Lakes Entertainment, Inc. Announces Developments Regarding Financial Statements and Nasdaq Hearing and Proposed Restructuring of Real Estate Transaction.

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Lakes Entertainment, Inc. Announces Developments Regarding Financial Statements and Nasdaq Hearing and Proposed Restructuring of Real Estate Transaction.

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Sept. 9, 2002

Lakes Entertainment, Inc. (Lakes) (Nasdaq:LACOE) today announced the proposed restructuring of one of Lakes' real estate transactions, certain anticipated charges to earnings for the second quarter of 2002 and a restatement of Lakes' previously issued financial statements for the years ended December 30, 2001 and December 31, 2000. Lakes also provided additional information about its financial statements and i...

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