<DOCUMENT>
<TYPE>EX-10.114
<SEQUENCE>49
<FILENAME>c92713exv10w114.txt
<DESCRIPTION>GAMING OPERATINGS CONSULTING AGREEMENT
<TEXT>
<PAGE>
                                                                  Exhibit 10.114

                                GAMING OPERATIONS
                              CONSULTING AGREEMENT
                              (Lucky Eagle Casino)

     THIS GAMING OPERATIONS CONSULTING AGREEMENT (hereinafter referred to as the
"Agreement") is made as of the 19TH day of January, 2005 ("Effective Date") by
and between KTTT Enterprises ("Kickapoo"), a wholly-owned subsidiary of and a
governmental instrument of the Kickapoo Traditional Tribe of Texas ("Kickapoo
Tribe"), a federally recognized Indian tribe, and Lakes Kickapoo Consulting,
LLC, a Minnesota limited liability company ("Lakes").

                                    RECITALS

     A. The Kickapoo Tribe is a federally recognized Indian tribe eligible for
the special programs and services provided by the United States to Indian
tribes, and is recognized as possessing and exercising powers of
self-government. As a wholly-owned subsidiary and governmental instrument of the
Kickapoo Tribe, Kickapoo is vested with the sovereign immunity of the tribe, and
the Kickapoo Tribe has established Kickapoo as the legal entity which will own
and operate any gaming projects which are to be developed by the Kickapoo Tribe.

     B. Kickapoo, on behalf of the Kickapoo Tribe, operates an established
gaming operation, known as the Kickapoo Lucky Eagle Casino, located near Eagle
Pass, Texas ("Gaming Facility," as further defined herein). This Gaming Facility
conducts Class II Gaming (and will conduct Class III Gaming activities in the
event of federal agency approval of a Tribal-State Compact between the Kickapoo
Tribe and the State of Texas permitting such gaming).

     C. The Gaming Facility has achieved less than desired business results and
Kickapoo desires immediate consulting services to help turn around the
performance of the Gaming Facility.

     D. The Gaming Facility, together with related amenities such as a hotel,
conference/convention facilities, food and beverage facilities, retail outlets,
golf course, and ancillary building and enterprises that enhance the Gaming
Facility ("Ancillary Facilities," as further defined herein) (the Gaming
Facility and the Ancillary Facilities together, the "Project Facilities") are
intended to generate substantial revenues for the Kickapoo Tribe and therefore
significantly improve the social, economic and health conditions of present and
future tribal members, while strengthening the Kickapoo Tribe's overall economic
self-sufficiency and self-determination.

     E. Lakes has the requisite skills, resources, experience, and expertise
related to operations of gaming facilities and related amenities to assist
Kickapoo in connection with the operations of the Project Facilities.

     F. Kickapoo presently lacks the operational expertise to improve the
business performance of its existing Project Facilities, and desires to retain
the services of the Lakes as set forth herein.


                                       -1-

<PAGE>

     G. For the compensation set forth herein, Lakes wishes to provide the
following services to Kickapoo as more fully set forth herein: (1) consulting
services in connection with the operations of the existing Project Facilities.

     H. Kickapoo desires to grant to Lakes the exclusive right to consult in
connection with operations of Kickapoo's Project Facilities as set forth in this
Agreement, and Lakes desires to undertake those responsibilities in accordance
with this Agreement. Kickapoo also desires to grant to Lakes the right to
participate in any other gaming project opportunity Kickapoo pursues in the
State of Texas under the same terms and conditions described herein.

     I. Kickapoo and Lakes intend that this Agreement shall be operative and
binding upon the date of execution by the parties ("Effective Date") and shall
supersede and replace the parties prior Gaming Operations Consulting and
Development Agreement dated December 29, 2004.

     NOW, THEREFORE, in consideration of the hereinafter mutual promises and
covenants, and for other good and valuable consideration as set forth herein,
the receipt and sufficiency of which are expressly acknowledged, Kickapoo and
Lakes agree as follows:

                                    ARTICLE 1
                                   DEFINITIONS

     "Affiliate" means, with respect to any specified Person, any other Person
that directly or indirectly, through one or more intermediaries, controls, is
controlled by, or is under common control with the specified Person. For the
purposes of this definition, "control" (including the terms controlling,
controlled by, or under common control with) means the possession, direct or
indirect, or the power to direct or cause the direction of the management and
policies of a person, whether through the ownership of voting securities,
partnership or member interests, by contract or otherwise.

     "Agreement" means this Gaming Operations Consulting Agreement, as it may be
amended, supplemented, restated or replaced from time to time.

     "Adjusted Gross Revenues" " means, with respect to the Project Facilities
and any period of time, all revenues of any nature derived directly or
indirectly from the operation of the Project Facilities and permitted under GAAP
to be included in the Project Facilities' total revenues for that period, less
any credits or refunds made to customers, guests, or patrons of the Project
Facilities, not considered a Cost of Operations and not applied in any prior
period to reduce Revenues and any revenue sharing amounts paid to gaming machine
vendors pursuant to valid financing agreements. "Adjusted Gross Revenues" shall
not include (i) any gratuities or service charges added to the bill of a
customer, guest or patron of the Project Facilities and payable to employees of
the Project Facilities, (ii) promotional allowances for which there is a direct
offsetting item treated as a Cost of Operations, (iii) any sales, excise, gross
receipt, admission, entertainment, tourist or other taxes or charges (or
assessments equivalent thereto, or payments made in lieu thereof) that are
received from a customer, guest or patron and passed on to


                                       -2-

<PAGE>

governmental or quasi-governmental entities unrelated to the Kickapoo Tribe,
(iv) any lawful federal, state, or local taxes or impositions (including any
payment or fee in lieu of the foregoing) that are collected from patrons of or
vendors to the Project Facilities, (v) proceeds of indebtedness of the Kickapoo
Tribe, and (vi) proceeds from insurance or condemnation (other than proceeds of
business interruption insurance and other proceeds received to reimburse the
Project Facilities for any item accounted for under GAAP as a Cost of
Operations); (vii) any revenue sharing amounts paid to gaming machine vendors
pursuant to valid financing agreements.

     "Ancillary Facilities" means any hotel, convention center, food and
beverage outlets, retail outlets, golf course, special events center, and any
other enterprise designed to promote, support, or enhance the Gaming Facility.

     "BIA" means the Bureau of Indian Affairs, established within the United
States Department of Interior.

     "Capital Expenditures" means any expenditure that is considered a capital
expenditure under GAAP and also exceeds $5,000.

     "Claim" means any dispute, claim, question, or disagreement between
Kickapoo and Lakes or any Affiliate of Lakes that is directly or indirectly
related to this Agreement, any KTTT Note or the Project Facilities, whether
arising under law or in equity, whether arising as a matter of contract or a
tort, and whether arising during or after the expiration of this Agreement or
the maturity of any KTTT Note.

     "Class II Gaming" means class II gaming as defined in IGRA.

     "Class III Gaming" means class III gaming as defined in IGRA.

     "Collateral" is defined in Section 3.1(a).

     "Compact" means any Tribal-State Compact executed between the Kickapoo
Tribe and the State of Texas entered into and approved by the Secretary of the
United States Department of Interior either before or after the Effective Date
of this Agreement, and any amendments or modifications thereto.

