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Lakes Entertainment Announces Earnings for Third Quarter 2009

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Lakes Entertainment, Inc. (NASDAQ:LACO) today announced results for the three and nine months ended September 27, 2009. Earnings from operations were $0.7 million for the third quarter of 2009, compared to a loss of $0.5 million for the third quarter of 2008. Net earnings applicable to Lakes Entertainment, Inc. for the third quarter of 2009 were $2.3 million, compared to a loss of $5.7 million in the third quarter of 2008.