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EX-10.35 - SPECIFIC PERFORMANCE REAL ESTATE SALES CONTRACT - JACOBS ENTERTAINMENT INCd310117dex1035.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The

Securities Exchange Act of 1934

Date of Report (date of earliest event reported): February 24, 2012

 

 

JACOBS ENTERTAINMENT, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   333-88242   34-1959351
(State or Other Jurisdiction   (Commission   (IRS Employer
of Incorporation)   File Number)   Identification No.)

 

17301 West Colfax Ave, Suite 250

Golden, Colorado 80401

(Address of principal executive offices)

Registrant’s telephone number, including area code 303-215-5200

(Former name of former address, if changed since last report

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provision.

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On February 24, 2012, Jacobs Entertainment, Inc. (the “Registrant”) entered into a Specific Performance Real Estate Sales Contract among the Registrant, Dakota Blackhawk, LLC and Miner’s Mesa Development, LLC wherein the Registrant agreed to purchase approximately 45 acres of land located in the City of Black Hawk, Colorado (with approximately 2 acres within the casino gaming district) for an aggregate purchase price of $7,500,000. The transaction is expected to close on or before January 31, 2013.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

 

Exhibit
No.

  

Description

10.35    Specific Performance Real Estate Sales Contract, dated as of February 24, 2012, among the Registrant, Dakota Blackhawk, LLC and Miner’s Mesa Development, LLC.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    JACOBS ENTERTAINMENT, INC.
Date: March 1, 2012       /s/    BRETT A. KRAMER        
    By:   Brett A. Kramer
    Its:   Chief Financial Officer