     "Costs of Operations" means, with respect to any period of time occurring
on or after the Effective Date, the total of all costs required under GAAP to be
treated as operating expenses of the Project Facilities, including but not
limited to the following (so long as they constitute such expenses):

          (a) all fees imposed upon the Gaming Facility by the NIGC;

          (b) all amounts required to be paid to the State pursuant to a Compact
     or all amounts required to be paid to any local governmental entity under
     any agreement to mitigate off-reservation impacts related to the Gaming
     Facility;


                                       -3-

<PAGE>

          (c) license or other fees for background investigations performed by
     the Gaming Commission of "key employees" and "primary management officials"
     of the Gaming Facility, as defined in 25 C.F.R. Section 502.14 and 25
     C.F.R. Section 502.19, less any amounts collected from employees for those
     fees, provided, however, such amounts allocable hereunder shall not exceed
     $25 per employee per any 12 month period (although the Gaming Commission
     may charge employees more for such licenses or fees); and reasonable and
     customary regulatory fees imposed on the Gaming Facility by the Gaming
     Commission (which amounts shall be subject to an annually approved budget
     submitted by the Gaming Commission).

          (d) depreciation and amortization expenses computed over reasonable
     periods permitted under GAAP and as further set forth below; and

          (e) to the extent properly allocable to the operation of the Project
     Facilities under GAAP, the following:

               (1) costs of administration, recruiting, hiring, firing and
          training employees;

               (2) compensation and benefits of employees;

               (3) interest charges on indebtedness (including the Project
          Permanent Financing) related to the Project Facilities; and

               (4) all other expenses, including, without limitation, those
          incurred for materials, supplies, inventory, utilities, repairs and
          maintenance (excluding Capital Expenditures), insurance and bonding,
          marketing, advertising, annual audits, accounting, legal or other
          professional and consulting, surveillance/security or guard services;

provided however, that "Costs of Operations" do not include repayment of
principal or Capital Expenditures or capital leases; and notwithstanding the
foregoing, for purposes of this definition of Costs of Operations, depreciation
for personal property shall be determined on a straight-line basis over a period
of five (5) years from the date such property is placed in service, and
depreciation for real property, including improvements and buildings shall be
determined on a straight-line basis over a period of thirty (30) years.

     "Effective Date" means the date the parties execute this Agreement.

     "Equipment Contract" means any contract to finance or acquire equipment or
property for use in connection with the Project Facilities, whether constituting
or characterized as a loan or credit agreement, purchase agreement, financing
lease, capital lease, participating lease, license or otherwise.

     "Equipment Vendor" means any Person that sells, leases or licenses personal
property to Kickapoo for use in connection with the Project Facilities.


                                       -4-

<PAGE>

     "Furnishings and Equipment" shall mean all furniture, furnishings and
equipment required for the operation of the Project Facilities, including,
without limitation:

          (i) cashier, money sorting and money counting equipment, surveillance
     and communication equipment, and security equipment;

          (ii) slot machines, video games of chance, table games, keno equipment
     and other gaming equipment;

          (iii) office furnishings and equipment;

          (iv) specialized equipment necessary for the operation of any portion
     of the Project Facilities for accessory purposes, including equipment for
     kitchens, laundries, dry cleaning, cocktail lounges, restaurants, public
     rooms, commercial and parking spaces, and recreational facilities;

          (v) hotel equipment, furniture and furnishings (to the extent a hotel
     is included in the Project Facilities); and

          (vi) all other furnishings and equipment now or hereafter located and
     installed in or about the Project Facilities which are used in the
     operation of the Project Facilities.

     "GAAP" means generally accepted accounting principles set forth in the
opinions and pronouncements of the Accounting Principles Board of the American
Institute of Certified Public Accountants and statements and pronouncements of
the Financial Accounting Standards Board or in such other statements by such
other entity as have been approved by a significant segment of the accounting
profession.

     "Gaming Commission" means any tribal commission or body of the Kickapoo
Tribe that is lawfully performing the obligations and exercising the rights of
the tribal gaming regulatory agency established pursuant to the Kickapoo Tribe's
Gaming Ordinance.

     "Gaming Facility" means all buildings, structures and improvements,
together with all furniture, fixtures and equipment and personal property
(whether tangible or intangible) to be used in connection with the operation of
Class II Gaming and/or Class III Gaming conducted at the Kickapoo Lucky Eagle
Casino, located near Eagle Pass, Texas.

     "Gaming Operation" means a "gaming operation" as defined in NIGC
regulations, 25 C.F.R.Section 502.10.

     "Gaming Ordinance" means any valid gaming ordinance of the Kickapoo Tribe
that is in effect for purposes of and to the extent required by IGRA or the
Compact.

     "Governmental Authority" means the United States, the BIA, the State, the
Kickapoo Tribe and any governmental court, agency, department, commission,
board, bureau or instrumentality of the foregoing (including the NIGC), but only
to the extent it has legal jurisdiction over Class II Gaming or Class III Gaming
at the Gaming Facility, the construction of


                                       -5-

<PAGE>

the Project Facilities, operation of the Project Facilities, or Kickapoo's or
Lakes' obligations under this Agreement or any KTTT Note.

     "IGRA" means the Indian Gaming Regulatory Act of 1988, P.L. 100-497, 25
U.S.C. Sections 2701, et seq., as it may be amended from time to time, and all
regulations of the NIGC promulgated thereunder.

     "KTTT Event of Default" is defined in Section 8.3.

     "KTTT Note and KTTT Notes" are defined in Section 3.1(a).

     "Lakes" means Lakes Kickapoo Consulting, LLC, a Minnesota limited liability
company and a wholly owned subsidiary of Lakes Gaming and Resorts, LLC.

     "Lakes Event of Default" is defined in Section 8.1.

     "Legal Requirements" means the Compact and all present and future federal,
State, Tribe and local laws, ordinances, rules, regulations, permits, licenses
and certificates, and any and all present and future orders of courts and
administrative bodies of competent jurisdiction, applicable to the Project, the
Project Facilities, this Agreement, or any KTTT Note.

     "Management Contact" means a management contract as defined in IGRA.

     "Material Breach" by any party means (a) a material failure of the party to
perform a material obligation under this Agreement for reasons not excused under
Section 11.5 (Force Majeure); or (b) any material representation or warranty of
a party made in this Agreement proves to be knowingly false or erroneous in any
material way when made or at any time shall fail to be true and correct in all
material respects.

     "Monthly Consulting Fixed Fee" means the compensation to Lakes as described
in Section 5.1 herein.

     "NIGC" means the National Indian Gaming Commission established by IGRA.

     "Opening Date" means the first day on which the Gaming Facility is open to
the public for the conduct of Class II Gaming and/or Class III Gaming following
the Effective Date of this Agreement.

     "Person" means any entity, whether an individual, trustee, corporation,
general partnership, limited partnership, limited liability company, limited
liability partnership, joint stock company, trust, estate, unincorporated
organization, business association, Indian tribe, commission, instrumentality,
firm, joint venture, Governmental Authority, or otherwise.

     "Project Facilities" means the Gaming Facility and the Ancillary Facilities

     "Proprietary Interest" means proprietary interest in a Gaming Operation
within the meaning of IGRA.


                                       -6-

<PAGE>

     "State" means the State of Texas.

     "Term" of this Agreement is defined in Section 9.1.

     "Tribal Agreement" shall mean the agreement between the Kickapoo Tribe and
Lakes or its Affiliate as described in Section 6.2(n).

                                    ARTICLE 2
                    BUSINESS TURN-AROUND CONSULTING SERVICES

     Section 2.1 Project Facilities Operations Consulting. In connection with
operations of the Project Facilities, Lakes shall assist Kickapoo in its
operations of the Project Facilities by providing consulting services to
Kickapoo related to establishing and implementing improved and upgraded gaming
and ancillary systems in the following areas: making recommendations to Kickapoo
as to: (a) general Gaming Operations, (b) electronic gaming device operations,
(c) table game operations if permitted, (d) cage, vault and count room
operations, (e) surveillance department operations, (f) security department
operations, (g) marketing and advertising, (h) food and beverage operations, (i)
human resources, (j) facilities and maintenance (including waste water
treatment), (k) finance, (l) information systems, (m) transportation and Project
Facilities access, and (n) other tribal economic development opportunities and
strategies. Lakes shall continue to provide the Project Facilities operations
consulting services as described above until either this Agreement expires or is
properly terminated. At all times, Kickapoo shall have the sole proprietary
interest in and management responsibility for the conduct of all Gaming
Operations conducted at the Gaming Facility during the period Lakes is providing
operations consulting services under this Agreement.

