HOUSTON, June 28, 2005 (PRIMEZONE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) announced today the Company has been added to the FORTUNE Small Business (FSB) list of the 100 fastest growing small companies in America. The Company ranked 54th overall on the fifth annual list, which is comprised of public companies. The list appears in the July/August issue of FORTUNE Small Business, available on newsstands July 4 and at www.fsb.com.
H. Thomas Winn, Chairman, President and CEO of Nevada Gold & Casinos, Inc. commented, "We have grown tremendously over the past three years and we are excited that a quality publication such as FORTUNE Small Business has recognized that."
California tops the list of the states with the most companies on the FORTUNE Small Business 100 with 14 companies, followed by Texas and Florida with nine and New York and Pennsylvania with eight.
To compile the list, FORTUNE Small Business asked financial research firm Zacks to screen annual reports for public companies with annual revenue of less than $200 million and a stock price of more than $1. Within that group, companies were ranked based on the past three years' earnings growth, revenue growth, and stock performance. Real estate firms and banks, which had begun to override the list in recent years, were not considered for the list this year.
About Nevada Gold & Casinos
Nevada Gold and Casinos, Inc. (AMEX:UWN) of Houston, Texas is a developer, owner and operator of gaming facilities and lodging and entertainment facilities in Colorado, California, Oklahoma and New Mexico. The Company owns a 43% interest in the Isle of Capri-Black Hawk LLC, which owns Isle of Capri-Black Hawk and Colorado Central Station, both of which are in Black Hawk, Colorado. Colorado Grande Casino in Cripple Creek, Colorado is wholly owned and operated by Nevada Gold. The Company also works with Native American tribes in a variety of capacities from the right to lease gaming equipment to development and management of their gaming properties. Native American projects consist of River Rock Casino in Sonoma County, California, Route 66 Casino west of Albuquerque, New Mexico, a casino to be built in Tulsa, Oklahoma for the Muscogee (Creek) Nation, a casino to be built in Pauma Valley, California for the La Jolla Band of Luiseno Indians and a casino to be developed by Buena Vista Development Company, LLC in the city of Ione, California for Buena Vista Rancheria of Me-Wuk Indians. For more information, visit http://www.nevadagold.com./
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