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Lakes Entertainments asked for site extension

15 February 2007

MISSISSIPPI – As reported by the Vicksburg Post: "Plans by Lakes Entertainment to build a casino resort off U.S. 61 South remain alive - at least on paper.

"Representatives of the company will appear before the Mississippi Gaming Commission Thursday to ask for a two-year extension on the site just beyond the end of Meadow Lane approved in 2005, Allen Godfrey, the commission's deputy director said.

"If the extension is approved, it will buy the Minnesota-based company more time to present a financing plan to state regulators, the third step and definitive in licensing casino operations in Mississippi.

"Godfrey has said other firms have received extensions on proving their financial ability to complete a project, but commission members require an explanation for delays.

"In the initial rounds of state licensure, sites and site plans are reviewed.

"Lakes' attorneys have visited commission offices periodically since late last year to discuss possible changes to the site…"

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