Document:

EXHIBIT 4.1

                              CONSULTING AGREEMENT

     AGREEMENT (the "Agreement") is made and entered into this 24th day of July,
2002, by and between Pacific Magtron  International  Corp., a Nevada corporation
(the "Company"), and Brien G. Reidy (the "Consultant").

                                R E C I T A L S :

     WHEREAS, the Company desires to obtain Consultant's  consulting services in
connection  with  the  evaluation  of the  Company's  business  and  management,
identification  and assistance in evaluating  future business  opportunities and
acquisitions, and the other matters set forth in this Agreement; and

     WHEREAS,  Consultant  desires  to  provide  such  services  to the  Company
directly for a fee that will  compensate  Consultant for time spent for services
rendered and costs advanced by Consultant as contemplated in this Agreement.

     NOW,  THEREFORE,  in  consideration  of the  foregoing  and  of the  mutual
promises and conditions hereinafter set forth, the parties agree as follows:

     1.  RETENTION  OF  CONSULTANT.  The  Company  hereby  engages  and  retains
Consultant  and  Consultant  hereby agrees to use  Consultant's  best efforts to
render to the Company the consulting services for a period of one hundred eighty
(180) days from the date of this Agreement or such additional  periods as agreed
upon in writing by the parties.

     2. CONSULTANT'S SERVICES.  Consultant's services under this Agreement shall
consist of the following:

          2.1 Review and analyze strategic business and financial plans relating
to the Company;

          2.2 Review and analyze the Company's operations,  business,  financial
condition and prospects;

          2.3 Review and  analyze the  advisability,  price or  structure  of an
acquisition or of the disposition of any of the Company's assets; and

          2.4 Participate, advise and assist in negotiations between the Company
and prospective acquisition candidates.

     3. PAYMENT FOR SERVICES.  The Company shall pay Consultant for the services
to be  rendered  hereunder  by issuing  Consultant  two options  exercisable  to
purchase Common Stock (each an Option, collectively, the "Options"). The Options
shall have the following terms:

          3.1 The first  Option  shall be  exercisable  to purchase  one hundred
thousand  (100,000)  shares of the Company's  Common Stock,  par value $.001 per
share, at $.65 per share.  The Option will expire on September 22, 2002, at 5:00
p.m. PST and shall be deemed to have a value of $1,000.
<PAGE>
          3.2 The second  Option  shall be  exercisable  to purchase one hundred
thousand  (100,000)  shares of the Company's  Common Stock,  par value $.001 per
share,  at $1.00 per  share.  This  Option  shall  vest and  become  exercisable
beginning  30 days from the date of this  Agreement  and shall expire on October
22,  2002 at 5:00  p.m.  PST.  This  Option  shall be  deemed to have a value of
$1,000.

          3.3 The Options may be exercised in whole or in part from time to time
by delivering written notice, via facsimile, with original by next day delivery,
along with full payment of the exercise price for any exercise,  to the Company.
The Consultant may pay the exercise  price in cash or by cashless  exercise.  In
the case of a cashless exercise,  the Consultant will surrender the Option to be
exercised to the Company together with a notice of cashless  exercise,  in which
event the Company  will issue to the  Consultant  the number of shares of Common
Stock underlying the Option to be exercised  determined as follows and otherwise
in accordance with the terms of the Option to be exercised:

               X = Y(A-B)/A
     Where
               X = the number of shares of Common Stock to be issued to the
                   Consultant.

               Y = the number of shares of Common  Stock with respect to which
                   the Option is being exercised.

               A = the average of the closing prices of the Common Stock for the
                   five (5) Trading Days immediately prior to (but not
                   including) the date of exercise.

               B = the exercise price of the Option to be exercised.

          3.4 The  issuance  of the Options  shall be deemed  full and  complete
consideration  for  the  services  to  be  rendered  by  Consultant  under  this
Agreement.  The  Company  will  reimburse  Consultant  for all  direct  expenses
incurred by Consultant in performing such services.  Consultant shall obtain the
approval of the Company prior to incurring any expenses.  Consultant will tender
requests  for  reimbursement  to the  Company  and the  Company  will  make  the
reimbursement  to  Consultant  within ten (10) days after its receipt of written
notification.

