lakes entertainment inc (LACO:NASDAQ GM)
lakes entertainment inc (LACO) Snapshot
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Open
$3.50
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Previous Close
$3.46
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Day High
$3.57
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Day Low
$3.50
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52 Week High
05/22/13 - $3.57
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52 Week Low
09/26/12 - $2.07
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Market Cap
93.6M
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Average Volume 10 Days
39.8K
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EPS TTM
$0.08
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Shares Outstanding
26.4M
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EX-Date
--
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P/E TM
44.3x
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Dividend
--
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Dividend Yield
--
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lakes entertainment inc (LACO) Related Businessweek News
No Related Businessweek News Foundlakes entertainment inc (LACO) Details
Lakes Entertainment, Inc., together with its subsidiaries, engages in the development, financing, and management of gaming-related properties for the Shingle Springs Tribe, the Pokagon Band of Potawatomi Indians, and the Jamul Tribe. It owns and operates the Rocky Gap Lodge & Golf Resort with a hotel, spa, two restaurants, and a golf course located in Allegany County, Maryland. The company also manages the Red Hawk Casino, which features approximately 2,250 slot machines and gaming devices, 60 table games, 5 poker tables, 6 restaurants, 4 bars, retail space, a parking garage, and a child care facility and arcade located in El Dorado County, California. In addition, it holds interests in casino properties comprising the Horseshoe Casino Cleveland in Cleveland, the Horseshoe Casino Cincinnati in Cincinnati, and the Thistledown Racino in North Randall in Ohio. Further, the company focuses on jointly developing a casino and resort, known as Jamul Casino Project, located in San Diego County, California. Additionally, Lakes Entertainment is involved in developing, financing, and managing gaming-related properties and potential developments of gaming-related properties in Florida, Maryland, Mississippi, and Ohio. 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.
lakes entertainment inc (LACO) Top Compensated Officers
lakes entertainment inc (LACO) Key Developments
Lakes Entertainment Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported total revenues of $3,304,000 against $1,963,000 for the same period in the last year. The increase in Revenue was due to an additional $0.8 million in management fees earned during the first quarter of 2013 compared to the first quarter of 2012 related to the Red Hawk Casino, owned by the Shingle Spring Band of Miwok Indians, near Sacramento, California. Also contributing to the increase was the addition of $0.6 million in revenue related to the operation of the Rocky Gap Lodge and Golf Resort near Cumberland, Maryland, which Lakes acquired on August 3, 2012. Loss from operations was $1,878,000 against $1,587,000 for the same period in the last year. Loss before income taxes was $333,000 against $242,000 for the same period in the last year. Net loss attributable to the company was $333,000 or $0.01 per basic and diluted share against net earnings attributable to the company of $1,815,000 or $0.07 per basic and diluted share for the same period in the last year.
Lakes Entertainment Inc., Q1 2013 Earnings Call, May 09, 2013
Lakes Entertainment Inc. announced that they will report Q1, 2013 results at 1:00 PM, Central Standard Time on May 09, 2013
| Recently Viewed | |||
| LACO:US | $3.54 USD | +0.08 |  |
| Company | Last | Change |
| Global Casinos Inc | $0.80 USD | 0.00 |
| Littlefield Corp | $0.21 USD | 0.00 |
| Southwest Casino Corp | $0.0021 USD | 0.00 |
| Table Trac Inc | $0.85 USD | 0.00 |
| Trans World Corp /Nev | $2.55 USD | 0.00 |
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Industry Analysis
LACO
Industry Average
| Valuation | LACO | Industry Range |
| Price/Earnings | 85.0x |
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| Price/Sales | 7.4x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 30.3x |
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| TEV/Sales | 5.5x |
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Post a JobJobs
- Orlando, FL | Consult SoftPosted: May 22
- New York, NY |Posted: May 17
- San Francisco, CA | YelpPosted: May 02
- San Francisco, CA | YelpPosted: May 02
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To contact LAKES ENTERTAINMENT INC, please visit www.lakesentertainment.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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