entertainment, Inc.
(JEI), an owner and operator of multiple gaming
properties, today announced unaudited financial
results for its second quarter and six-month period
ended June 30, 2005.
Net revenue for the second quarter of 2005 was
$56.8 million compared to $49.0 million in the second
quarter in the previous year. Net income for the
second quarter of 2005 was $720,000 compared to
net income of $2.4 million in the same quarter in
the previous year.
Net revenue for the six-month period ended June
30, 2005 was $107.9 million compared to $95.2 million
for the six-month period ended June 30, 2004. Net
income for the six-month period ended June 30, 2005
was $1.8 million compared to $5.9 million for the
same period in the previous year.
JEI will host a conference call to discuss its
second quarter and six- month 2005 operating results.
The conference call will be held at 11:00 a.m. Eastern
Time on Friday, August 12, 2005, and will be hosted
by Stephen R. Roark, President of Casino Operations
and CFO for 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.
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