Lakes Entertainment, Inc.
News and overview for Lakes Entertainment, Inc.
Lakes Entertainment Announces Earnings for Third Quarter 2009 [Press Release]
Business Wire | 19 days 5 hours 6 minutes ago
Lakes Entertainment, Inc. (NASDAQ:LACO) today announced results for the three and nine months ended September 27, 2009.
Lakes Entertainment Announces Passage of Ohio Referendum [Press Release]
Business Wire | 19 days 17 hours 36 minutes ago
Lakes Entertainment, Inc. (NASDAQ: LACO) today announced that on November 3, 2009, the Ohio voters approved Issue 3, the citizen-initiated referendum to amend the Ohio constitution to authorize one gaming facility in each of Cleveland, Cincinnati, Columbus and Toledo, Ohio. The approval of Issue 3 authorizes casino gaming for the first time in the State of Ohio.
Lakes Entertainment, Inc. Announces Management Change at Red Hawk Casino [Press Release]
Business Wire | 42 days 18 hours 36 minutes ago
Lakes Entertainment, Inc. (NASDAQ: LACO) announced today that Peter Fordham, General Manager of the Red Hawk Casino, located near Shingle Springs, California, has left the organization. The Red Hawk Casino is owned by the Shingle Springs Tribal Gaming Authority (the “Authority”) and managed by Lakes Entertainment. The Authority and Lakes are currently conducting a search for his replacement. Terry Contreras, Red Hawk Casino’s Assistant General Manager, will serve as Red Hawk Casino’s interim ...
Lakes Entertainment to Host Conference Call and Webcast on Third Quarter 2009 Results [Press Release]
Business Wire | 27 days 6 hours 6 minutes ago
Lakes Entertainment, Inc. (NASDAQ: LACO) announced it will host a conference call and webcast to discuss the Company's third quarter 2009 financial results on Thursday, November 5, 2009, at 1:00 p.m. CDT (2:00 p.m. EDT). The Company will issue financial results prior to the call.
Poker champ Berman stakes claim in Ohio casinos
Forbes | 18 days 21 hours 12 minutes ago
COLUMBUS, Ohio -- A casino developer and poker champion behind last year's failed bid to expand gambling in Ohio has staked a claim to all four casinos the state's voters approved Tuesday.
Earnings
Star Tribune (Minneapolis-St. Paul, Minn.) | 18 days 15 hours 26 minutes ago
LAKES ENTERTAINMENT INC. (LACO) Develops, finances and manages Indian-owned casino properties.
Gaming suit against tribe that owns Red Hawk moves to trial
American City Business Journals | 1 day 12 hours 25 minutes ago
The $107 million civil suit brought by Sharp Image Gaming Inc.
Poker champ Berman stakes claim in Ohio casinos - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 18 days 20 hours 20 minutes ago
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Poker champ Berman stakes claim in Ohio casinos - Nation/World - NewsObserver.com
News & Observer (Raleigh, N.C.), The | 18 days 21 hours 24 minutes ago
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Poker champ Berman stakes claim in Ohio casinos - National Business - MiamiHerald.com
Miami Herald, The | 18 days 20 hours 28 minutes ago
COLUMBUS, Ohio -- A casino developer and poker champion behind last year's failed bid to expand gambling in Ohio has staked a claim to all four casinos the state's voters approved Tuesday.
Wire Business News
Sacramento Bee (Calif.), The | 18 days 20 hours 24 minutes ago
COLUMBUS, Ohio -- A casino developer and poker champion behind last year's failed bid to expand gambling in Ohio has staked a claim to all four casinos the state's voters approved Tuesday.
Business
Sacramento Bee (Calif.), The | 18 days 9 hours 14 minutes ago
Nearly a year after it opened, Red Hawk Casino is still struggling.
Poker champ Berman stakes claim in Ohio casinos
Seattle Times, The | 18 days 23 hours 2 minutes ago
COLUMBUS, Ohio The casino developer and poker champion who had a failed bid for an Ohio slots parlor in 2008 has staked a claim to all four Ohio casinos voters approved Tuesday. Lakes Entertainment Inc. chairman Lyle Berman cut the deal just days before the election Oct. 29, according to a Wednesday filing with the U.S. Securities and Exchange Commission.
Poker champ who backed failed 2008 casino ballot issue stakes claim to 4 new Ohio parlors
Los Angeles Times | 18 days 21 hours 12 minutes ago
COLUMBUS, Ohio (AP) — A casino developer and poker champion behind last year's failed bid to expand gambling in Ohio has staked a claim to all four casinos the state's voters approved Tuesday.
Poker champ stakes claim in casinos
Cincinnati Enquirer, The | 12 days 11 hours 33 minutes ago
COLUMBUS, Ohio The casino developer and poker champion who had a failed bid for an Ohio slots parlor in 2008 has staked a claim to all four Ohio casinos voters approved Tuesday.
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Company Overview
| Company: | Lakes Entertainment, Inc. |
|---|---|
| Industry: | Gambling Resorts & Casinos |
| Website: | http://www.lakesgaming.com |
Even though Lakes Entertainment doesn't own a casino, it still keeps its eye on the slots. The company develops and manages Indian-owned casino properties, including the Cimarron Casino (Perkins, Oklahoma) for the Iowa Tribe of Oklahoma; the Four Winds Casino Resort (New Buffalo Township, Michigan) for the Pokagon Band of Potawatomi Indians; and the Red Hawk Casino for the Shingle Springs Band of Miwok Indians (El Dorado County, California). Lakes Entertainment also has agreements with tribes for casino development projects in Michigan, California, and Oklahoma, and is developing new casino table games to market and license to casinos. Chairman and CEO Lyle Berman owns about 20% of Lakes Entertainment.
Key Numbers
| Sales in U.S. Dollars (mil.) | 24.3 (2008) |
|---|---|
| One-year % Growth in Sales | -14.5 (2008) |
| Net Income in U.S. Dollars (mil.) | -86.3 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 50 (2008) |
| One-year % Growth in Number of Employees | 2.0 (2008) |
| Fiscal Year-End | December |