The World Poker Tour Debuts on Travel Channel March 30th
Poker is coming to Prime Time TV!

LOS ANGELES, CALIFORNIA (January 7, 2003) - Today, Travel Channel will announce at the Television Critics Association conference in Los Angeles that it will include World Poker Tour in its prime time line-up beginning with a "Sneak Preview Premiere Night" on Sunday, March 30 and continuing as a weekly series on Wednesday nights at 9 - 11 PM ET/PT beginning April 2, 2003. Final terms of the deal are in negotiations.

The WORLD POKER TOUR season consists of 13 poker tournaments filmed in casinos around the world, which will be nationally televised, and will feature the best poker players in the world as they vie for multi-million dollar prize pools. The WORLD POKER TOUR will reach its exciting conclusion with the season's grand finale, "The World Poker Tour Championship." The finale, hosted by Bellagio, Las Vegas, will feature winners from all the poker competitions throughout the 13- tournament season and anyone willing to pay the $25,000 buy-in to become the world's best poker player in what might be the biggest tournament in poker history.

The World Poker Tour is a joint venture between Steve Lipscomb and Lakes Entertainment, Inc. Lakes currently has development and management agreements with four separate Tribes for four new casino operations, one in Michigan, two in California and one with the Nipmuc Nation on the East Coast. In addition, Lakes Entertainment has agreements for the development of one additional casino on Indian-owned land in California through a joint venture with MRD Gaming.

Lakes Entertainment, Inc. common shares are traded on the Nasdaq National Market under the trading symbol "LACOE".