Document:

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                                                                  Exhibit 10.131

                               INDEMNITY AGREEMENT
                                (CIMARRON CASINO)

     This Indemnity Agreement is dated as of January 27, 2005, by and between
the Iowa Tribe of Oklahoma, a federally-chartered corporation ("Iowa Corp"),
created pursuant to Section 3 of the Oklahoma Indian Welfare Act of June 26,
1936 (49 Stat. 1967), as issued on January 4, 1938 by the Secretary of the
Interior and ratified on February 5, 1938 located in Iowa Indian Country within
the physical boarders of the State of Oklahoma, with business offices located at
RR 1, P.O. Box 721, Perkins, Oklahoma 74059, the Iowa Tribe of Oklahoma, a
federally-recognized Indian tribe with a Constitution approved and ratified
under the Oklahoma Indian Welfare Act, and Lakes Iowa Management, LLC, a
Minnesota limited liability company (hereinafter referred to as "Lakes"), whose
business office is located at 130 Cheshire Lane, Minnetonka, Minnesota 55305.

                                   WITNESSETH:

          WHEREAS, Lakes has entered into an agreement with Iowa Corp and the
Iowa Tribe for the Cimarron Casino dated January 27, 2005 ("Management
Contract"), pursuant to which Lakes is to manage the Gaming Facility and related
Ancillary Facilities for the Cimarron Casino owned by Iowa Corp on behalf of the
Iowa Tribe; and

          WHEREAS, Lakes, Iowa Corp and the Iowa Tribe have required each to
execute and deliver this Indemnity Agreement to each other to induce Lakes to
assist with management of the Project Facilities and to induce Iowa Corp and the
Iowa Tribe to allow Lakes to comply with Environmental Laws in the management of
the Project Facilities;

          NOW, THEREFORE, for valuable consideration, the receipt of which is
hereby acknowledged, Iowa and Lakes agree as follows:

     1. RECITALS TRUE. The above recitals are true.

     2. DEFINITIONS. Capitalized terms used but not otherwise defined herein and
defined in the Management Contract shall have the same meaning herein as
therein. As used herein, the following additional terms shall have the following
meanings:

     (a) Environmental Laws: Together: (i) the Resource Conservation Recovery
Act, as amended by the Hazardous and Solid Waste Amendments of 1984, 42 U.S.C.
Sections 6901 et seq.; (ii) the Comprehensive Environmental Response,
Compensation and Liability Act, as amended by the Superfund Amendments and
Reauthorization Act, 42 U.S.C. Sections 9601 et seq.; (iii) the Clean Water Act,
33 U.S.C. Sections 466 et seq. and 33 U.S.C. Sections 1344 et seq.; (iv) the
Safe Drinking Water Act, 14 U.S.C. Sections 1401-1450; (v) the Toxic Substances
Control Act, 15 U.S.C. Sections 2601-2629; (vi) the Hazardous Materials
Transportation Act, 49 U.S.C. Sections 1801 et seq.; (vii) all applicable
Oklahoma environmental laws; (viii) the Clean Air Act, 42 U.S.C. Sections 7401
et seq.; (ix) any other applicable federal, state, local or tribal environmental
laws or laws related to the regulation of Hazardous Materials; (x) any
applicable local, state or federal rules or regulations promulgated pursuant to
items (i) through (ix) and any similar local, state or federal laws, rules,
ordinances or regulations either in existence as of the date hereof, or enacted
or promulgated after the date of this Agreement, that concern the
transportation, storage, placement, handling, treatment, release, discharge,
generation, manufacture, production, disposal, management, control, discharge,
treatment, containment, and/or removal of substances or materials that are or
may become a threat to public health or the environment; or (xi)

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any common law theory involving materials or substances which are or are alleged
to be hazardous to human health or the environment based on nuisance, trespass,
negligence, strict liability or other tortious conduct.

     (b) Hazardous Materials: Together: (i) any substance, material, or matter
that may give rise to liability under any Environmental Laws; (ii) any
"hazardous substance" listed in the U.S. Department of Transportation Table (49
C.F.R. 172.101), as the same may be amended from time to time; and (iii)
asbestos, lead paint, pcb's, urea formaldehyde foam insulation, radioactive
materials and any materials, the removal of which is required or the maintenance
of which is prohibited or penalized.

     (c) Lakes Indemnitee or Indemnitees: Lakes, its affiliates and subsidiaries
and any parent entities, together with their respective officers, directors,
shareholders, employees, agents, attorneys and other representatives, and their
successors and assigns. Each reference to any Lakes Indemnitee herein shall
refer jointly, severally and individually to each such party.

     (d) Iowa Indemnitee or Indemnitees: Iowa Corp and the Iowa Tribe, their
affiliates and subsidiaries and any parent entities, together with their
respective officers, directors, shareholders, employees, agents, attorneys and
other representatives, and their successors and assigns. Each reference to any
Iowa Indemnitee herein shall refer jointly, severally and individually to each
such party.

