Nevada Gold Delays Filing of 10-Q


HOUSTON, Dec. 5, 2006 (PRIME NEWSWIRE) -- Nevada Gold & Casinos (AMEX:UWN) announced today that it expects to file Form 12b-25 with respect to its Form 10-Q for the second quarter of fiscal 2007 in order to allow for more time to complete its quarterly review. The Company will discuss the anticipated delay and other matters on a conference call today, Tuesday, December 5, 2006 at 5:00 p.m. Eastern Time. To access the webcast, please visit www.nevadagold.com and click on 'Investor Relations' and then 'Events.' The dial-in number for the call is 800-289-0572; please call approximately 10 minutes in advance to ensure that you are connected prior to the presentation. A replay of the call will be available until December 12, 2006 by dialing 888-203-1112; password 6346067.

Forward-Looking Statements

This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain additional Indian gaming and other projects. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.

About Nevada Gold & Casinos

Nevada Gold & Casinos, Inc. (AMEX:UWN) of Houston, Texas is a developer, owner and operator of gaming facilities and lodging entertainment facilities in Colorado, California, and New York. 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 owns a 40% interest in the Tioga Downs Racetrack & Vernon Downs Racetrack in New York State and has a management contract for both facilities. The Company also works with Native American tribes in a variety of capacities. Native American projects consist of River Rock Casino in Sonoma County, California, 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 Luisenyo 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 www.nevadagold.com.

The Nevada Gold & Casinos, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1552



            

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