Lakes Entertainment (LACO) Reports Q2 Loss of $0.01

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Lakes Entertainment Announces Results for Second Quarter 2015

July 30, 2015 6:30 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Lakes Entertainment, Inc. (NASDAQ: LACO) today announced results for the three and six months ended June 28, 2015.

Second Quarter Results

Lakes Entertainment reported second quarter 2015 net revenues of $15.3 million, compared to prior-year second quarter net revenues of $14.1 million. Net revenues were related to the operation of Rocky Gap Casino Resort near Cumberland, Maryland (Rocky Gap). The increase in net revenues was primarily related to an increase in gaming revenues during the second quarter of 2015 compared to the second quarter of 2014 which resulted primarily from increases in video lottery terminal volume and... More