LACO News Alert Lakes Entertainment (LACO) 6.75 12/12/2014 2

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Lakes Entertainment (LACO) 6.75 $LACO

Lakes Entertainment (LACO) Downgraded From Hold to Sell
at The Street - Fri Dec 12, 7:00AM CST
Lakes Entertainment (LACO) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D+.
LACO: 6.75 (-0.24)

Police Academy's Michael Winslow to Perform Two Shows at Rocky Gap Casino Resort's Bonkerz Comedy Club
Marketwired - Mon Dec 08, 10:38AM CST
Rocky Gap Casino Resort is pleased to announce that Michael Winslow, who is known as the Man of 10,000 Sound Effects and has starred in the "Police Academy" movies, will perform two shows at its Bonkerz Comedy Club on Friday, December 12 at 7 p.m. and 9 p.m. Doors will open 30 minutes prior to each show and guests must be 21 years old to attend. Special Guest Derrick Knopsnyder will open each show. General admission tickets for each performance are $25 and drinks will be available for purchase. Tickets are also available for $30, which includes two drink tickets, or $40, which includes a dinner buffet at Lakeside Restaurant. Tickets are available by calling the box office at (301)784-8573 or online at http://rockygapcasino.com/entertainment/event_center.php.
LACO: 6.75 (-0.24)

Nasdaq stocks posting largest percentage decreases
AP - Fri Nov 07, 5:08PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
TNGO: 12.71 (-0.19), PRSC: 35.96 (-0.07), FNGN: 33.59 (-0.11), LACO: 6.75 (-0.24), MSON: 10.90 (+0.46), SLXP: 103.36 (-2.79), FNHC: 25.23 (-0.15), MDRX: 11.51 (-0.13), PCMI: 9.17 (+0.07), UBNT: 29.93 (+0.48), PFMT: 6.19 (-0.09), ICPT: 137.69 (-2.48), ANDE: 50.47 (-1.99), ACTA: 15.04 (-0.52)

Lakes Entertainment's (LACO) CEO Lyle Berman on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Fri Nov 07, 3:57PM CST

LACO: 6.75 (-0.24)

Lakes Entertainment EPS of -$1.72
Seeking Alpha - at Seeking Alpha - Fri Nov 07, 5:40AM CST

LACO: 6.75 (-0.24)

Lakes Entertainment Announces Results for Third Quarter 2014
Business Wire - Fri Nov 07, 5:30AM CST
Lakes Entertainment, Inc. (NASDAQ: LACO) today announced results for the three and nine months ended September 28, 2014.
LACO: 6.75 (-0.24)

Lakes Entertainment to Host Conference Call and Webcast on Results for Third Quarter 2014
Business Wire - Wed Nov 05, 5:30AM CST
Lakes Entertainment, Inc. (NASDAQ: LACO) announced it will host a conference call and webcast to discuss the Company's third quarter 2014 financial results on Friday, November 7, 2014, at 1:00 p.m. Central Time (2:00 p.m. Eastern). The Company will issue financial results prior to the call.
LACO: 6.75 (-0.24)

Today In SA PRO: Tuesday, October 28
SA PRO Top Ideas - Seeking Alpha - Wed Oct 29, 4:00AM CDT
Outstanding Performance Award Winner #1: Long Idea on PTSI (P.A.M. Transportation Services) by John Leonard, CFA, published August 8, 2013. Return to date: +236% (See author update » ) Outstanding Performance Award Winner #2: Top Long...
LACO: 6.75 (-0.24), TAL: 39.71 (-0.48)