     (e) Project Claims: Any and all liabilities, obligations, losses, damages,
penalties, claims, actions, suits, costs, expenses and disbursements (including,
but not limited to, all reasonable attorneys' fees and expenses and all other
professionals' or consultants' reasonable expenses incurred in investigating,
preparing for, serving as a witness in or defending against any action or
proceeding, whether actually commenced or threatened, which may be asserted
against any Lakes or Iowa Indemnitee), arising from, in respect of, as a
consequence of, or in connection with any claims and matters (excluding
Environmental Losses) described in Sections 2.9, 7.1, 7.2, 7.3 and 7.4 of the
Management Contract, each whether now existing or hereafter arising.

     (f) Environmental Losses: Any and all liabilities, obligations, losses,
damages, penalties, claims, actions, suits, costs, expenses and disbursements
(including, but not limited to, all reasonable attorneys' fees and expenses and
all other professionals' or consultants' reasonable expenses incurred in
investigating, preparing for, serving as a witness in or defending against any
action or proceeding, whether actually commenced or threatened, which may be
asserted against any indemnitees), arising from, in respect of, as a consequence
of, or in connection with any of the following: (i) the remediation of any
Hazardous Material placed on or released from the Gaming Facility Site, Project
Facilities or the lands upon which they are located as may be required by law,
whether such removal is done or completed by Iowa, Lakes, or any other person or
entity; (ii) claims asserted at any time (prior to or after the date of this
Agreement) by any person or entity (including, without limitation, any
governmental agency or quasi-governmental authority, board, bureau, commission,
department, instrumentality or public body, court, or administrative tribunal (a
"Government Agency"), in connection with or in any way arising out of the
presence, storage, use, disposal, generation, transportation, or treatment of
any Hazardous Material on, in or under the Gaming Facility Site, Project
Facilities or the lands upon which they are located; (iii) the violation or
claimed violation of any Environmental Laws in regard to the Gaming Facility
Site, Project Facilities or the lands upon which they are located; (iv) the
preparation of an environmental audit on the Gaming Facility Site, Project
Facilities or the lands upon which they are located, whether conducted or
authorized by indemnitor, an indemnitee, or a third party; (v) the violation or
claimed violation of Oklahoma environmental laws, as a result of the condition
of the Gaming Facility Site, Project Facilities or the lands upon which they are
located, or any other applicable federal, state, local or tribal environmental
law or laws relating to the regulation of Hazardous Materials and the removal
from the Gaming Facility Site, Project Facilities or the lands upon which they
are located of paint, plaster, soil

                                       -2-

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and other accessible material containing levels of lead which are in violation
of applicable law, each whether now existing or hereafter arising.

     (g) Indemnified Obligations. With respect to Iowa Indemnities, means the
Iowa Project Indemnity Obligations and the Iowa Environmental Indemnity
Obligations. With respect to Lakes Indemnities, means the Lakes Project
Indemnity Obligations and Lakes Environmental Indemnity Obligations.

     3. INDEMNITY.

     (a) Project Claims. Iowa Corp and the Iowa Tribe agree to indemnify and to
hold each Lakes Indemnitee harmless from any and all claims, causes of action,
damages, penalties, fees and costs which may be asserted against, or incurred
by, any of the Lakes Indemnitees resulting from or due to any Project Claims
excluding any such claims or losses resulting from a Lakes Indemnitee's gross
negligence or willful or criminal misconduct (individually and collectively, the
"Iowa Project Indemnity Obligations"). Lakes agrees to indemnify and to hold
each Iowa Indemnitee harmless from any and all claims, causes of action,
damages, penalties, fees and costs which may be asserted against, or incurred
by, any of the Iowa Indemnitees resulting from Lakes' gross negligence or
willful or criminal misconduct (individually and collectively, the "Lakes
Project Indemnity Obligations").

     (b) Environmental Claims. Lakes agrees to indemnify and to hold each Iowa
Indemnitee harmless from any and all claims, causes of action, damages,
penalties, fees and costs which may be asserted against, or incurred by, any of
the Iowa Indemnitees resulting from or due to any Environmental Losses arising
after the date of this Indemnity Agreement resulting from or due to Lakes' gross
negligence or willful or criminal misconduct (individually and collectively, the
"Lakes Environmental Indemnity Obligations"). Iowa Corp and the Iowa Tribe agree
to indemnify and to hold each Lakes Indemnitee harmless from any and all claims,
causes of action, damages, penalties, fees and costs which may be asserted
against, or incurred by, any of the Lakes Indemnitees resulting from or due to
any Environmental Losses; excluding however any Environmental Losses arising
after the date of this Indemnity Agreement that result from Lakes gross
negligence or willful or criminal misconduct (individually and collectively, the
"Iowa Environmental Indemnity Obligations").

