<DOCUMENT>
<TYPE>EX-10.75
<SEQUENCE>10
<FILENAME>c92713exv10w75.txt
<DESCRIPTION>LAKES MINIMUM PAYMENTS NOTE
<TEXT>
<PAGE>
                                                                   Exhibit 10.75

                                                               EXECUTION VERSION

                           LAKES MINIMUM PAYMENTS NOTE

                                                              December 22, 2004
                                                              Dowagiac, Michigan

     FOR VALUE RECEIVED, the Pokagon Band of Potawatomi Indians (the "Band")
promises to pay to Great Lakes Gaming of Michigan, LLC, a Minnesota limited
liability company ("Lakes"), such sums as may be advanced by Lakes to the Band
as Minimum Guaranteed Payment Advances in accordance with Section 5.6.1 of a
Management Agreement between the Band and Lakes Entertainment, Inc., f/k/a Lakes
Gaming, Inc. dated as of July 8, 1999, as assigned by Lakes Entertainment, Inc.
to and assumed by Lakes pursuant to that certain Assignment and Assumption
Agreement dated as of October 16, 2000 by and among the Band, Lakes
Entertainment, Inc. and Lakes (the "Assignment Agreement"), and as amended and
restated by First Amendment dated as of October 16, 2000 and by Second Amendment
dated as of December 22, 2004 (collectively, the "Management Agreement").

     1. Advances; Funding. Advances under this Note shall be funded through
deposits by Lakes into the Enterprise Disbursement Account for the benefit of
the Band, which funds shall be used solely to make Minimum Guaranteed Payment
Advances to the Band. Lakes shall notify the Band in writing of any advances
hereunder when made.

     2. Interest. Interest shall not accrue on amounts outstanding under this
Note.

     3. Repayment. As provided in Section 5.6.2 of the Management Agreement,
after making one or more Minimum Guaranteed Payment Advances in a Calculation
Year Lakes may recoup such advance from the Band's Monthly Distribution Payments
in succeeding months of the same Calculation Year; provided that in no event
shall such recoupment result in the Band's receiving less than its Minimum
Guaranteed Monthly Payment in any month. Manager shall not otherwise be entitled
to reimbursement from the Enterprise or the Band for amounts outstanding under
this Note.

     4. Prepayment. This Note may be prepaid at any time without penalty.

     5. [intentionally deleted]

     6. Limited Recourse. The obligations of the Band under this Note and any
related awards, judgments or decrees shall be payable solely through recoupment
from certain Net Revenues that would otherwise be distributed to the Band as
Monthly Distribution Payments, as provided in and subject to the limitations of
Section 3. Lakes shall have no recourse to any tribal assets other than such
undistributed Net Revenues for payment under this Note.

<PAGE>

     7. Band's Waiver of Sovereign Immunity and Consent to Suit. The Band
expressly waives its sovereign immunity from suit for the purpose of permitting
or compelling arbitration to enforce this Note as provided in Article 14 of the
Development Agreement and consents to be sued in the United States District
Court for the Western District of Michigan - Southern Division, the United
States Court of Appeals for the Sixth Circuit, and the United States Supreme
Court for the purpose of compelling arbitration or enforcing any arbitration
award or judgment arising out of this Note. If the United States District Court
lacks jurisdiction, the Band consents to be sued in the Michigan State Court
system for the same limited purpose. The Band waives any requirement of
exhaustion of tribal remedies. Without in any way limiting the generality of the
foregoing, the Band expressly authorizes any governmental authorities who have
the right and duty under applicable law to take any action authorized or ordered
by any such court, and to take such action, including without limitation,
repossessing or foreclosing on any real property not in trust, or otherwise
giving effect to any judgment entered; provided, however, that liability of the
Band under any judgment shall always be limited as provided in Sections 3 and 6.
The Band appoints the Chairman of the Pokagon Council and the Secretary of the
Pokagon Council as its agents for service of all process under or relating to
the Agreements. The Band agrees that service in hand or by certified mail,
return receipt requested, shall be effective for all purposes under or relating
to the Agreements if served on such agents.

     8. Arbitration. All disputes, controversies or claims arising out of or
relating to this Note shall be settled by binding arbitration as provided in
Article 13 of the Management Agreement.

     9. Business Purposes; Applicable Law. This Note evidences a loan for
business and commercial purposes and not for personal, household, family or
agricultural purposes, and shall be governed by the law of the State of Michigan
and, to the extent applicable, federal law.

     10. Notices. All notices under this Note shall be given in accordance with
15.4 of the Development Agreement; except that copies of draw requests need not
be sent to attorneys.

     11. Defined Terms. Capitalized terms used herein shall have the same
meanings assigned to them in the Management Agreement, and, if not defined in
the Management Agreement, in the Development Agreement between the Band and
Lakes, as amended.

     12. Miscellaneous.

          a. Time is of the essence.

          b. The benefits and obligations of this Note shall inure to and be
          binding upon the parties hereto and their respective successors and
          assigns, provided that any succession or assignment is permitted under
          the Management Agreement.


                                        2

<PAGE>

          c. Waiver of any one default shall not cause or imply a waiver any
          subsequent default.

          d. This Note, together with the documents listed in Section 15.17 of
          the Development Agreement, as each has been amended to date, sets
          forth the entire agreement between the parties hereto with respect to
          the subject matter hereof. All agreements, covenants, representations,
          and warranties, express or implied, oral or written, of the parties
          with respect to the subject matter hereof are contained herein and
          therein. This Note shall not be supplemented, amended or modified by
          any course of dealing, course of performance or uses of trade and may
          only be amended or modified by a written instrument duly executed by
          officers of both parties.


                                        THE POKAGON BAND OF POTAWATOMI INDIANS


                                        By: /s/ John Miller
                                            ------------------------------------
                                        Its: Council Chairman


                                        By: /s/ Dan Rapp
                                            ------------------------------------
                                        Its: Secretary


                                        GREAT LAKES GAMING OF MICHIGAN, LLC


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


                                        3
</TEXT>
</DOCUMENT>
