Exhibit 12.1

Lakes Entertainment, Inc.
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands, except percentages)

     The following table sets forth our ratio of earnings to fixed charges for the periods specified. As earnings were inadequate to cover the fixed charges in certain periods, we have provided the deficiency amounts.

	For the			For the			For the		For the			For the			Six Months
	Year Ended			Year Ended			Year Ended		Year Ended			Year Ended			Ended
	January 2,			January 1,			December 31,		December 30,			December 28,			June 28,
(in thousands)	2005			2006			2006		2007			2008			2009
Earnings:
Earnings (loss) from continuing operations before income taxes	$	(901	)	$	(9,889	)	$	18,866	$	(5,315	)	$	(68,917	)	$	4,235
Add: Fixed Charges		75			141			10,628		1,180			1,720			918
Earnings as defined	$	(826	)	$	(9,748	)	$	29,494	$	(4,135	)	$	(67,197	)	$	5,153
Fixed Charges:
Interest expense		—			66			9,465		951			1,551			812
Amortization of debt discount		—			—			498		33			—			—
Amortization of debt issuance costs		—			—			590		95			5			16
Estimated interest within rental expense		75			75			75		101			164			90
Total Fixed Charges	$	75		$	141		$	10,628	$	1,180		$	1,720		$	918
Ratio of Earnings to Fixed Charges		—			—			2.8		—			—			5.6
Coverage deficiency	$	(901	)	$	(9,889	)	$	—	$	(5,315	)	$	(68,917	)	$	—