1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) March 27, 1997 BLACK HAWK GAMING & DEVELOPMENT COMPANY, INC. ------------------------------------------------------ (Exact Name of Registrant as Specified in Its Charter) Colorado 33-57342 84-1158484 - ---------------- ------------------------ -------------- (State or Other (Commission File Number) (IRS Employer Jurisdiction of Identification Incorporation) No.) 2060 Broadway, Suite 400 Boulder, Colorado 80302 - --------------------------------------- --------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (303) 444-0240 -------------- No Change ------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) 2 Item 5. Other Events (1) On March 27, 1997, the Black Hawk Gaming/Jacobs Entertainment, LLC, of which the Company owns a 75% interest, closed a $40 million construction loan agreement with Wells Fargo Bank, N.A. for the construction financing of their hotel/casino project under development in Black Hawk, Colorado. Item 7. Financial Statements and Exhibits (a). Financial Statements None Description Exhibit Number Description ----------- -------------- ----------- Exhibits filed herewith 10.3.27.97 Loan Agreement - 2 - 3 SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BLACK HAWK GAMING & DEVELOPMENT COMPANY, INC. By: /s/ Stephen R. Roark, President Date: March 27, 1997 -3- 4 EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION - -------------- -------------- 10.3.27.97 Loan Agreement