     (c) Iowa Corp's and the Iowa Tribe's duty to indemnify and hold harmless
includes, but is not limited to, loss or liability asserted in proceedings or
actions commenced by any person (including, but not limited to, any federal,
state, or local governmental agency or entity) before any court or
administrative agency asserting a claim for which Iowa must indemnify Lakes
Indemnitees under this section. Lakes' duty to indemnify and hold harmless
includes, but is not limited to, loss or liability asserted in proceedings or
actions commenced by any person (including, but not limited to, any federal,
state, or local governmental agency or entity) before any court or
administrative agency asserting a claim for which Lakes must indemnify Iowa
Indemnitees under this section.

     (d) Each Lakes Indemnitee agrees that it shall not pay any Project Claim
asserted by any party without first offering Iowa the opportunity and right to
assume the defense of any and all related actions or proceedings, but the
foregoing is not intended to restrict any Lakes Indemnitee's ability to obtain
reimbursement for any cost, expenses and related disbursements incurred in
connection with the investigation or defense of such claim or loss. Each Iowa
Indemnitee agrees that it shall not pay any Project Claim asserted by any party
without first offering Lakes the opportunity and right to assume the defense of
any and all related actions or proceedings, but the foregoing is not intended to
restrict any Iowa Indemnitee's ability to obtain reimbursement for any cost,
expenses and related disbursements incurred in connection with the investigation
or defense of such claim or loss.

     (e) Iowa Corp's and the Iowa Tribe's obligations to indemnify and hold the
Lakes Indemnitees harmless hereunder shall survive any termination or expiration
of the Management Contract and the repayment

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and/or satisfaction of all obligations now or hereafter owed by Iowa to Lakes
under the Management Contract and any other instruments, documents or agreements
related thereto. Lakes' obligations to indemnify and hold the Iowa Indemnitees
harmless hereunder shall survive any termination or expiration of the Management
Contract and the repayment and/or satisfaction of all obligations now or
hereafter owed by Lakes to Iowa Corp or the Iowa Tribe under the Management
Contract and any other instruments, documents or agreements related thereto.

     4. ADVANCES UNDER OPERATING NOTE. Notwithstanding the foregoing and without
limiting the rights of Lakes under the Management Contract, all Project Claims
and Environmental Claims ultimately determined to be due from but not paid by
Iowa Corp or the Iowa Tribe on demand by any of the Lakes Indemnitees, shall be
deemed to be an Advance made by Lakes to Iowa Corp under the terms of the
Operating Note, shall accrue interest from the date incurred and shall continue
to be immediately due and payable. Notwithstanding the foregoing and without
limiting the rights of Iowa Corp or the Iowa Tribe under the Management
Contract, all Project Claims and Environmental Claims ultimately determined to
be due from but not paid by Lakes on demand by any Iowa Indemnitees shall be
deemed to be a prepayment made by Iowa Corp to Lakes under the terms of the
Operating Note; if the aggregate amount of the Project Claims or Environmental
Claims exceeds the outstanding balance of the Operating Note, but only to the
extent of the outstanding amount under the Operating Note.

     5. OBLIGATION TO DEFEND.

     (a) Assumption of Defense. Upon request of any indemnitee, the indemnitor
shall be bound to defend any and all actions or proceedings that may be brought
against such indemnitee in connection with or arising out of any Indemnified
Obligations and the matters covered by this Agreement, and indemnitee shall give
written notice to the indemnitor of any litigation or proceedings pending,
threatened or commenced (whether or not served) against the indemnitee in
connection with any Indemnified Obligations. If indemnitor is defending an
indemnitee, indemnitor may settle the claim only with the indemnitee's prior
written consent, such consent not to be unreasonably withheld if the indemnitee
is not subject to any further liabilities, obligations, restrictions or
prohibitions with respect to said claim.

     (b) Delivery of Acknowledgment. Within 30 days from the date of receipt by
indemnitor from any indemnitee of a request to defend (which request shall refer
to such 30-day time period), indemnitor must acknowledge in a writing its duty
to defend and that such claim is covered in its entirety by this Agreement (the
"Acknowledgment") or if in the judgment of the indemnitor such claim is not
covered in its entirety by this Agreement, the statement of indemnitor to such
effect including its reasons for such judgment in reasonable detail; provided,
however, that until the Indemnitee receives the Acknowledgment, the Indemnitee
shall be entitled to defend such claim and Indemnitor shall be bound in the
manner set forth in Section 5(d) hereof.

