Lakes Entertainment, Inc. (NASDAQ:LACO)
CAPS Rating:
The Company develops, finances and manages Indian-owned casino properties.
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The Company develops, finances and manages Indian-owned casino properties.
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Solid balance sheet with limited downside. Trading at 0.4x tangible book value and that's not even the best part. Ohio opportunity with Rock Venture/Harrah's will outperform even the most optimistic expectations. Look to see how Hollywood Casino at Toledo does in Q4 2011 for a glimpse at the potential of Cincinatti and Cleveland.