     4.  CONSULTANT'S  TIME  COMMITMENT.  Consultant  shall  devote such time as
reasonably  requested by the Company for consultation,  advice and assistance on
matters  described  in this  Agreement  and provide the same in such form as the
Company  requests.  The Company agrees that Consultant shall not be prevented or
barred from rendering services similar or dissimilar in nature for and on behalf
of any person, firm or corporation other than the Company.

     5. INDEPENDENT CONTRACTOR. The relationship created under this Agreement is
that of Consultant acting as an independent contractor.  The parties acknowledge
and agree that  Consultant  shall have no authority  to, and shall not, bind the
Company to any  agreement or obligation  with any third party.  The parties also
acknowledge  that  Consultant is not providing  legal or accounting  services or
services as a  broker/dealer  and such  services must be obtained by the Company
from other parties.

                                      -2-
<PAGE>
     6. NONDISCLOSURE OF CONFIDENTIAL INFORMATION.  Consultant shall maintain as
secret  and  confidential  all  valuable  information  heretofore  or  hereafter
acquired, developed or used by the Company relating to its business, operations,
employees and customers that may give the Company a competitive advantage in its
industry  (all such  information  is  hereinafter  referred to as  "Confidential
Information").  The parties  recognize  that, by reason of  Consultant's  duties
under  this  Agreement,   Consultant  may  acquire   Confidential   Information.
Consultant recognizes that all such Confidential  Information is the property of
the  Company.  During  the  term  of  Consultant's  engagement  by the  Company,
Consultant  shall  exercise  all due and  diligent  precautions  to protect  the
integrity  of any or all of  the  Company's  documents  containing  Confidential
Information.  In  consideration  of the Company  entering  into this  Agreement,
Consultant  shall not,  directly or  indirectly,  use,  publish,  disseminate or
otherwise  disclose any Confidential  Information  obtained during  Consultant's
engagement by the Company without the prior written consent of the Company.  The
parties  agree that this  Paragraph  6 shall  survive  the  termination  of this
Agreement.

     7.  COMMUNICATIONS  WITH  CONSULTANT.  Consultant  will  not  independently
conduct a due diligence  review of the Company and will,  to a great extent,  be
relying upon  information  provided by the Company in rendering  services  under
this Agreement.

     8. EXCULPATION OF LIABILITY AND INDEMNIFICATION. All decisions with respect
to consultations or services rendered by Consultant for transactions  negotiated
for and  presented to the Company by  Consultant  shall be those of the Company,
and  Consultant  shall have no  liability  with  respect to such  decisions.  In
connection  with the  services  Consultant  renders  under this  Agreement,  the
Company  indemnifies and holds  Consultant  harmless against any and all losses,
claims,  damages and  liabilities and the expense,  joint and several,  to which
Consultant may become  subject and will  reimburse  Consultant for any legal and
other  expenses,   including  attorney's  fees  and  disbursements  incurred  by
Consultant in connection with investigating,  preparing or defending any actions
commenced or  threatened  or claim  whatsoever,  whether or not resulting in the
liability,  insofar  as such are based  upon the  information  the  Company  has
supplied to Consultant  under this  Agreement.  In connection  with the services
Consultant  renders under this Agreement,  Consultant  indemnifies and holds the
Company harmless against any and all losses, claims, damages and liabilities and
the expense,  joint and several,  to which  Company may become  subject and will
reimburse  Company for any legal and other expenses,  including  attorney's fees
and  disbursements  incurred by the Company in  connection  with  investigating,
preparing or defending any actions  commenced or threatened or claim whatsoever,
whether or not resulting in the liability,  insofar as such are based upon or in
connection with the services Consultant has rendered under this Agreement.

