Lakes Entertainment, Inc. was an American gaming company based in Minnetonka, Minnesota.

The company was created on December 31, 1998 as part of the merger between Grand Casinos and Hilton's gaming businesses to form Park Place Entertainment.

[2][4] In 1999, Lakes struck a deal to buy the Rainforest Cafe chain for $108 million, but the agreement fell through after Landry's made a higher offer.

[9] The company changed its name to Lakes Entertainment to reflect its involvement in the WPT and potentially other non-casino businesses.

[10] Lakes sold off a portion of the WPT through an initial public offering in 2004, but retained majority ownership.