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PART I Item 1. Business Introduction Jacobs Entertainment, Inc. (âJacobs Entertainmentâ) was formed as a Delaware corporation on April 17, 2001. We are a geographically diversified gaming and pari-mutuel wagering company with properties in Colorado, Louisiana, Nevada and Virginia.
The Hertz Corporation, originally known as Rent-a-Car Inc., was founded by Chicago, Illinois native Walter L. Jacobs in 1918. This small car rental operation began with a dozen Model T Ford cars. Within five years, Jacobâs fleet expanded to 600 vehicles - generating annual revenues of approximately $1 million USD.