Jamul Indian Casino...

Lakes Entertainment's latest quarterly report is out, and it looks much like the last few.  They've recognized another $800k in “impairment losses” (definition below) related to the Jamul casino project, and are still using the same “we haven't given up quite yet” language when talking about it...

Impairment Loss: A special, nonrecurring charge taken to write down an asset with an overstated book value. Generally an asset is considered to be value-impaired when its book value exceeds the future net cash flows expected to be received from its use. An impairment write-down reduces an overstated book value to fair value.