     (c) Conduct of Defense; Participation by Indemnitee. If indemnitor is
defending an indemnitee, such defense shall be conducted by reputable attorneys
retained by indemnitor, reasonably satisfactory to said indemnitee, at
indemnitor's sole cost and expense. In addition, said indemnitee shall have the
right to participate in such proceedings at said indemnitee's sole cost and
expense and to be represented by attorneys in addition to the attorneys retained
by indemnitor of said indemnitee's own choosing and at said indemnitee's sole
cost and expense, except that if the Indemnitee reasonably concludes, by
applying applicable standards of professional responsibility, that the interests
of indemnitee and of indemnitor in the action conflict in such a manner as to
require retention of separate counsel for the indemnitee, indemnitor shall
reimburse indemnitee its reasonable fees for separate counsel chosen by the
indemnitee. Notwithstanding the foregoing, if an indemnitee, at any time,
refuses to enter into a settlement agreement negotiated by indemnitor or its
counsel, indemnitor shall no longer be liable for an adverse judgment against
such indemnitee to the extent that such

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adverse judgment exceeds said settlement amount and such indemnitee shall be
liable for all of its defense costs after such refusal.

     (d) Indemnitor's Failure to Defend. If indemnitor fails to deliver the
Acknowledgment or fails to choose counsel reasonably satisfactory to the
indemnitee, indemnitor shall not thereafter be entitled to elect to defend such
action, and indemnitor shall be bound by and shall be conclusively liable for
the results obtained by the indemnitee, including without limitation the amount
of any judgment or good faith out-of-court settlement or compromise and all
costs and reasonable fees of counsel incurred by the indemnitee in connection
therewith, but subject always to the scope and limitations expressly set forth
in this Agreement.

     (e) Defense by Indemnitee. If an action or proceeding is brought against an
indemnitee or to which an indemnitee may be a party, and such indemnitee elects
to conduct its own defense because indemnitor fails to choose counsel reasonably
satisfactory to said indemnitee, indemnitor shall be conclusively liable for the
results obtained by the indemnitee, including without limitation the amount of
any judgment or good faith, out-of-court settlement or compromise. In addition,
indemnitor shall be liable for any and all costs and expenses, including, but
not limited to, all attorneys' fees, that said indemnitee incurs.

     6. ARBITRATION; LIMITED WAIVER OF SOVEREIGN IMMUNITY. Any disputes under
this Indemnification Agreement shall be subject to the dispute resolution and
arbitration provisions as provided in Article 10 of the Management Contract and
be resolved in the venues provided in Article 10 of the Management Contract. The
limited waiver of sovereign immunity in Section 9.10 of the Management Contract
by Iowa Corp and the Iowa Tribe shall apply to this Agreement.

     7. LIMITED RECOURSE. The liability and obligations of Iowa Corp and the
Iowa Tribe under or relating to this Agreement shall always be joint and several
and shall be Limited Recourse, and in no instance shall any enforcement of any
kind whatsoever be allowed against any assets of Iowa Corp or the Iowa Tribe
other than the limited assets of Iowa Corp and the Iowa Tribe specified in the
definition of the term "Limited Recourse" in the Management Contract.

     8. CAPTIONS, GENDER, AND NUMBER. Any section or paragraph, title or caption
contained in this Agreement is for convenience only and shall not be deemed a
part of this Agreement. As used in this Agreement, the masculine, feminine or
neuter gender, and the singular or plural number, shall each be deemed to
include the others whenever the context so allows.

     9. FAILURE OR INDULGENCE NOT WAIVER. No failure or delay on the part of an
indemnitee in the exercise of any power, right or privilege hereunder shall
operate as a waiver thereof, nor shall any single or partial exercise of any
power, right or privilege preclude any other or further exercise of any such
power, right of privilege. All powers, rights and privileges hereunder are
cumulative to, and not exclusive of, any powers, rights or privileges otherwise
available.

     10. GOVERNING LAW. This Agreement shall be interpreted and enforced in
accordance with the laws of the State of Oklahoma without giving effect to its
conflict of laws principles.

     11. AMENDMENTS, ASSIGNMENTS, ETC. Any provision of this Agreement may be
amended if, but only if, such amendment is in writing and is signed by each of
the parties hereto. No modification shall be implied from course of conduct.
This Agreement shall be binding on and inhered to the benefit of each of the
parties hereto and their respective successors and assigns, subject to the same
restrictions on assignability as set forth in the Management Contract. This
Agreement may be executed in separate counterparts and by facsimile and such
counterparts shall be deemed to constitute one binding document.

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     12. NOTICES. Any notice or demand required to be given under this Agreement
shall be given in the same manner and shall be deemed effective in accordance
with the terms set forth in Section 9.3 of the Management Contract.