     Section 2.2 Cooperative Efforts. Both parties to this Agreement shall
exercise their best efforts to fully cooperate with each other in the
performance of the operations consulting services to be rendered hereunder;
provided, however, that it shall be within the sole discretion of Kickapoo to
determine whether or not to act upon or implement the technical assistance,
consultation or advice provided by Lakes.

     Section 2.3 No Management Services Provided. The parties expressly
acknowledge that this Agreement is for consulting services only and that Lakes
shall not engage in any management activities or perform any management services
hereunder with respect to the Project Facilities' operations. The parties
expressly acknowledge that the decision to adopt, approve or implement any
proposal, suggestion or recommendation made by Lakes in connection with its
operations consulting services shall rest exclusively with Kickapoo.

     Section 2.4 Exclusive Right to Develop and Consult. Kickapoo hereby grants
to Lakes the exclusive right to provide consulting services (and to assist in
the financing, development, construction, and equipping) in connection with
operations of any Class II Gaming and/or Class III Gaming facility and any
ancillary facilities enhancing such gaming facility operated by Kickapoo in the
State of Texas, including a hotel, any conference/convention facilities, food
and beverage outlets, retail outlets, golf course, and any other enterprise
designed to promote, support, or enhance such gaming facility.


                                       -7-

<PAGE>

     Section 2.5 Equipment Contracts. Lakes will assist in the selection,
ordering, expediting, and installation of furniture, fixtures and equipment
required for the Project Facilities. Lakes shall propose to Kickapoo for its
approval one or more contractors to provide equipment or personal property for
use in connection with operations of the Project Facilities, (the "Equipment
Contractor"). As soon as reasonably practical, Kickapoo shall either approve or
reject each proposed Equipment Contractor. In the case of a rejection, the
process shall be repeated until Kickapoo has approved a Equipment Contractor
proposed. Once the Equipment Contractor has been approved by Kickapoo, Lakes
shall negotiate and propose to Kickapoo for its approval one or more forms of
agreements for execution by Kickapoo to engage the Equipment Contractor (the
"Equipment Contract").

                                    ARTICLE 3
                           BUSINESS IMPROVEMENTS LOAN

     Section 3.1 Business Improvements Loan. Subject to the terms and conditions
in this Article 3, Lakes shall make advances if needed from time to time to
Kickapoo with respect to certain improvements to the Project Facilities designed
to assist business turn-around (collectively the "Business Improvements Loan")
in an amount to be agreed to by the parties, but not to exceed $2,000,000. Lakes
shall have no obligation to advance any funds under the Business Improvements
Loan in excess of the amount agreed to by the parties. Lakes' obligation to
advance funds to Kickapoo under the Business Improvements Loan shall be subject
to each of the following requirements:

     (a)  All advances made pursuant to the Business Improvements Loan shall be
          evidenced by one or more promissory notes prepared by Lakes,
          substantially in the form attached as EXHIBIT A to this Agreement
          ("KTTT Note"), in each case executed on behalf of Kickapoo, and dated
          the date of the applicable loan (collectively the "KTTT Notes"), to be
          payable from and secured by a pledge in (i) all Adjusted Gross
          Revenues from the Project Facilities or any other gaming project and
          any ancillary facilities related thereto owned directly or indirectly
          by Kickapoo or the Kickapoo Tribe; (ii) the Furnishing and Equipment
          of the Project Facilities or any other gaming project and any
          ancillary facilities related thereto owed directly or indirectly by
          Kickapoo or the Kickapoo Tribe; and (iii) any fee lands upon which the
          Project Facilities are located (collectively, the "Collateral"). In no
          event shall Lakes have recourse to Adjusted Gross Revenue
          distributions already received by Kickapoo from the Project Facilities
          and made to the Kickapoo Tribe in accordance with this Agreement
          and/or any applicable dominion account agreement.

     (b)  If the principal amount of the KTTT Note is exceeded by any pending
          advance on the Business Improvements Loan, prior to such advance being
          made and prior to Lakes having any obligation to fund such advance,
          Kickapoo shall execute and deliver to Lakes either (i) an amendment to
          such KTTT Note, increasing the principal amount of the note by an
          amount at least equal to the pending advance,


                                       -8-

<PAGE>

          or (ii) an additional KTTT Note with a principal amount at least equal
          to the principal amount of the pending advance, as determined by
          Lakes.

     (c)  Amounts advanced from time to time as part of the Business
          Improvements Loan shall bear interest, from the date of advance, at
          the prime interest rate of Chase Manhattan Bank U.S.A., N.A. (or any
          successor bank) plus two percent (2%).

     (d)  Unless otherwise agreed by the parties in writing, all principal and
          interest accrued on the Business Improvements Loan shall become due
          and payable in thirty-six (36) equal monthly installments beginning on
          the 25th day of the first full calendar month following twelve (12)
          months after the date the first loan advance is made (the "Maturity
          Date"), which payments shall be adjusted from time to time as
          necessary to fully repay all principal, plus accrued interest thereon,
          by the Maturity Date. Notwithstanding the foregoing, Business
          Improvements Loan shall become due and owing in its entirety upon (i)
          the occurrence of a KTTT Event of Default under Section 8.3, which
          default is either incapable of cure or has not been cured within the
          time period set forth in Section 8.4, or (ii) termination of this
          Agreement under Section 9.3.

     (e)  The Business Improvements Loan may be prepaid without penalty by
          Kickapoo at any time, in whole or in part, together with accrued and
          unpaid interest thereon.

     (f)  No amounts shall be loaned under the Business Improvements Loan in
          excess of the amount agreed to by the parties, unless Lakes in its
          sole discretion agrees to advance such funds.

     (g)  The Business Improvements Loan, together with interest thereon, shall
          be payable from and secured by a pledge of the Collateral.

          To that end, Kickapoo hereby pledges and grants a security interest in
          the Collateral to Lakes to secure Kickapoo's obligations under this
          Agreement and under the KTTT Notes, further agrees to entered into
          standard and customary dominion account agreements/security
          agreements/mortgages or deeds of trust necessary to evidence and
          effectuate such liens, and authorizes Lakes to file those financing
          statements and similar documents and agreements as Lakes may believe
          appropriate to perfect such liens.

     (h)  Notwithstanding anything to the contrary in this Article 3, Lakes
          shall not be obligated to fund any advances on the Business
          Improvements Loan after the earliest of:

          (i)  the second anniversary of the first advance under the Business
               Improvements Loan;

          (ii) the failure of Kickapoo to cure, within the time prescribed in
               this Agreement, any default under this Agreement, any KTTT Note,
               or any related documents or agreements for which Kickapoo
               receives written notice;


                                       -9-

<PAGE>

          (iii) sixty (60) days after written notice by Lakes that a reasonable
               basis exists for concluding that this Agreement or the operation
               of the Project's Gaming Facility is not lawful;

          (iv) any determination by Lakes that a reasonable basis exists for
               concluding that any material terms of this Agreement or the KTTT
               Notes are not valid or binding obligations of the Kickapoo; and

          (v)  any reasonable determination by Lakes (which may be based on the
               advice of legal counsel) that any representations contained in
               Section 6.2 are not true and correct.