     9. S-8 REGISTRATION.  The Company will prepare an S-8 Registration covering
the shares of Common Stock  issuable  upon  exercise of the Options and will use
its best efforts to file the  Registration  Statement within thirty (30) days of
the execution of this Agreement and to keep the Registration Statement effective
for the shorter of (i) the term of the Options,  (ii) Consultant has sold all of
the shares  issuable under the Options,  or (iii) all of the shares issued under
the Options are eligible for sale under Rule 144.

     10. ENTIRE  AGREEMENT.  This  Agreement  contains the entire  agreement and
understanding  between the parties  hereto  with  respect to the subject  matter
contained herein. There are no representations or warranties other than as shall
be set forth in this Agreement.

                                      -3-
<PAGE>
     11. WAIVER.  No waiver or  modification  of this  Agreement  shall be valid
unless in writing and signed by the parties to this Agreement.

     12. NOTICES. All notices,  consents,  requests, demands and offers required
or  permitted  to be given under this  Agreement  will be in writing and will be
considered  properly  given  or made  when  personally  delivered  to the  party
entitled  thereto,  or when mailed by  certified  United  States  mail,  postage
prepaid, return receipt requested,  addressed to the addresses appearing in this
Agreement. A party may change his address by giving notice to the other party to
this Agreement.

     13.   COUNTERPARTS.   This  Agreement  may  be  signed  in  any  number  of
counterparts,  each of  which  shall be an  original,  but all of  which,  taken
together,  shall  constitute  one  agreement.  It shall not be required that any
single counterpart hereof be signed by the parties,  so long as each party signs
any counterpart of this Agreement.

     14.  APPLICABLE  LAW. This Agreement  shall be governed by and construed in
accordance with the laws of the State of California.

     15.  ATTORNEYS'  FEES.  In case  of any  action  or  proceeding  to  compel
compliance  with,  or for a breach of, any of the terms and  conditions  of this
Agreement,  the  prevailing  party shall be entitled to recover  from the losing
party all costs of such  action or  proceeding,  including,  but not limited to,
reasonable attorneys' fees.

     IN WITNESS  WHEREOF,  the  undersigned  have executed this  Agreement to be
effective as of the day and year first above written.

                                        PACIFIC MAGTRON INTERNATIONAL CORP.,
                                        a Nevada corporation

                                        By /s/ Theodore S. Li
                                           -------------------------------------

                                        Its Chairman and Chief Executive Officer
                                            ------------------------------------

                                        Address:  1600 California Circle
                                                  Milpitas, CA  95035

                                        /s/ Brian G. Riedy
                                        ----------------------------------------
                                        Brien G. Reidy

                                        Address:  102 Old Stone Hwy
                                                  E. Hampton, NY, 11937

                                      -4-<PAGE>
                                                                    Exhibit 4.20

                             SUPPLEMENTAL INDENTURE

     SUPPLEMENTAL INDENTURE (this "Supplemental Indenture"), dated as of July
14, 2002 among the guarantors listed on the signature pages attached hereto
(each, a "New Guarantor"), each a direct or indirect subsidiary of Jacobs
Entertainment, Inc., a Delaware corporation (formerly known as Gameco, Inc.)(the
"Company"), and Wells Fargo Bank Minnesota, National Association, as trustee
under the Indenture referred to below (the "Trustee").

                              W I T N E S S E T H:

     WHEREAS the Company has heretofore executed and delivered to the Trustee an
Indenture (as amended from time to time, the "Indenture"), dated as of February
8, 2002, providing for the issuance of its 11 7/8% Senior Secured Notes due
2009;

     WHEREAS Section 4.18 of the Indenture provides that under certain
circumstances the Company is required or permitted to cause each New Guarantor
to execute and deliver to the Trustee a supplemental indenture pursuant to which
the New Guarantor shall unconditionally guarantee all of the Company's
obligations under the Notes pursuant to a Guarantee on the terms and conditions
set forth herein; and

     WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee and the
Company are authorized to execute and deliver this Supplemental Indenture;

     NOW THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt of which is hereby acknowledged, the New
Guarantors, the Company and the Trustee mutually covenant and agree for the
equal and ratable benefit of the Holders as follows:

     1.  Definitions. (a) Capitalized terms used herein without definition shall
have the meanings assigned to them in the Indenture.

