**EXHIBIT 4.7A**

 

**AMENDMENT TO SECURITY AGREEMENT**

 

This Security Pledge Amendment, dated as of December 21, 2005, isdelivered pursuant to Section 5.1 of that certain security agreement (asamended, amended and restated, supplemented or otherwise modified from time totime, the “Security Agreement”; capitalized terms used and not otherwisedefined herein shall have the meanings assigned to such terms in the SecurityAgreement), dated as of February 8, 2002, among Jacobs Entertainment, Inc.(formerly known as Gameco, Inc.) (the “Issuer”), the undersigned, the otherGuarantors from time to time party thereto and Wells Fargo Bank, NationalAssociation, as Trustee (in such capacity and together with any successors insuch capacity, the “Trustee”). The undersigned hereby agrees that thisPledge Amendment may be attached to the Security Agreement and that the PledgedSecurities and/or Intercompany Notes listed on this Pledge Amendment shall bedeemed to be and shall become part of the Pledged Collateral and shall secureall Secured Obligations.

 

PLEDGED SECURITIES

 
| **ISSUER**                                   | ** ** | **CLASS  OF STOCK  OR  INTERESTS** | ** ** | **CERTIFICATE  NO(S).** | ** ** | **PERCENTAGE OF ALL  ISSUED CAPITAL OR  OTHER EQUITY  INTERESTS OF ISSUER** | ** ** |
|----------------------------------------------|------------|------------------------------------|------------|-------------------------|------------|-----------------------------------------------------------------------------|------------|
| ** **                                   | ** ** | ** **                         | ** ** | ** **              | ** ** | ** **                                                                  | ** ** |
| Jacobs Piñon  Plaza Entertainment, Inc. |       | Common Stock                       |       | 1                       |       | 100                                                                         | %          |

 

INTERCOMPANY NOTES

 
| **ISSUER** | ** ** | **PRINCIPAL  AMOUNT** | ** ** | **DATE OF  ISSUANCE** | ** ** | **INTEREST  RATE** | ** ** | **MATURITY  DATE** | ** ** |
|------------|------------|-----------------------|------------|-----------------------|------------|--------------------|------------|--------------------|------------|
|       |       |                  |       |                  |       |               |       |               |       |
|       |       |                  |       | None                  |       |               |       |               |       |

 

[Signature Page Follows]

 

----

 
|                                               | JACOBS ENTERTAINMENT, INC., a  Delaware corporation, as Pledgor |
|----------------------------------------------------|-----------------------------------------------------------------|
|                                               |                                                            |
|                                               |                                                            |
|                                               | By:                                                             | /s/ Jeffrey P. Jacobs |   |
|                                               |                                                            | Name: Jeffrey P. Jacobs |
|                                               |                                                            | Title:  President |
|                                               |                                                            |   |
|                                               |                                                            |
| AGREED TO AND ACCEPTED:                            |                                                            |
|                                               |                                                            |
| WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee |                                                            |
|                                               |                                                            |
|                                               |                                                            |
| By:                                                | /s/ Joseph P. O’Donnell                                    |   |   |
|                                               | Name:                                                           | Joseph P. O’Donnell |   |   |
|                                               | Title:                                                          | Vice President |   |   |

 

2

----