Jacobs Entertainment has acquired the real estate associated with the landmark Reno restaurant, Gold and Silver Inn.

In a statement, Jeff Jacobs, CEO of Jacobs Entertainment, adds “with this acquisition we now own all of the real estate encompassing Reno’s Neon Line on the south side of West 4th, between Keystone and West street. We look forward to the continued revitalization of the area in general, and the Gold and Silver Inn block in particular. We appreciate Jeff Payne’s commitment to operate Gold and Silver Inn as a tenant for the next two years to the same high standards he has always run his restaurant."

Jacobs Entertainment is currently reimaging the block, which will include a collection of historic Reno structures. Additionally under consideration is the possibility of converting Gold and Silver Inn into Nevada’s first 100% nonsmoking gaming property.