[7] The Lodge Casino, the company's $73-million joint venture with Black Hawk Gaming, opened in 1998, with Jacobs owning a 25 percent share.
[9] The company applied for a license to operate a casino in Orange County, Indiana, in 2003, but withdrew its bid in the face of stiff competition.
[12] Jacobs held discussions about buying New York racetrack Vernon Downs in 2005, and Casino Aztar Caruthersville in Missouri in 2007, but neither acquisition materialized.
[24][25] The Jacobses had begun purchasing shares in MTR Gaming in 2006, eventually accumulating an 18 percent stake in the company.
[30][31][32] The company soon began a $500-million plan to redevelop the corridor between the two casinos with mixed-use developments and retail and entertainment venues.
The track was sold to Revolutionary Racing, a Chicago-based group of investors and gaming executives, for a price of more than $20 million.