          (vii) the commencement of any litigation which, in the reasonable
               determination of Lakes, has a reasonable likelihood of preventing
               operations of the Project Facilities for more than three (3)
               months after the Effective Date of this Agreement.

                                    ARTICLE 4
                       CONDITIONS PRECEDENT TO OBLIGATIONS

     Section 4.1 Conditions Precedent to First Advance of the Business
Improvements Loan or to Perform any Obligations. Notwithstanding Sections 2.1 or
3.1, Lakes is not required to make any advance under the Business Improvements
Loan or perform any obligations under this Agreement until Lakes receives each
of the following in form and substance reasonably satisfactory to Lakes:

     (a)  copy of tribal laws in a form sufficient as determined by Lakes to
          perfect the security interests and liens granted to it hereunder;

     (b)  copy of one or more resolutions of the governing bodies of Kickapoo
          and the Kickapoo Tribe authorizing and ratifying the adoption, or the
          execution, delivery and performance by the Kickapoo Tribe or Kickapoo,
          as applicable, of (i) the Compact (if in effect), (ii) the Gaming
          Ordinance, (iii) this Agreement, and (iv) the KTTT Notes and related
          documents and security instruments;

     (c)  original of any license(s) required by any Government Authority for
          the Lakes services (as described in this Agreement) in connection with
          the operations of the Project Facilities;

     (d)  an opinion of an attorney for Kickapoo in form reasonably satisfactory
          to Lakes to the effect that (i) this Agreement, the KTTT Notes, and
          any security instruments to be executed by Kickapoo in connection with
          this Agreement will be valid, binding and perfected obligations of
          Kickapoo, enforceable in accordance with their terms, (ii) the
          Kickapoo Tribe is an Indian tribe within the meaning of IGRA, (iii)
          each of the actions of Kickapoo or Kickapoo Tribe, as applicable,
          referred to above in this Section have been validly taken by Kickapoo
          or


                                      -10-

<PAGE>

          Kickappo Tribe and is in full force and effect, (iv) the Kickapoo
          Tribe is legally permitted to conduct Class II Gaming (and Class III
          Gaming in the event of a Compact) activities in the State under all
          Legal Requirements, (v) the site for the Gaming Facility constitutes
          "Indian lands" upon which the Kickapoo Tribe may legally conduct
          gaming under IGRA, and (vi) The Kickapoo Tribe has entered into an
          agreement with Lakes or its Affiliate which (i) confirms that all
          gaming and related project facilities of the Kickapoo Tribe will be
          owned and operated by Kickapoo or another subsidiary of the Kickapoo
          Tribe, (2) grants Lakes or its Affiliate the right to participate in
          any gaming projects owned and operated by Kickapoo or another
          subsidiary of the Kickapoo Tribe under the same terms and conditions
          described in this Agreement, and (3) contains representations,
          warranties and covenants substantially similar to those contained in
          Articles 6 and 7 hereof, insofar as applicable; and with respect to
          such agreement, the same constitutes valid, binding and enforceable
          obligations of the Kickapoo Tribe, enforceable in accordance with
          their terms.

     (e)  a letter from the NIGC determining that the site for the Gaming
          Facility constitutes "Indian lands" upon which the Kickapoo Tribe may
          legally conduct gaming under IGRA

                                    ARTICLE 5
                      COMPENSATION FOR CONSULTING SERVICES

     Section 5.1 Consulting Services Compensation. For its services under this
Agreement, Lakes shall receive a fee equal to a flat fee of $100 per month for
eighty-four (84) months in accordance with the payment terms described in
Section 5.2 below ("Monthly Consulting Fixed Fee")

     Section 5.2 Terms of Payment. The Monthly Consulting Fixed Fee shall be
earned but not paid during the first twelve (12) months of this Agreement.
Thereafter, the Monthly Consulting Fixed Fee shall be due and paid commencing on
the 25th day of the following calendar month, and become due and payable on the
25th day of each successive month. Any unpaid Monthly Consulting Fixed Fees
accrued during the first twelve (12) months of this Agreement shall be paid in
equal monthly installments amortized over the remaining six (6) years term of
this Agreement.

     Section 5.3 Consulting Fee Security. To secure payment of the Monthly
Consulting Fixed Fees, Kickapoo hereby pledges and grants a security interest to
the extent permitted in all Collateral to Lakes to secure Kickapoo's obligations
under this Agreement in connection with payment of the Monthly Consulting Fixed
Fees, further agrees to enter into standard and customary dominion account
agreements/security agreements/mortgages or deeds of trust necessary to evidence
and effectuate such liens, and authorizes Lakes to file those financing
statements and similar documents and agreements as Lakes may believes
appropriate to perfect such liens.


                                      -11-

<PAGE>

                                    ARTICLE 6
                         REPRESENTATIONS AND WARRANTIES

     Section 6.1 Representations and Warranties of Lakes. Lakes represents and
warrants to Kickapoo that:

     (a)  Organization. Lakes is a limited liability company duly formed and
          validly existing under the laws of the State of Minnesota.

     (b)  Authority. Lakes has the full legal right and authority to enter into
          this Agreement, to perform its obligations under this Agreement, and
          to consummate all other transactions contemplated by this Agreement.

     (c)  Binding Obligation. This Agreement has been duly executed and
          delivered by Lakes and constitutes a legal, valid and binding
          obligation of Lakes, enforceable against Lakes in accordance with its
          terms, except as enforceability may be limited by future bankruptcy,
          insolvency or similar proceedings, limitations on rights of creditors
          generally and principles of equity, and assuming such agreements are
          binding against the other parties thereto.

     (d)  No Litigation. There are no judgments entered, or actions, suits,
          investigations or proceedings pending, or to the knowledge of Lakes,
          threatened against Lakes, its Affiliates, or any of its assets or
          properties that could have a material adverse effect on its ability to
          enter into or perform this Agreement.

     (e)  No Violation or Conflict. The execution, delivery and performance by
          Lakes of this Agreement does not violate any Legal Requirement
          applicable to Lakes, other than a violation that shall not materially
          adversely affect the Project or Kickapoo's obligations or rights under
          this Agreement. The execution, delivery and performance of this
          Agreement does not conflict with or result in any breach of any
          provision of, or constitute a default under, or result in the
          imposition of any lien or charge upon any asset of Lakes under, or
          result in the acceleration of any obligation under the terms of any
          agreement or document binding upon Lakes, other than a conflict,
          breach, default or imposition that shall not materially adversely
          affect any particular Project or Kickapoo's obligations or rights
          under this Agreement.

     (f)  No Consents. No consent from any Governmental Authority arising from
          any Legal Requirements not heretofore obtained by Lakes is required
          for Lakes to execute, deliver and perform its obligations hereunder;
          provided that Lakes makes no representation or warranty with respect
          to any consent that may be required by the Gaming Commission,
          Kickapoo, the Kickapoo Tribe, NIGC or BIA.


                                      -12-

<PAGE>

     (g)  Full Disclosure. No representation or warranty of Lakes in this
          Agreement and no report or statement delivered to Kickapoo by or on
          behalf of Lakes, contains any untrue statement or omits to state a
          material fact necessary to make any such representation, warranty,
          report or statement, in light of the circumstances in which they were
          made, not misleading.

     (h)  Financial Capacity. Lakes has the financial capacity to finance any
          and all amounts necessary in order to comply with Lakes' commitment to
          provide the Business Improvements Loan under Article 3 hereof, and
          the provision of such financing will not result in Lakes becoming
          insolvent or otherwise being unable to pay its debts as they become
          due.

