EXHIBIT 31.2

                                 CERTIFICATIONS

I, Timothy J. Cope, certify that:

1. I have reviewed this annual report on Form 10-K of Lakes Entertainment, Inc.;

2. Based on my knowledge, this annual report does not contain any untrue
   statement of a material fact or omit to state a material fact necessary to
   make the statement made, in light of the circumstances under which such
   statements were made, not misleading with respect to the period covered by
   this annual report;

3. Based on my knowledge, the financial statements, and other financial
   information included in this annual report, fairly present in all material
   respects the financial condition, results of operations and cash flows of the
   registrant as of, and for, the periods presented in this annual report;

4. The registrant's other certifying officer and I are responsible for
   establishing and maintaining disclosure controls and procedures (as defined
   in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

     a) designed such disclosure controls and procedures, or caused such
        disclosure controls and procedures to be designed under our supervision,
        to ensure that material information relating to the registrant,
        including its consolidated subsidiaries, is made known to us by others
        within those entities, particularly during the period in which this
        annual report is being prepared;

     b) evaluated the effectiveness of the registrant's disclosure controls and
        procedures and presented in this annual report our conclusions about the
        effectiveness of the disclosure controls and procedures as of the end of
        the period covered by this report based on such evaluation; and

     c) disclosed in this report any change in the registrant's internal control
        of financial reporting that occurred during the registrant's fourth
        quarter that has materially affected, or is reasonably likely to affect,
        the registrant's internal controls over financial reporting, and

5. The registrant's other certifying officers and I have disclosed, based on our
   most recent evaluation of internal controls over financial reporting,. to the
   registrant's auditors and the audit committee of registrant's board of
   directors (or persons performing the equivalent functions):

     a) all significant deficiencies and material weaknesses in the design or
        operation of internal control over financial reporting which are
        reasonably likely to adversely affect the registrant's ability to
        record, process, summarize and report financial information; and

     b) any fraud, whether or not material, that involves management or other
        employees who have a significant role in the registrant's internal
        control over financial reporting.

                                                  /s/ TIMOTHY J. COPE
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                                          Timothy J. Cope
                                          Chief Financial Officer

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