          (b)  For all purposes of this Supplemental Indenture, except as
otherwise herein expressly provided or unless the context otherwise requires:
(i) the terms and expressions used herein shall have the same meanings as
corresponding terms and expressions used in the Indenture; and (ii) the words
"herein", "hereof" and "hereby" and other words of similar import used in this
Supplemental Indenture refer to this Supplemental Indenture as a whole and not
to any particular section hereof.

     2.  Agreement to Guarantee. Each New Guarantor hereby agrees, jointly and
severally with all other Guarantors, to Guarantee the Company's obligations
under the Notes on the terms and subject to the conditions set forth in Article
12 of the Indenture and to be bound by all other applicable provisions of the
Indenture. From and after the date hereof, each New Guarantor shall be a
Guarantor for all purposes under the Indenture and the Notes.

<PAGE>

     3.  Non-Guarantor Restricted Subsidiaries. The definition of Non-
Guarantor Restricted Subsidiary in Section 1.1 of the Indenture, is deleted in
its entirety and amended to read as follows:

         "Non-Guarantor Restricted Subsidiary" means any Restricted
         Subsidiary to the extent not required to be a Guarantor
         under the Indenture.

     4.  Ratification of Indenture; Supplemental Indenture Part of Indenture.
Except as expressly amended hereby, the Indenture is in all respects ratified
and confirmed and all the terms, conditions and provisions thereof shall remain
in full force and effect. This Supplemental Indenture shall form a part of the
Indenture for all purposes, and every Holder of any Note heretofore or hereafter
authenticated and delivered shall be bound hereby.

     5.  Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED TO
CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK, WITHOUT REGARD TO
PRINCIPLES OF CONFLICTS OF LAW. EACH OF THE PARTIES HERETO AGREES TO SUBMIT TO
THE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE OR THE
NOTES.

     6.  Trustee Makes No Representation. The Trustee shall not be responsible
in any manner whatsoever for or in respect of the validity or sufficiency of
this Supplemental Indenture or for or in respect of the recitals contained
herein, all of which are made solely by the Company.

     7.  Multiple Counterparts. The parties may sign multiple counterparts of
this Supplemental Indenture. Each signed counterpart shall be deemed an
original, but all of them together represent one and the same agreement.

     8.  Headings. The headings of this Supplemental Indenture have been
inserted for convenience of reference only, are not to be considered a part
hereof, and shall in no way modify or restrict any of the terms or provisions
hereof.

                    [Remainder of page intentionally blank]

<PAGE>

     IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed as of the date and year first above written.

                                       NEW GUARANTORS:

                                       COLONIAL HOLDINGS, INC.

                                       By: /s/ Ian M. Stewart
                                           -------------------------------------
                                       Name:  Ian M. Stewart
                                       Title: President

                                       COLONIAL DOWNS, LP

                                       By: STANSLEY RACING CORP., ITS GENERAL
                                             PARTNER

                                       By: /s/ Ian M. Stewart
                                           -------------------------------------
                                       Name:  Ian M. Stewart
                                       Title: President

                                       STANSLEY RACING CORP.

                                       By: /s/ Ian M. Stewart
                                           -------------------------------------
                                       Name:  Ian M. Stewart
                                       Title: President

                                       THE TRUSTEE:

                                       WELLS FARGO BANK MINNESOTA,
                                       NATIONAL ASSOCIATION

                                       By: /s/ Robert L. Reynolds
                                           -------------------------------------
                                       Name:  Robert L. Reynolds
                                       Title: Vice President

                                       3

<PAGE>

                                       THE COMPANY:

                                       JACOBS ENTERTAINMENT, INC.