                 (Balance of this page intentionally left blank)

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     IN WITNESS WHEREOF, the parties hereto have caused this Indemnity Agreement
to be executed under seal as of the 27th day of January, 2005

                                        Lakes Iowa Management, LLC

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

                                        ATTEST:

                                        By: /s/ Rod Wyre
                                            ------------------------------------
                                        Name: Rod Wyre
                                              ----------------------------------
                                        Its: SR V.P. OPS
                                             -----------------------------------

                                        Iowa Tribe of Oklahoma
                                        a federally-chartered corporation

                                        By: /s/ Phoebe O'Dell
                                            ------------------------------------
                                        Name: Phoebe O'Dell
                                              ----------------------------------
                                        Its: Chairman
                                             -----------------------------------

                                        ATTEST:

                                        By: /s/ Eugene Big Soldier Jr.
                                            ------------------------------------
                                        Name: Eugene Big Soldier Jr.
                                              ----------------------------------
                                        Its: Secretary
                                             -----------------------------------

                                        Iowa Tribe of Oklahoma
                                        a federally recognized Indian tribe

                                        By: /s/ Phoebe O'Dell
                                            ------------------------------------
                                        Name: Phoebe O'Dell
                                              ----------------------------------
                                        Its: Chairman
                                             -----------------------------------

                                        ATTEST:

                                        By: /s/ Eugene Big Soldier Jr.
                                            ------------------------------------
                                        Name: Eugene Big Soldier Jr.
                                              ----------------------------------
                                        Its: Secretary
                                             -----------------------------------<PAGE>
                                                                  Exhibit 10.132

                                TRIBAL AGREEMENT
                      (LAKES MANAGEMENT -- CIMARRON CASINO)

     THIS TRIBAL AGREEMENT (hereinafter referred to as the "Agreement") is made
as of January 27, 2005 ("Effective Date") by and among the Iowa Tribe of
Oklahoma ("Iowa Tribe"), a federally recognized Indian tribe, and Lakes Iowa
Management, LLC, a Minnesota limited liability company ("Lakes Management").

                                    RECITALS

     A. The Iowa 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. The
Iowa Tribe, pursuant to Section 3 of the Oklahoma Indian Welfare Act of June 26,
1936 (49 Stat. 1967), was issued a corporate charter for Iowa Corp on January 4,
1938 by the Secretary of the Interior and said corporate charter was ratified by
the Iowa Tribe on February 5, 1938. Iowa Corp is vested with sovereign immunity,
and is the entity that controls and manages the economic affairs of the Iowa
Tribe, including tribal gaming operations.

     B. Lakes Consulting has entered into a management agreement with Iowa Corp
and the Iowa Tribe dated January 27, 2005 (as amended from time to time, the
"Management Contract"), pursuant to which Lakes Management is to provide certain
management services to Iowa Corp with respect the Cimarron Casino located in
Perkins, Oklahoma owned by Iowa Corp on behalf of the Iowa Tribe as described
with specificity therein.

     C. Pursuant to the terms of the Management Contract, the Iowa Tribe is
required to execute and deliver this Agreement to induce Lakes Management to
enter into the Management Contract together with certain additional documents
and agreements referred to therein or related thereto.

     D. The Iowa Tribe and Lakes Management intend that this Agreement shall be
operative and binding upon the date of execution by the parties (the "Effective
Date").

     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, the Iowa Tribe
and Lakes Management agree as follows:

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                                    ARTICLE 1
                                   DEFINITIONS

     Except as otherwise defined below or in the recitals to this Agreement,
terms used in this Agreement shall have the meanings set forth in the Management
Contract and/or the other documents and agreements executed by Iowa with respect
thereto:

     "Claim" means any dispute, claim, question, or disagreement between either
the Iowa Tribe and any of Lakes Management or any of its Affiliates that is
directly or indirectly related to this Agreement, any of the other Transaction
Documents, a Gaming Project or any 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 any of the other
Transaction Documents.

     "Gaming Project" shall have the meaning set forth in Section 2.1(n) hereof.

     "Iowa Entities" means individually and collectively, each of Iowa Corp and
the Iowa Tribe.

     "Transaction Documents" means individually and collectively, this Agreement
and each of the Management Contract, the Operating Note, the security
agreements, dominion account agreements, mortgages, resolutions of limited
waiver and each other document or instrument now or hereafter executed by any of
Iowa Corp and/or the Iowa Tribe in favor of Lakes Management or its respective
Affiliates and related thereto or hereto or any Gaming Projects.

                                    ARTICLE 2
                         REPRESENTATIONS AND WARRANTIES

     Section 2.1 Representations and Warranties. The Iowa Tribe represents and
warrants to Lakes Management that:

     (a)  Organization. The Iowa Tribe is a federally recognized Indian tribe
          eligible to conduct gaming within the meaning of IGRA.

     (b)  Authority and Power. Each of Iowa Corp and Iowa Tribe has taken all
          action required by tribal or other law without the necessity of
          further action as is necessary to authorize the applicable Iowa Entity
          to execute, deliver and perform each of the Transaction Documents that
          such Iowa Entity is party to. Each Iowa Entity that is a party to any
          of the Transaction Documents has all requisite power and authority to
          enter into the Transaction Documents to the extent a party thereto and
          to perform its respective obligations thereunder, and to consummate
          all other transactions contemplated thereby.

