updated 3/9/2011 6:45:55 PM ET 2011-03-09T23:45:55

HOUSTON, March 9, 2011 (GLOBE NEWSWIRE) -- Nevada Gold & Casinos, Inc. (NYSE Amex:UWN) today announced that it will host a conference call on Wednesday, March 16, 2011 at 5:00 pm ET to discuss its third quarter 2011 financial results. The call can be accessed live over the phone by dialing (800) 967-7185 or for international callers by dialing (719) 325-2199. A simultaneous webcast of the call will be available by visiting http://www.nevadagold.com/. A replay will be available at 8:00 pm ET and can be accessed by dialing (877) 870-5176 or (858) 384-5517 for international callers; the pin number is 5852785. The replay will be available until March 23, 2011.

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
         
         or
         
         ICR
         Don Duffy
         (203) 682-8200

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