Lakes Entertainment Gives Up Control Of WPTE
October 9, 2021
Lakes Entertainment, Inc. (LACO) has announced that on November 21st, they will be distributing their shares of World Poker Tour Enterprises (WPTE) stock to their stock holders in the form of a stock dividend. At that time, Lakes will no longer be the WPTE's majority share holder as their controlling 61% of the company's shares (12,480,000 shares) will be divided among their individual stock holders.

This decision, which was made public on Tuesday in a Lakes Entertainment press release, means Lakes Entertainment
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