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  September 5, 2001
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Home > Company Index > Leisure > Gaming Activities > Colonial Holdings, Inc.

Colonial Holdings, Inc.
OTC: CHLD
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 PROFILE
While there's something to be said for backing the right horse, Colonial Holdings (formerly Colonial Downs) is happy if you back any horse. Pari-mutuel wagering on horse racing is the centerpiece of its business, which includes the operation of a thoroughbred and harness racetrack in New Kent, Virginia -- the only pari-mutuel track in the state. It also operates four off-track betting facilities in Virginia and conducts wagering from all five locations on races held at New Kent, as well as on simulcast races from other tracks. Colonial Downs failed in an attempt to build a racetrack in northern Virginia. CEO Jeffrey Jacobs owns 43% of the company and has agreed to buy the rest.

 COMPETITION
Dover Downs Entertainment, Inc. (DVD)
MTR Gaming Group, Inc. (MNTG)
Penn National Gaming, Inc. (PENN)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 29.20
1-Yr. Sales Growth: (0.7)%
Employees: 259
Revenue per employee: $112,741.31

 KEY PEOPLE
• Jeffrey P. Jacobs
    CEO
• Ian M. Stewart
    CFO

 CONTACT INFO
10515 Colonial Downs Pkwy.
New Kent, VA 23124
US
Phone: 804-966-7223
Fax: 804-966-1565
Online: Web Site

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