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EXHIBIT 12.1

Calculation of Ratio of Earnings to Fixed Charges

        Jacobs Entertainment, Inc. ratio of earnings to fixed charges for the years ended 2000 through 2004 and for the three month peirods ended March 31, 2004 and 2005.

		As of and for Year Ended December 31,														As of and for the Three Months Ended March 31,
		2000			2001			2002		2003			2004			2004			2005
		(in thousands, except ratio data)
Earnings:
	(Loss) income before equity earnings of investments and minority interests	$	(1,108	)	$	(45	)	$	4,745	$	2,631		$	3,891		$	3,455		$	1.098
	Add: Fixed charges		3,206			4,831			18,703		20,327			20,468			5,052			5,429
	Add: Amortization of capitalized interest		59			59			59		62			65			16			16
	Add: Distributed income of equity investees		2,500			6,208			126
	Less: Interest capitalized										(140	)		(110	)		(1	)		(4	)
Total Earnings		$	4,657		$	11,053		$	23,633		22,880		$	24,314		$	8,522		$	6,539
Fixed Charges:
	Interest expense	$	2,519		$	4,230		$	18,300	$	19,645		$	19,705		$	4,892		$	5,263
	Interest capitalized										140			110			1			4
Amortization of capitalized expenses related to indebtedness			28			4
Estimated interest on rental expense			659			597			403		542			653			159			162
Total Fixed Charges		$	3,206		$	4,831		$	18,703	$	20,327		$	20,468		$	5,052		$	5,429
Ratio of Earnings to
	Fixed Charges		1.45			2.29			1.26		1.13			1.19			1.69			1.20

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Calculation of Ratio of Earnings to Fixed Charges