     (i)  Brokers' Fees and Other Fees and Expenses. Except for the letter
          agreement dated August 20, 2004 with Kevin Kean and the definitive
          consulting agreement to be negotiated and executed as contemplated
          thereunder, neither Lakes nor any of its Affiliates has as of the
          Effective Date of this Agreement engaged, nor has any liability or
          obligation to pay any fees, commissions or expenses with respect to,
          any broker, finder or agent, investment banker, or any similar advisor
          or services provider, with respect to or in connection with the
          transactions contemplated by this Agreement for which Lakes or its
          Affiliates could become liable or obligated, and neither Kickapoo nor
          any of its Affiliates has any liability or obligation to pay any of
          such amounts.

     Section 6.2 Representations and Warranties by Kickapoo. Kickapoo represents
and warrants to Lakes that:

     (a)  Organization. Kickapoo is a wholly-owned subsidiary of and a
          governmental instrument of the Kickapoo Tribe, which is an Indian
          tribe eligible to conduct gaming within the meaning of IGRA.

     (b)  Authority and Power. Kickapoo has taken all action required by tribal
          law without the necessity of further action to authorize the
          execution, delivery and performance of this Agreement, all KTTT Notes
          and related security documents and instruments described herein.
          Kickapoo has all requisite power and authority to enter into this
          Agreement, all KTTT Notes, and related security documents and
          instruments described herein to perform its obligations under this
          Agreement, all KTTT Notes, and related security documents and
          instruments described herein, and to consummate all other transactions
          contemplated by this Agreement, the KTTT Notes and related security
          documents and instruments described herein.

     (c)  Binding Obligations. Each of this Agreement (including but not limited
          to, the waiver of sovereign immunity in Article 10), the KTTT Notes
          and related security documents and instruments described herein has
          been duly executed and delivered by Kickapoo and is a legal, valid,
          binding and perfected obligation of Kickapoo, enforceable against
          Kickapoo in accordance with its terms, except as


                                      -13-

<PAGE>

          enforceability may be limited by future bankruptcy, insolvency or
          similar proceedings, limitations on rights of creditors generally and
          principles of equity, and assuming the foregoing agreements are
          binding against the other parties thereto.

     (d)  Gaming Facility Site. The site for the Gaming Facility constitutes
          "Indian lands" upon which the Kickapoo Tribe may legally conduct
          gaming under IGRA.

     (e)  Gaming Permitted. The Kickapoo Tribe is legally permitted to conduct
          Class II Gaming (and Class III Gaming in the event of a Compact)
          activities in the State under all Legal Requirements,

     (f)  Gaming Rights. Once signed by the Kickapoo Tribe and the State and
          approved and published by the Secretary of the United States
          Department of the Interior, the Compact will be in effect and will be
          a valid and binding obligation of the Kickapoo Tribe. Kickapoo will
          then have the right to engage in Class III Gaming at the Gaming
          Facility to be operated by the Kickapoo in connection with this
          Agreement to the extent set forth in the Compact.

     (g)  Gaming Licenses. All licenses, permits, approvals or other authority
          required from the Gaming Commission to permit Lakes to enter into this
          Agreement and perform its obligations under this Agreement have been
          granted.

     (h)  No Material Negative Obligations. There are no outstanding obligations
          owing by Kickapoo or Kickapoo Tribe or affecting either the site of
          the Gaming Facility or the Project Facilities, whether arising from
          contracts, instruments, orders, judgments, decrees or otherwise, that
          are likely to materially and adversely affect the Project Facilities
          or Lake's obligations or rights under this Agreement, any KTTT Note
          and related security documents and instruments described herein.

     (i)  No Violation or Conflict. The execution, delivery and performance by
          Kickapoo of this Agreement, any KTTT Note and related security
          documents and instruments described herein does not violate any Legal
          Requirements. The execution, delivery and performance of this
          Agreement, any KTTT Note and related security documents and
          instruments described herein by Kickapoo does not conflict with or
          result in any breach of any provision of, or constitute a default
          under, or result in the imposition of any lien or charge upon any
          asset of Kickapoo under, or result in the acceleration of any
          obligation under the terms of any agreement or document binding upon
          Kickapoo, other than a conflict, breach, default or imposition as
          shall not materially adversely affect the Project Facilities or Lake's
          obligations or rights under this Agreement, any KTTT Note and related
          security documents and instruments described herein.

     (j)  No Litigation. There are no judgments entered, or actions, suits,
          investigations or proceedings pending, or to the knowledge of
          Kickapoo, threatened, against Kickapoo or the Kickapoo Tribe, or any
          of the assets or properties of Kickapoo,


                                      -14-

<PAGE>

          that could have a material adverse effect on the Project Facilities,
          Kickapoo's ability to enter into or perform this Agreement or Lakes'
          obligations or rights under this Agreement, any KTTT Note and related
          security documents and instruments described herein.

     (k)  No Consents. No consent from any Governmental Authority arising from
          any Legal Requirements not heretofore obtained by Kickapoo is required
          to execute, deliver and perform its obligations hereunder.

     (l)  Full Disclosure. No representation or warranty of Kickapoo in this
          Agreement and no report or statement delivered to Lakes by or on
          behalf of Kickapoo, contains any untrue statement or omits to state a
          material fact necessary to make any such representation, warranty,
          report or statement, in light of the circumstances in which they were
          made, not misleading. Kickapoo has fully disclosed the existence and
          terms of all agreements and Legal Requirements, written or oral,
          relating to the Project Facilities.

     (m)  No Tribal Tax. Neither the Project Facilities nor the transaction(s)
          between the parties contemplated by this Agreement, the KTTT Notes,
          and any related security documents and instruments described herein
          are now, or at any time during the term of this Agreement will be,
          subject to any tribal tax of any sort other than (i) reasonable
          pass-through taxes on Project Facilities patrons which are consistent
          with gaming resort industry practices, and (ii) license or other fees
          for background investigations performed by the Gaming Commission of
          "key employees" and "primary management officials" of the Gaming
          Facility, as defined in 25 C.F.R.Section 502.14 and 25 C.F.R. Section
          502.19, and reasonable and customary regulatory fees imposed on the
          Gaming Facility by the Gaming Commission (which amounts shall be
          subject to an annually approved budget submitted by the Gaming
          Commission).

     (n)  Tribal Agreement. The Kickapoo Tribe has entered into an agreement
          with Lakes or its Affiliate which (i) confirms that all gaming and
          related project facilities of the Kickapoo Tribe will be owned and
          operated by Kickapoo or another subsidiary of the Kickapoo Tribe, (2)
          grants Lakes or its Affiliate the right to participate in any gaming
          projects owned and operated by Kickapoo or another subsidiary of the
          Kickapoo Tribe under the same terms and conditions described in this
          Agreement, and (3) contains representations, warranties and covenants
          substantially similar to those contained in Articles 6 and 7 hereof,
          insofar as applicable; and with respect to such agreement, the same
          constitutes valid, binding and enforceable obligations of the Kickapoo
          Tribe, enforceable in accordance with their terms.


                                      -15-

<PAGE>

                                    ARTICLE 7
                                    COVENANTS

     Section 7.1 Covenants of Lakes. Lakes covenants and agrees as follows:

     (a)  Additional Documents. Lakes shall execute any additional instruments
          as may be reasonably required by Kickapoo to carry out the intent of
          this Agreement or to perfect or give further assurances of any of the
          rights granted or provided for under this Agreement.

     Section 7.2 Covenants of Kickapoo. Kickapoo covenants and agrees as
follows:

     (a)  Additional Documents. Kickapoo shall execute any additional
          instruments as may be reasonably required by Lakes to carry out the
          intent of this Agreement or to perfect or give further assurance of
          any of the rights granted or provided for under this Agreement or any
          KTTT Note, including execution of the related security documents and
          instruments described herein.

