updated 1/3/2011 4:47:16 PM ET 2011-01-03T21:47:16

HOUSTON, Jan. 3, 2011 (GLOBE NEWSWIRE) -- Nevada Gold & Casinos, Inc. (NYSE Amex:UWN) announced today that Robert Sturges, CEO and Jim Kohn, CFO, will be presenting at the 13th Annual ICR XChange Conference on Wednesday, January 12, 2011 at the St. Regis Monarch Beach Resort & Spa in Dana Point, CA. The presentation will begin at 1:15 PM Pacific Time.

The investor presentation will be webcast live from the investor relations portion of the Company's website at www.nevadagold.com .

About Nevada Gold

Nevada Gold & Casinos, Inc. (NYSE Amex:UWN) of Houston, Texas is a developer, owner and operator of 10 gaming facilities in Colorado and Washington. The following properties are wholly owned and operated by Nevada Gold: Colorado Grande Casino in Cripple Creek, Colorado, the Crazy Moose Casinos in Pasco and Mountlake Terrace, Washington, Coyote Bob's Roadhouse Casino in Kennewick, Washington, the Silver Dollar Casinos in Seatac, Mill Creek and Renton, Washington, the Club Hollywood located in Shoreline, Washington, the Royal Casino located in Everett, Washington and the Golden Nugget Casino located in Tukwila, Washington. The Company has an interest in Buena Vista Development Company, LLC which is working with the Buena Vista Rancheria of Me-Wuk Indians on a Native American casino project to be developed in the city of Ione, California. The Company has a signed management agreement including equity participation for development of a casino and hotel immediately adjacent to the Las Vegas Motor Speedway. For more information, visit www.nevadagold.com .

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

CONTACT:  Nevada Gold & Casinos, Inc.
          Robert B. Sturges, CEO or Jim Kohn, CFO
          (713) 621-2245

          ICR
          Don Duffy
          (203) 682-8200

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