Lakes Entertainment Inc. (LACO: Quote) reported that its second-quarter net earnings were $0.4 million, compared to net earnings of $9.5 million in the second quarter of 2011. Earnings were $0.02 per share for the second quarter of 2012 compared to earnings of $0.36 per share for the second quarter of 2011.
Total revenues for the quarter declined to $2.52 million from $28.16 million in the year ago quarter.
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by RTT Staff Writer
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