     (b)  Non-Impairment. Neither Kickapoo nor the Kickapoo Tribe shall enact
          any law, ordinance, rule or regulation impairing the rights or
          obligations of Kickapoo or Lakes under this Agreement or under any
          contracts entered into by Kickapoo or impairing the rights and
          obligations of Lakes in furtherance of the equipping or operations of
          the Project Facilities, including but not limited to this Agreement
          and any contract or agreement entered into or contemplated by this
          Agreement.

     (c)  Records. Kickapoo shall maintain or cause to be maintained full and
          accurate accounts and records for the Project Facilities according to
          GAAP.

     (d)  No Liens. Unless Lakes otherwise consents in writing, Kickapoo shall
          not cause or voluntarily permit any lien or encumbrance to be created
          on the Project Facilities, the site for the Gaming Facility or any
          proceeds of the Business Improvements Loan.

     (e)  No Tax. Neither Kickapoo nor the Kickapoo Tribe shall impose any tax,
          fee or assessment on Lakes, the Project Facilities, this Agreement,
          the KTTT Notes, and any related security documents and instruments
          described herein other than (i) reasonable pass-through taxes on
          Project patron which are consistent with gaming resort industry
          practices, and (ii) license or other fees for background
          investigations performed by the Gaming Commission of "key employees"
          and "primary management officials" of the particular Project's Gaming
          Facility, as defined in 25 C.F.R. Section 502.14 and 25 C.F.R. Section
          502.19, and reasonable and customary regulatory fees imposed on the
          Gaming Facility by the Gaming Commission (which amounts shall be
          subject to an annually approved budget submitted by the Gaming
          Commission).


                                      -16-

<PAGE>

                                   ARTICLE 8
                                EVENTS OF DEFAULT

     Section 8.1 Events of Default by Lakes. Each of the following occurring
prior the date on which the Project has been substantially completed shall
constitute a "Lakes Event of Default":

     (a)  A Material Breach by Lakes.

     (b)  Lakes violates any of the covenants in Section 7.1 of this Agreement,
          and sixty (60) days have passed following a request by Kickapoo to
          Lakes to cure the violation, during which the violation has not been
          cured.

     (c)  Subject to Section 8.3, any license, permit or approval required to be
          received or maintained by Lakes to perform its obligations under this
          Agreement is denied, suspended, or revoked by proper and reasonable
          action of any state or federal Governmental Authority, and all rights
          to appeal or review the action have been exhausted.

     (d)  Lakes or any Affiliate of Lakes material to the Project Facilities
          has: (i) filed for relief under the United States Bankruptcy Code or
          has suffered the filing of an involuntary petition under the
          Bankruptcy Code that is not dismissed within sixty (60) days after
          filing; (ii) a receiver appointed to take possession of all or
          substantially all of the property of Lakes or any Affiliate of Lakes
          material to the Project Facilities ; or (iii) suffered an assignment
          for the benefit of creditors.

     Section 8.2 Cure of Lakes Default. Upon the occurrence of a Lakes Event of
Default, Kickapoo may provide written notice to Lakes of Kickapoo's intention to
terminate this Agreement and, if it is possible for Lakes to cure the Lakes
Event of Default, Lakes shall have thirty (30) days following receipt of the
notice to effect a cure; provided, however, that if the nature of such breach
(but specifically excluding breaches curable by the payment of money) is such
that it is not possible to cure such breach within thirty (30) days, such
thirty-day period shall be extended for so long as Lakes shall be using diligent
efforts to effect a cure thereof but no more than an additional sixty (60) days.
The discontinuance or correction of a Lakes Event of Default shall constitute a
cure thereof. If Lakes fails to cure the Lakes Event of Default within the cure
period, Kickapoo may: (a) suspend all performance of Kickapoo under this
Agreement; (b) terminate this Agreement under Section 9.4; or (c) pursue any
other remedy available at law or in equity, subject to the provisions of Section
10.1.

     Section 8.3 Events of Default by Kickapoo. Each of the following shall
constitute a "KTTT Event of Default":


                                      -17-

<PAGE>

     (a)  (i) A Material Breach by Kickapoo exists, or (ii) an "KTTT Event of
          Default" by Kickapoo exists under the KTTT Note, security agreement,
          dominion account agreement, mortgage or other document or instrument
          in favor of Lakes or its Affiliates and related thereto or this
          Agreement; or (iii) the Kickapoo Tribe shall be in default of any
          agreement now or hereafter executed by it in favor of Lakes or its
          Affiliates.

     (b)  The Gaming Commission or any other applicable governmental authority
          of the Kickapoo Tribe, in bad faith, without due process or
          unreasonably, denies, revokes, fails to renew or otherwise impairs any
          license, permit or approval required for Lakes or any Affiliate of
          Lakes to perform its obligations or enjoy its rights under this
          Agreement.

     (c)  Kickapoo violates any of the covenants in Section 7.2 of this
          Agreement, and after sixty (60) days have passed following a request
          by Lakes to Kickapoo to cure the violation, during which the violation
          has not been cured.

     (d)  Kickapoo or any Affiliate of Kickapoo material to the Project
          Facilities has: (i) filed for relief under the United States
          Bankruptcy Code or has suffered the filing of an involuntary petition
          under the Bankruptcy Code that is not dismissed within sixty (60) days
          after filing; (ii) a receiver appointed to take possession of all or
          substantially all of Kickapoo's property; or (iii) suffered an
          assignment for the benefit of creditors.

     (e)  The Compact (if in effect) is determined by any court of competent
          jurisdiction to be invalid and such determination becomes final and
          non-appealable.

     (f)  The Kickapoo Tribe is no longer an Indian tribe eligible to conduct
          gaming within the meaning of IGRA.

     (g)  Any order or judgment of any court of competent jurisdiction enjoins
          the operations of the Project Facilities in any material manner, and
          the injunction continues for thirty (30) days.

     Section 8.4 Cure of KTTT Event Default. Upon the occurrence of a KTTT Event
of Default, Lakes may provide written notice to Kickapoo of such default, and,
if it is possible for Kickapoo or the Kickapoo Tribe to cure the KTTT Event of
Default, Kickapoo shall have thirty (30) days following receipt of notice to
effect a cure; provided, however, that if the nature of such breach (but
specifically excluding breaches curable by the payment of money) is such that it
is not possible to cure such breach within thirty (30) days, such thirty-day
period shall be extended for so long as Kickapoo or Kickapoo Tribe shall be
using diligent efforts to effect a cure thereof but no more than an additional
sixty (60) days. The discontinuance or correction of a KTTT Event of Default
shall constitute a cure thereof. If Kickapoo or the Kickapoo Tribe fails to cure
the KTTT Event of Default within the cure period, Lakes may take any one or more
of the following actions: (a) suspend all performance of Lakes under this
Agreement; (b) declare


                                      -18-

<PAGE>

all principal and interest accrued on all KTTT Notes and the Project Development
Fees to be immediately due and owing, (c) terminate this Agreement under Section
9.3; or (d) pursue any other remedy available by agreement, at law or in equity,
subject to the provisions of Section 10.1.

                                    ARTICLE 9
                                TERM OF AGREEMENT

     Section 9.1 Term. This Agreement shall become effective and binding upon
the parties on the Effective Date, and shall continue in effect for seven (7)
years from the Effective Date or until the Monthly Consulting Fixed Fee(s) and
the Business Improvements Loan have been fully paid, whichever date is later,
subject to earlier termination as provided in Article 7 or this Article;
provided that (a) all rights of any party to assert a Claim against the other
shall survive the termination of this Agreement, and (b) all provisions of
Article 9 and Article 10 shall survive a termination.

     Section 9.2 Mutual Termination. This Agreement may be terminated at any
time by the mutual written consent of Lakes and Kickapoo.

     Section 9.3 Termination by Lakes. This Agreement may be terminated upon
notice by Lakes to Kickapoo if an uncured KTTT Event of Default exists under
Section 7.3 and all applicable grace and cure periods have expired.

