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cashman casino level 70(Image: Jacobs Entertainment)The Reno City Council this week voted in favor of selling two downtown parcels to the privately held Colorado-basednearest casino in kentucky gaming and hospitality firm.Reno Betters OfferJacobs’ original bid for both downtown Reno properties was a measly 0,000.As is the case with other comparable operators, such as Boyd Gaming (NYSE:BYD) and Golden Entertainment (NASDAQ:GDEN), Red Rock realized significant margin expansion as a result of the pandemic.roulette casino chipsShould Jacobs Entertainment sell either property in the future, Reno stands to collect 25 percent of the net proceeds.Jacobs is amid a redevelopment initiative dubbed the Neon Line.” Jacobs acquired the Reno casino resort in 2017 for million from Truckee Gaming.resorts casino new jersey

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