LAKES GAMING EARNS LESS

July 19, 2001 8:33 PM
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Lakes Gaming Inc. announced second quarter earnings, for the period ending July 1. Revenues for the quarter totaled $9.6 million, compared to $10.7 million in the same quarter last year.

Net earnings were $4.2 million or $.39 per share, compared to $5.3 million or $.50 per share at the end of the second quarter in 2000.

The decrease in revenue was due to a general decline in operating income at Grand Casino Coushatta the company said.