     Section 9.4 Termination by Kickapoo. This Agreement may be terminated upon
notice by Kickapoo to Lakes if an uncured Lakes Event of Default exists under
Section 7.1 and all applicable grace and cure periods have expired.

     Section 9.5 Buy-out Option. Following forty-eight (48) months of continuous
operation of the Project's gaming operations following the Opening Date,
Kickapoo shall have the option to buy out the Lakes' remaining rights under this
Agreement for an amount equal to the present value, using a discount rate which
is the greater of either two percent (2%) above the prime interest rate of Chase
Manhattan Bank U.S.A., N.A. (or any successor bank) in place at the time the
buy-out option is exercised of the Remaining Consulting Fees (as hereinafter
defined). The term "Remaining Consulting Fees" shall mean the total Monthly
Consulting Fixed Fees which would have been payable to Lakes under Section 5.1
hereof for the balance of the term of this Agreement.

                                   ARTICLE 10
       DISPUTE RESOLUTION; WAIVERS OF SOVEREIGN IMMUNITY AND TRIBAL COURT
                           JURISDICTION; GOVERNING LAW

     Section 10.1 Dispute Resolution. The parties agree that any Claim shall be
governed by the following dispute resolution procedures:


                                      -19-

<PAGE>

     (a)  The parties shall use their best efforts to settle the Claim. To this
          effect, they shall consult and negotiate with each other in good faith
          and, recognizing their mutual interests, attempt to reach a just and
          equitable solution satisfactory to both parties. If they do not reach
          such solution within a period of ten (10) days, then, upon notice by
          either party to the other, all Claims shall be settled by arbitration
          administered by the American Arbitration Association in accordance
          with the provisions of its Commercial Arbitration Rules in effect at
          the time of submission; except that: (a) the question whether or not a
          Claim is arbitrable shall be a matter for binding arbitration by the
          arbitrators, such question shall not be determined by any court and,
          in determining any such question, all doubts shall be resolved in
          favor of arbitrability; and (b) discovery shall be permitted in
          accordance with the Federal Rules of Civil Procedure, subject to
          supervision as to scope and appropriateness by the arbitrators. Unless
          the parties otherwise agree to in writing, arbitration proceedings
          shall be held at Del Rio, Texas.

     (b)  The arbitration proceedings shall be conducted before a panel of three
          neutral arbitrators, all of whom shall be currently licensed
          attorneys, actively engaged in the practice of law for at least ten
          (10) years, one of which shall have five (5) years of experience in
          federal Indian law, and one of which shall have five (5) years of
          experience in the gaming industry. The arbitrator selected by the
          claimant and the arbitrator selected by respondent shall, within ten
          (10) days of their appointment, select a third neutral arbitrator. In
          the event that they are unable to do so, the parties or their
          attorneys may request the American Arbitration Association to appoint
          the third neutral arbitrator. Prior to the commencement of hearings,
          each of the arbitrators appointed shall provide an oath or undertaking
          of impartiality. Kickapoo further agrees that any arbitration
          proceeding held in connection with any Claim may be consolidated with
          any other arbitration proceeding involving Lakes or its Affiliates and
          any of Kickapoo's Affiliates.

     (c)  The arbitration award shall be in writing signed by each of the
          arbitrators, and shall state the basis for the award. The arbitration
          award shall be set forth in reasonable detail as to its findings of
          fact and law, and basis of determination of award form and amount.
          Except to the extent such enforcement will be inconsistent with a
          specific provision of this Agreement, arbitration awards made pursuant
          to this Article 12 shall be enforceable in federal court under Title 9
          of the United States Code and any applicable tribal, federal or state
          law governing the enforcement of arbitration awards. In addition to
          any basis for appeal of an arbitration award stated in Title 9 of the
          United States Code or any applicable law governing the enforcement of
          arbitration awards, either party hereto may appeal an arbitration
          award on the basis that the arbitrators incorrectly decided a question
          of law in making the award, or the award was made in an arbitrary or
          capricious manner or in manifest disregard of the factual evidence.

     (d)  Either party hereto, without having to exhaust any tribal remedies
          first, shall have the right to seek and obtain a court order from a
          court having jurisdiction over the parties requiring that the
          circumstances specified in the order be maintained


                                      -20-

<PAGE>

          pending completion of the arbitration proceedings, to the extent
          permitted by applicable law.

     (e)  Judgment on any arbitration award may be entered in any court having
          jurisdiction over the parties. The arbitrators shall not have the
          power to award punitive, exemplary or consequential damages, or any
          damages excluded by or in excess of any damage limitations expressed
          in this Agreement.

     (f)  Kickapoo hereby expressly waives, and also waives its right to assert,
          sovereign immunity and any and all defenses based thereon with respect
          to any Claims; and Kickapoo hereby consents to (i) binding arbitration
          under the Commercial Arbitration Rules of the American Arbitration
          Association, (ii) empowering the arbitrators to take the actions and
          enforce the judicial remedies described in paragraph 5 of the Kickapoo
          Resolution of Limited Waiver of Sovereign Immunity dated January 19,
          2005 issued in connection with the execution of this Agreement, and
          (iii) judicial proceedings in or before the United States District
          Court for the Western District of Texas, or if that court determines
          it is without jurisdiction, then to the courts of the State of Texas
          and all courts to which an appeal therefrom may be available, but
          solely to compel, enforce, modify or vacate any arbitration award.

     (g)  To the extent lawful in connection with any such Claims, Kickapoo
          expressly waives the application of the doctrines of exhaustion of
          tribal remedies or comity that might otherwise require that Claims be
          heard first in tribal court or other tribal forum of Kickapoo Tribe.
          The waivers set forth herein only extend to claims or proceedings
          brought by Lakes and any award of damages against Kickapoo shall be
          payable solely out of the Collateral.

     Section 10.2 Governing Law. This Agreement is governed by the laws of the
State, except that the State's conflict of laws provisions shall not apply.

                                   ARTICLE 11
                                  MISCELLANEOUS

     Section 11.1 Assignment. The rights and obligations under this Agreement
shall not be assigned or subcontracted by any party without the prior written
consent of the other party; provided, however, Lakes may assign this Agreement
to a wholly owned subsidiary without Kickapoo's consent; provided further that
Lakes shall remain obligated for the performance of the Lakes subsidiary
hereunder. Other than as expressly provided in this Section 11.1, any attempted
assignment or subcontracting without prior written consent shall be void.
Subject to the preceding requirements, this Agreement is binding upon and inures
to the benefit of the parties and their respective successors and assigns.

     Section 11.2 Notices. Any notice, consent or any other communication
permitted or required by this Agreement: (a) must be in writing; (b) shall be
effective three (3) days after the


                                      -21-

<PAGE>

date sent; (c) must be delivered by personal service, via fax with reasonable
evidence of transmission, express delivery or by certified or registered mail,
postage prepaid, return receipt requested; and (d) until written notice of a new
address or addresses is given, must be addressed as follows:

     If to Kickapoo:   KTTT Enterprises
                       ATTN: Juan Garza, Jr., Council Chairman
                       HCR 1, Box 9700
                       Eagle Pass, Texas 78852
                       (830) 757-9228 (Fax)

     With a Copy to:   Roy Bernal, Tribal Administrator
                       Kickapoo Traditional Tribe of Texas
                       HCR 1, Box 9700
                       Eagle Pass, Texas 78852
                       (830) 757-9228 (Fax)

                       Gloria E. Hernandez, Tribal Attorney
                       HCR 1, Box 9700
                       Eagle Pass, Texas 78852
                       (830) 757-9228 (Fax)
                       (copy to counsel does not constitute notice to a party)

     If to Lakes:      Lakes Kickapoo Consulting, LLC
                       130 Cheshire Lane
                       Minnetonka, MN 55305
                       Attn: Timothy J. Cope

     With a Copy to:   Kevin C. Quigley, Esq.
                       Hamilton Quigley Twait & Foley PLC
                       W1450 First National bank Building
                       332 Minnesota Street
                       St. Paul, MN 55101-1314

     and               Brian J. Klein, Esq.
                       Maslon, Edelman, Borman & Brand, LLP
                       3300 Wells Fargo Center
                       90 South Seventh Street
                       Minneapolis, MN 55402-4140
                       (copy to counsel does not constitute notice to a party)

     Copies of any notices shall be given to the Gaming Commission at its last
known address.