                                       2

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     (c)  Binding Obligations. Each of Transaction Documents (i) has been duly
          executed and delivered by each Iowa Entity to the extent it is a party
          thereto, and (ii) constitutes the legal, valid, binding, perfected and
          enforceable obligation of each Iowa Entity to the extent it is a party
          thereto, enforceable in accordance with its respective 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 the foregoing agreements are
          binding against the other parties thereto.

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

     (e)  Gaming Permitted. The Iowa 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 Iowa Tribe and the State and
          approved and published by the United States Secretary of the Interior,
          the Compact will be in effect and will be a valid and binding
          obligation of the Iowa Tribe. Iowa Corp will then have the right to
          engage in Class III Gaming at the Gaming Facility to be operated by
          Iowa Corp under the Transaction Documents 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 Management to
          enter into any of the Transaction Documents to which it is a party and
          perform its respective obligations thereunder have been granted.

     (h)  No Material Negative Obligations. There are no outstanding obligations
          owing by any of Iowa Corp or the Iowa Tribe or affecting the Gaming
          Facility Site or the Project, whether arising from contracts,
          instruments, orders, judgments, decrees or otherwise, that are likely
          to materially and adversely affect the Project or the obligations or
          rights of Lakes Management under any of the Transaction Documents to
          which it is a party.

     (i)  No Violation or Conflict. The execution, delivery and performance by
          the applicable Iowa Entity of each Transaction Documents that such
          Iowa Entity is party to does not violate any Legal Requirements nor
          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 any Iowa Entity, including without limitation
          the Project, or result in the acceleration of any obligation of any
          Iowa Entity under the terms of any agreement or document binding upon
          such party, other than a conflict, breach, default or imposition as
          shall not materially adversely affect the Project or the obligations
          or rights of Lakes Management under any of the Transaction Documents
          to which it is a party.

                                       3

<PAGE>

     (j)  No Litigation. There are no judgments entered, or actions, suits,
          investigations or proceedings pending, or to the knowledge of any Iowa
          Entity, threatened, against any Iowa Entity or their respective
          Affiliates, or any of the assets or properties of any of such
          entities, that could have a material adverse effect on the Project,
          its Project Facilities, any Iowa Entity's ability to enter into or
          perform any of the Transaction Documents to the extent it is a party
          thereto.

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

     (l)  Full Disclosure. No representation or warranty of any Iowa Entity in
          this Agreement or the other Transaction Documents and no report or
          statement delivered to any of Lakes Management or its respective
          Affiliates by or on behalf of any Iowa Entity, 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. Each Iowa
          Entity has fully disclosed to Lakes Management the existence and terms
          of all material agreements and Legal Requirements, written or oral,
          relating to the Project.

     (m)  No Tribal Tax. Neither the Project, Project Facilities nor the
          transaction(s) between the parties contemplated by the Transaction
          Document 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 patrons which are consistent
          with gaming resort industry practices, and (ii) the fees and
          assessments described in clause (c) of the definition of "Costs of
          Operations" as set forth in the Management Contract.

     (n)  Gaming Project Ownership. Except as otherwise expressly excluded under
          the Transaction Documents, all gaming projects and gaming and
          non-gaming assets and facilities related or ancillary thereto (each
          collectively referred to herein as a "Gaming Project") of the Iowa
          Tribe are/will be owned and operated by Iowa Corp, or if any Gaming
          Project is owned by another subsidiary of the Iowa Tribe, then (i) if
          the Gaming Project constitutes the Project, Gaming Facility and
          Project Facilities described and defined in the Management Contract,
          such subsidiary has entered into a Management Contract and related
          documents with Lakes Management and/or its Affiliates with respect
          thereto on the same terms and conditions as are set forth in the
          Management Contract and the other Transaction Documents unless
          otherwise agreed to in writing by Lakes or its Affiliate, and has
          otherwise satisfied the terms and conditions required by Section 3.1
          (f) hereof, or (ii) with respect to any other Gaming Projects, the
          subsidiary has entered into a written agreement with Lakes Management
          and/or its Affiliates granting such entity the same right of first
          refusal to manage such projects as has been granted to Lakes
          Management under the terms of Section 9.21 of the Management

                                       4

<PAGE>

          Contract and has otherwise satisfied the terms and conditions required
          by Section 3.1 (f) hereof.

                                    ARTICLE 3
                                    COVENANTS

     Section 3.1 Covenants. The Iowa Tribe covenants and agrees as follows:

          (a)  Additional Documents. It shall or shall cause Iowa Corp to
               execute any additional instruments as may be reasonably required
               by Lakes Management to carry out the intent of any of the
               Transaction Documents or to perfect or give further assurance of
               any of the rights granted or provided for under such Transaction
               Documents.