                                       By: /s/ Jeffrey P. Jacobs
                                          --------------------------------------
                                       Name: Jeffrey P. Jacobs
                                       Title: Chief Executive Officer, President
                                              Secretary and Treasurer

                                       BLACK HAWK GAMING & DEVELOPMENT
                                       COMPANY, INC.

                                       By: /s/ Jeffrey P. Jacobs
                                          --------------------------------------
                                       Name: Jeffrey P. Jacobs
                                       Title: Chief Executive Officer and
                                              Director

                                       GOLD DUST WEST CASINO, INC.

                                       By: /s/ Jeffrey P. Jacobs
                                          --------------------------------------
                                       Name: Jeffrey P. Jacobs
                                       Title: Chairman of the Board, and
                                              President

                                       4

<PAGE>

                                    BLACK HAWK/JACOBS ENTERTAINMENT, LLC
                                    By: Black Hawk Gaming & Development Company,
                                        Inc., its Manager

                                        /s/ Jeffrey P. Jacobs
                                        ---------------------------------------
                                        Jeffrey P. Jacobs
                                        Chief Executive Officer

                                    GILPIN HOTEL VENTURE
                                    By: Gilpin Ventures, Inc., its Partner

                                    By: /s/ Stephen R. Roark
                                        ---------------------------------------
                                    Name: Stephen R. Roark
                                    Title: President

                                    By: Black Hawk Gaming & Development Company,
                                        Inc., its Partner

                                    By: /s/ Stephen R. Roark
                                        ---------------------------------------
                                    Name: Stephen R. Roark
                                    Title: President

                                    GILPIN VENTURES, INC.

                                    By: /s/ Stephen R. Roark
                                        ---------------------------------------
                                    Name: Stephen R. Roark
                                    Title: President and Director

                                    JALOU II INC.

                                    By: /s/ Ian M. Stewart
                                        ---------------------------------------
                                    Name: Ian M. Stewart
                                    Title: President and Director

                                    WINNER'S CHOICE CASINO, INC.

                                    By: /s/ Ian M. Stewart
                                        ---------------------------------------
                                    Name: Ian M. Stewart
                                    Title: President and Director

                                       5

<PAGE>

                                       DIVERSIFIED OPPORTUNITIES GROUP LTD.
                                        By: Jacobs Entertainment, Inc., its
                                        Manager

                                       By: /s/ Jeffrey P. Jacobs
                                          --------------------------------------
                                       Name: Jeffrey P. Jacobs
                                       Title: President

                                       JALOU L.L.C.

                                       By: /s/ Ian M. Stewart
                                          --------------------------------------
                                       Name: Ian M. Stewart
                                       Title: President and Manager

                                       HOUMA TRUCK PLAZA & CASINO, L.L.C.

                                       By: /s/ Ian M. Stewart
                                          --------------------------------------
                                       Name: Ian M. Stewart
                                       Title: President and Manager

                                       JALOU-CASH'S L.L.C.

                                       By: /s/ Ian M. Stewart
                                          --------------------------------------
                                       Name: Ian M. Stewart
                                       Title: President and Manager

                                       JACE, INC.

                                       By: /s/ Ian M. Stewart
                                          --------------------------------------
                                       Name: Ian M. Stewart
                                       Title: President and Director

<PAGE>

                                    LUCKY MAGNOLIA TRUCK STOP AND CASINO, L.L.C.

                                    By: /s/ Ian M. Stewart
                                        ----------------------------------------
                                    Name:  Ian M. Stewart
                                    Title: President and Manager

                                    BAYOU VISTA TRUCK PLAZA AND CASINO, L.L.C.

                                    By: /s/ Ian M. Stewart
                                        ----------------------------------------
                                    Name:  Ian M. Stewart
                                    Title: President and Manager

                                    RACELAND TRUCK PLAZA AND CASINO, L.L.C.

                                    By: /s/ Ian M. Stewart
                                        ----------------------------------------
                                    Name:  Ian M. Stewart
                                    Title: President and Manager

                                       7

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