                                      -22-

<PAGE>

     Section 11.3 Amendments. This Agreement may be amended only by written
instrument duly executed by all of the parties and with any and all necessary
regulatory approvals, if any, required by Legal Requirements.

     Section 11.4 Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same agreement.

     Section 11.5 Force Majeure. No party shall be in default in the performance
due under this Agreement if that failure of performance is due to causes beyond
its reasonable control, including but not limited to acts of God, war,
terrorism, fires, floods, or accidents causing material damage to or destruction
of the Project Facilities.

     Section 11.6 Preparation of Agreement. This Agreement has been carefully
prepared and reviewed by counsel for each party hereto and may not be construed
more strongly for or against any party.

     Section 11.7 Entire Agreement. This Agreement, including all exhibits,
represents the entire agreement between the parties and supersedes all
provisions of any prior agreements between the parties relating to the
development, financing, construction and equipping of the Project Facilities
(including the parties' Gaming Operations Consulting and Development Agreement
dated December 29, 2004), and any other matter addressed in this Agreement; but
shall specifically exclude any agreement related to the management of the
Project Facilities.

     Section 11.8 Indemnification by Lakes. Lakes shall immediately indemnify
Kickapoo and its Affiliates, agents, officers, employees, consultants, and
attorneys (each a "Kickapoo Indemnitee") from and against any and all damages,
claims, losses or expenses of whatever kind or nature, including attorneys' fees
and expenses as and when incurred in defending those claims, losses or expenses,
to the extent they result from (a) the gross negligence or willful misconduct of
Lakes with respect to (i) the Project Facilities or (ii) the performance or
non-performance of Lakes' obligations under this Agreement, or (b) the
performance by Kickapoo of any of its obligations under this Agreement but
excluding any claims, loss or expense arising from the gross negligence or
willful misconduct of Kickapoo. Kickapoo and Lakes shall consult and agree on
the defense and settlement of any matter in which indemnification is required of
Lakes, Kickapoo shall have the right to retain its separate counsel to advise it
thereon (but such counsel shall be at Kickapoo's own expense), and upon the
occurrence of any such claim, the parties shall enter into a mutually acceptable
agreement providing for the procedures by which any such claims shall be
prosecuted and related costs and expenses shall be reimbursed. Kickapoo shall be
listed as an insured on all insurance policies with respect to the Project
Facilities.

     Section 11.9 Indemnification by Kickapoo. Kickapoo shall immediately
indemnify Lakes and its Affiliates, agents, officers, employees, consultants,
and attorneys ( each a "Lakes Indemnitee") from and against any and all damages,
claims, losses or expenses of whatever kind or nature, including attorneys' fees
and expenses as and when incurred in defending those


                                      -23-

<PAGE>

claims, losses or expenses, to the extent they result from (a) the gross
negligence or willful misconduct of Kickapoo with respect to (i) the Project
Facilities or (ii) the performance or non-performance of Kickapoo's obligations
under this Agreement, or (b) the performance by Lakes of any of its obligations
under this Agreement but excluding any claims, loss or expense arising from the
gross negligence or willful misconduct of Lakes. Kickapoo and Lakes shall
consult and agree on the defense and settlement of any matter in which
indemnification is required of Kickapoo, Lakes shall have the right to retain
its separate counsel to advise it thereon (but such counsel shall be at Lakes'
own expense), and upon the occurrence of any such claim, the parties shall enter
into a mutually acceptable agreement providing for the procedures by which any
such claims shall be prosecuted and related costs and expenses shall be
reimbursed. Lakes shall be listed as an additional insured on all insurance
policies with respect to the Project Facilities. Kickapoo further agrees to
indemnify and hold each Lakes Indemnittee harmless from any and all liabilities,
claims, losses and expenses arising from any prior agreements entered into by
Kickapoo or the Kickapoo Tribe with any Persons or entities in connection with
development, construction and/or operation of the Project Facilities.

     Section 11.10 Compliance with Legal Requirements. All parties shall at all
times comply with all Legal Requirements.

     Section 11.11 Further Assurances. The parties agree to do all acts and to
deliver all necessary documents as from time to time are reasonably required to
carry out the terms and provisions of this Agreement, including the filing of
financing statements and related security instruments described herein.

     Section 11.12 Cooperation; Approvals. Each of the parties agrees to
cooperate in good faith with the other to timely implement the purposes of this
Agreement. Any consents or approvals required to be given in connection with
this Agreement shall not be unreasonably withheld or delayed by the parties or
their Affiliates.

     Section 11.14 No Management Contract or Grant of Proprietary Interest. Each
party agrees that it is their intent that neither this Agreement nor any of the
KTTT Notes or and related security documents and instruments described herein
(individually or collectively) constitute a "Management Contract" within the
meaning of IGRA. Upon the Effective Date, the parties shall submit this
Agreement to the NIGC for review and determination that it is not a Management
Contract and therefore does not require the approval of the NIGC in order to be
valid, regardless of whether it constitutes a "collateral agreement" as that
term is defined in IGRA. Each party shall use its best efforts to pursue such
determination and timely execute, deliver, and if necessary, record any and all
additional instruments, certifications, and other documents as may be required
by the NIGC in order to issue such determination; provided that such required
instrument or other document shall not materially change the respective rights,
remedies or obligations of the parties under this Agreement. If the NIGC finds
that this Agreement does constitute a Management Contract within the meaning of
IGRA, then the parties shall immediately take all necessary steps to amend or
modify the Agreement in a way that preserves the economic benefits of the
transactions to both parties without constituting a Management Contract.


                                      -24-

<PAGE>

     Section 11.15 Confidentiality. Except as required by Legal Requirements,
including but not limited to, reporting requirements imposed on publicly traded
companies, each of the parties agrees that all non-public information exchanged
between the parties with respect to the Project Facilities shall be kept
confidential by each party and only disclosed to that party's legal counsel,
financial advisors or as reasonably required to be disclosed in connection with
the Project Facilities, including in connection with obtaining the Project
Permanent Financing.

     Section 11.16 Effective Date. This Agreement shall become effective and
binding upon the date of execution by the parties.

                            [Signature Page Follows]


                                      -25-

<PAGE>

     The parties have executed this Gaming Operations Consulting Agreement as of
the date stated in the introductory clause.

                                        KTTT ENTERPRISES


                                        By /s/ Juan Garza JR.
                                           -------------------------------------
                                        Its: Chairman
                                             -----------------------------------


                                        By /s/ Jose P Trevino
                                           -------------------------------------
                                        Its: Member
                                            ------------------------------------


                                        LAKES KICKAPOO CONSULTING, LLC


                                        By /s/ Timothy Cope
                                           -------------------------------------
                                        Its: President
                                             -----------------------------------

       [Signature Page to Kickapoo Gaming Operations Consulting Agreement
                            -- Kickapoo Lucky Eagle]


                                       26

<PAGE>

                                    EXHIBIT A
                                FORM OF KTTT NOTE


                                       27
</TEXT>
</DOCUMENT>