          (b)  Non-Impairment. It shall not and shall not permit Iowa Corp or
               any of its other governmental instrumentalities or subsidiaries
               to enact any law, ordinance, rule or regulation impairing the
               rights or obligations of any Iowa Entity or any of Lakes
               Management or its respective Affiliates under any of the
               Transaction Documents.

          (c)  Records. It shall or shall cause Iowa Corp to maintain or cause
               to be maintained full and accurate accounts and records for any
               particular Gaming Project and its Project Facilities according to
               GAAP.

          (d)  No Liens. Except as otherwise expressly permitted by the
               Transaction Documents, it shall not and shall not permit Iowa
               Corp or any of its other governmental instrumentalities or
               subsidiaries to cause or voluntarily permit any lien or
               encumbrance to be created on the Project Facilities for any
               particular Gaming Project, any Gaming Project's Gaming Facility
               Site or any proceeds of the Gaming Project Permanent Financing.

          (e)  No Tax. It shall not and shall not permit Iowa Corp or any of
               their other governmental instrumentalities or subsidiaries to
               impose any tax, fee or assessment on any of Lakes Management, its
               respective Affiliates, any Contractor, any Gaming Project and its
               Project Facilities, and/or any of the Transaction Documents other
               than (i) reasonable pass-through taxes on Project patrons which
               are consistent with gaming resort industry practices, and (ii)
               the fees and assessments described in clause (c) of the
               definition of "Costs of Operations" as set forth in the
               Management Contract.

          (f)  Gaming Project Ownership. Except as otherwise expressly excluded
               under the Transaction Documents, all Gaming Projects shall be
               owned and operated by Iowa Corp; provided that a Gaming Project
               may be owned and operated by another subsidiary of the Iowa Tribe
               so long as prior to

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<PAGE>

               acquiring such ownership: (i) if the Project, Gaming Facility and
               Project Facilities described and defined in the Management
               Contract are owned by such other subsidiary, such subsidiary has
               entered into a Management Contract and related documents with
               Lakes Management and/or its Affiliates with respect thereto on
               the same terms and conditions as are set forth in the Management
               Contract and the Transaction Documents related thereto, (ii) with
               respect to any other gaming projects owned or to be owned by such
               other subsidiary, the subsidiary has entered into a written
               agreement with Lakes Management and/or its Affiliates granting
               such entity the same right of first refusal to manage such
               projects as has been granted to Lakes Management under the terms
               of Section 9.21 of the Management Contract; (iii) Lakes
               Management shall have received the following, each in form and
               substance reasonably acceptable to it: (aa) certified copies of
               the organizational documents of the new subsidiary, together with
               reasonable evidence that such subsidiary is wholly owned by the
               Iowa Tribe, (bb) new Resolutions of Limited Waiver with respect
               to all of such documents and agreements from each of the new
               subsidiary and the Iowa Tribe containing substantially the same
               resolutions and terms as set forth in the Resolutions of Limited
               Waiver received by Lakes Management in connection with the
               execution of the original Transaction Documents, (bb) legal
               opinions from counsel to each of the new subsidiary and the Iowa
               Tribe with respect to the such new documents and agreements
               containing substantially the same opinions as provided to Lakes
               Management in connection with the execution of the original
               Transaction Documents, and (cc) the Iowa Tribe shall have
               executed and delivered an amendment to this Agreement
               incorporating all such new documents and agreements as additional
               "Transaction Documents" hereunder and such projects and related
               assets shall be subject to the same terms and restrictions set
               forth herein; and (iv) at the time of satisfaction of the
               foregoing conditions, no "Event of Default" by any Iowa Entity
               under the Transaction Documents has occurred and is continuing.

                                    ARTICLE 4
                                EVENTS OF DEFAULT

     Section 4.1 Events of Default. Each of the following shall constitute a
"Event of Default" under this Agreement:

     (a)  A Material Breach by the Iowa Tribe exists. As used in this paragraph,
          the term "Material Breach" shall mean any of the following
          circumstances (i) material failure of the Iowa Tribe to perform a
          material obligation hereunder or any other Transaction Document to
          which it is a party, or (ii) any representation or warranty made
          pursuant to Section 2.1 hereof 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.

                                       6

<PAGE>

     (b)  The Iowa Tribe violates any of the covenants in Section 3.1 of this
          Agreement, and after sixty (60) days have passed following a request
          by Lakes Management to such Iowa Entity to cure the violation, during
          which the violation has not been cured.

     (c)  The Iowa Tribe 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 such entities property; or (iii) suffered an
          assignment for the benefit of creditors.

