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Last $9.15 USD
Change Today +0.05 / 0.55%
Volume 12.4K
LACO On Other Exchanges
As of 8:10 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

lakes entertainment inc (LACO) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/27/14 - $9.52
52 Week Low
11/7/14 - $6.03
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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lakes entertainment inc (LACO) Details

Lakes Entertainment, Inc. develops, finances, manages, and owns casino properties in the United States. It owns and operates the Rocky Gap Casino Resort, which includes a gaming facility, hotel, an event and conference center, spa, four restaurants, and the Jack Nicklaus signature golf course in Allegany County, Maryland. The company was formerly known as Lakes Gaming, Inc. and changed its name to Lakes Entertainment, Inc. in 2002. Lakes Entertainment, Inc. was founded in 1998 and is based in Minnetonka, Minnesota.

365 Employees
Last Reported Date: 03/12/15
Founded in 1998

lakes entertainment inc (LACO) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $625.0K
President, Chief Financial Officer, Principal...
Total Annual Compensation: $437.8K
Compensation as of Fiscal Year 2014.

lakes entertainment inc (LACO) Key Developments

Lakes Entertainment Inc., Annual General Meeting, Jul 29, 2015

Lakes Entertainment Inc., Annual General Meeting, Jul 29, 2015., at 15:00 Central Standard Time. Location: The offices of Gray, Plant, Mooty, Mooty & Bennett, P.A.. Agenda: To consider the election of five directors to Board of Directors; to consider non-binding advisory vote to approve the compensation of named executive officers disclosed in the Executive Compensation section; to consider the ratification of the appointment of Piercy Bowler Taylor & Kern, Certified Public Accountants, as independent registered public accounting firm for the 2015 fiscal year; to consider the amendment and restatement of the Lakes' Bylaws to provide that the Minnesota Control Share Acquisition Act will not apply to, or govern in any manner, Lakes and its shareholders; to consider the approval of Amended and Restated Rights Agreement; and to consider the transaction of any other business as may properly come before the Annual Meeting or any adjournments or postponements of the Annual Meeting.

Lakes Entertainment Inc. Approves Amendment to its Bylaws

Lakes Entertainment Inc. announced that its special meeting of shareholders held on June 17, 2015 approved the amendment of company's second amended bylaws to authorize the Lakes' Board of Directors to determine the number of directions.

Lakes Entertainment Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 29, 2015

Lakes Entertainment Inc. reported unaudited consolidated earnings results for the first quarter ended March 29, 2015. For the quarter, the company reported net loss attributable to company of $1,725,000 or $0.13 per basic & diluted share on net revenues of $12,766,000 compared to net loss attributable to company of $1,768,000 or $0.13 per basic & diluted share on net revenues of $12,310,000 reported a year ago. Loss from operations was $1,341,000 compared to $1,647,000 reported a year ago. Loss before income taxes was $1,570,000 compared to $1,768,000 reported a year ago. The increase in net Revenue was primarily related to an increase in gaming revenues during the first quarter of 2015 compared to the first quarter of 2014.


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LACO Competitors

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Company Last Change
Century Casinos Inc $6.17 USD -0.04
Empire Global Gaming Inc $0.02 USD 0.00
Gaming Partners International Corp $10.18 USD -0.0101
Great Canadian Gaming Corp C$21.80 CAD 0.00
Nevada Gold & Casinos Inc $1.62 USD +0.03
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Valuation LACO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.2x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x

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