Lakes Entertainment, Inc. Announces Final Transfer of Dania Interest
Business Wire - Wed Oct 22, 5:30AM CDT
Lakes Entertainment, Inc. (LACO) announced that on October 17, 2014, it received a payment of approximately $1.4 million from ONDISS Corp. ("ONDISS" for the transfer of Lakes' remaining interest in Dania Entertainment Center, LLC ("DEC" to ONDISS. Lakes Florida Development, LLC, a wholly owned subsidiary of Lakes, had previously entered into a Purchase Agreement with ONDISS pertaining to the sale of Lakes' membership interest of DEC ("Purchase Agreement" . The Purchase Agreement provided that ONDISS would pay Lakes a total purchase price of approximately $2.6 million for Lakes' ownership in DEC. ONDISS made an initial payment to Lakes of $1.0 million on April 21, 2014 at which time 40% of Lakes' ownership in DEC was transferred to ONDISS. The remaining purchase price was scheduled to be made over three equal semi-annual installments of approximately $0.5 million, and 20% of Lakes' ownership in DEC would be transferred to ONDISS upon each payment. In place of the three remaining payments, Lakes and ONDISS negotiated the discounted final payment amount of approximately $1.4 in consideration of Lakes transferring its remaining ownership in DEC on October 17, 2014. As a result of this payment, Lakes will recognize a gain of $1.4 million during the fourth quarter of 2014.
LACO: 6.75 (-0.24)

Lakes Entertainment, Inc. Arbitrator's Decision in Argovitz Matter
Business Wire - Fri Sep 12, 5:30AM CDT
Lakes Entertainment, Inc. (NASDAQ: LACO) announced it received notice of Final Award in the Argovitz v. Lakes Entertainment, Inc. arbitration matter awarding Argovitz approximately $2.4 million. The matter relates to the Consent and Agreement to Buyout and Release by and between Argovitz and Lakes KAR Shingle Springs, LLC ("LKAR" , Lakes Entertainment, Inc., and Lakes Shingle Springs, Inc. dated January 30, 2003 ("Buyout Agreement" . The Buyout Agreement required LKAR to make certain payments to Argovitz for so long as LKAR was managing the Red Hawk Casino for the Shingle Springs Tribe. LKAR made the required payments while it was managing the Red Hawk Casino, and discontinued the payments after its contract to manage the Red Hawk Casino was terminated. Argovitz asserted various claims, including a claim for breach of the Buyout Agreement relating to the payments he alleged he was entitled to receive after the management agreement was terminated. Argovitz sought damages of approximately $2.7 million, plus interest, costs, and attorney fees. The award is not subject to appeal.
LACO: 6.75 (-0.24)

Lakes Entertainment, Inc. Announces Reverse Stock Split
Business Wire - Tue Sep 09, 11:30AM CDT
Lakes Entertainment, Inc. (NASDAQ: LACO) announced today that it will implement a 1-for-2 reverse split of its common stock effective 12:01 a.m. on September 10, 2014. At that time, the Company's common stock will begin trading on a split-adjusted basis under the new CUSIP number 51206P 208.
LACO: 6.75 (-0.24)

Lakes Entertainment, Inc. Announces Engagement of Financial Advisor
Business Wire - Wed Aug 27, 5:30AM CDT
Lakes Entertainment, Inc. (LACO) announced that it has retained the services of Macquarie Capital as its financial advisor in connection with its evaluation of strategic alternatives aimed at enhancing shareholder value. Strategic alternatives the Company may pursue may include, but are not limited to, potential acquisitions, joint ventures, recapitalizations, select asset divestitures, merger, reorganization or similar transactions, as well as continuing to operate the business in the ordinary course.
LACO: 6.75 (-0.24)

Lakes Entertainment Announces Results for Second Quarter 2014
Business Wire - Wed Aug 06, 5:30AM CDT
Lakes Entertainment, Inc. (NASDAQ: LACO) today announced results for the three and six months ended June 29, 2014.
LACO: 6.75 (-0.24)

Lakes Entertainment to Host Conference Call and Webcast on Results for Second Quarter 2014
Business Wire - Wed Jul 30, 5:30AM CDT
Lakes Entertainment, Inc. (NASDAQ: LACO) announced it will host a conference call and webcast to discuss the Company's second quarter 2014 financial results on Wednesday, August 6, 2014, at 1:00 p.m. Central Time (2:00 p.m. Eastern). The Company will issue financial results prior to the call.
LACO: 6.75 (-0.24)

Uptrend Call Working As Lakes Entertainment Stock Rises 52.4% (LACO)
Comtex SmarTrend(R) - Tue Apr 01, 4:39PM CDT
SmarTrend identified an Uptrend for Lakes Entertainment (NASDAQ:LACO) on April 12th, 2013 at $3.30. In approximately 12 months, Lakes Entertainment has returned 52.42% as of today's recent price of $5.03.
LACO: 6.75 (-0.24)




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