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

     Section 4.2 Cure of Event Default. Upon the occurrence of an Event of
Default, Lakes may provide written notice to the Iowa Tribe of such default and,
if it is possible for such party to cure the Event of Default, it 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 either Iowa TDC or Iowa Tribe, as applicable, shall be using diligent
efforts to effect a cure thereof but no more than an additional sixty (60) days.
Upon the occurrence of any of the events described in Section 4.1 and during any
applicable cure period, Lakes Management may suspend its performance under the
Transaction Documents. The discontinuance or correction of an Event of Default
shall constitute a cure thereof. If the Iowa Tribe fails to cure the Event of
Default within the 30-day period, Lakes Management may take any one or more of
the following actions: (a) suspend all performance of Lakes Management under the
Transaction Documents; (b) declare all obligations of any Iowa Entity under the
Transaction Documents to be immediately due and owing, (c) terminate the
Management Contract; and/or (d) pursue any other remedy available at law, in
equity or by agreement, subject to the provisions of Article 5 hereof.

                                    ARTICLE 5
       DISPUTE RESOLUTION; WAIVERS OF SOVEREIGN IMMUNITY AND TRIBAL COURT
                          JURISDICTION; GOVERNING LAW

     Section 5.1 Dispute Resolution. The parties agree that any Claim shall be
governed by the following dispute resolution procedures:

     (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;

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<PAGE>

          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 Oklahoma City,
          Oklahoma.

     (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.

     (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 5 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 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.

                                       8

<PAGE>

     (f)  The Iowa Tribe 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 such parties further hereby consents to (i)
          binding arbitration under the Commercial Arbitration Rules of the
          American Arbitration Association, (ii) to empowering the arbitrators
          to take the actions and enforce the judicial remedies described in the
          Iowa Tribe Resolution of Limited Waiver of Sovereign Immunity,
          Resolution I-05-09, dated January 27, 2005 issued in connection with
          the execution of the Transaction Documents (the "Resolution of Limited
          Waiver"), and (iii) judicial proceedings in or before the United
          States District Court for the Northern District of Oklahoma, or if
          that court determines it is without jurisdiction, then to the courts
          of the State of Oklahoma 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, the Iowa
          Tribe 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 the Iowa
          Tribe. The waivers set forth herein only extend to claims or
          proceedings brought by Lakes Management and its Affiliates and any
          award of damages against the Iowa Tribe or its Affiliates shall be
          payable solely out of the Collateral (as defined in the Resolutions of
          Limited Waiver) whether now or hereafter owned by Iowa Corp, any other
          Iowa Entity or their Affiliates.

     (h)  The Iowa Tribe, on behalf of itself and each of its Affiliates, agrees
          that any arbitration proceeding hereunder may be consolidated with any
          other arbitration proceeding that any of Lakes Management or its
          respective Affiliates may bring against Iowa Corp or any other
          Affiliates of the Iowa Entities.

     Section 5.2 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 6
                                  MISCELLANEOUS

     Section 6.1 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 Management may assign this
Agreement to a wholly owned subsidiary without the consent of the Iowa Tribe;
provided further that Lakes Management, as applicable, shall remain obligated
for the performance of its subsidiary hereunder. Other than as expressly
provided in this Section 6.1, 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 6.2 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

                                       9

<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 the Iowa Tribe:   Iowa Tribe of Oklahoma
                        a fedrally recognized Indian tribe
                        RR 1, P.O. Box 721
                        Perkins, Ok 74059

With a Copy to:         David McCullough, Esq.
                        Doerner, Saunders, Daniel & Anderson, L.L.P.
                        211 N. Robinson Ave. Suite 501
                        Oklahoma City, OK 73102-7112
                        (copy to counsel does not constitute notice to a party)

If to Lakes:            Lakes Iowa Management, 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.

     Section 6.3 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 6.4 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.

                                       10

<PAGE>

     Section 6.5 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 6.6 Compliance with Legal Requirements. All parties shall at all
times comply with all Legal Requirements.

     Section 6.7 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 6.8 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 6.9 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 any particular Project 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, including in connection with obtaining the Project Permanent
Financing.

                            [Signature Page Follows]

                                       11

<PAGE>

     The parties have executed this Tribal Agreement as of the date stated in
the introductory clause.

                                        IOWA TRIBE OF OKLAHOMA
                                        A FEDERALLY RECOGNIZED INDIAN TRIBE

                                        By /s/ Phoebe O'Dell
                                           -------------------------------------
                                        Its: Chairman
                                             -----------------------------------

                                        By /s/ Eugene Big Soldier JR.
                                           -------------------------------------
                                        Its: Secretary
                                             -----------------------------------

                                        LAKES IOWA MANAGEMENT, LLC

                                        By /s/ Timothy Cope
                                           -------------------------------------
                                           Timothy J. Cope
                                        Its: President and Chief Financial
                                             Officer

        [Signature Page to Iowa Tribal Agreement - Management - Cimarron]

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