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Nevada Gold & Casinos to Report First Quarter 2008 Financial Results

HOUSTON, Aug. 17, 2007 -- Nevada Gold & Casinos, Inc. (AMEX:UWN) announces it will host a conference call on Wednesday, September 5, 2007 at 5:00pm ET to discuss its first quarter 2008 financial results. The call can be accessed live over the phone by dialing (888) 202-2422 or for international callers by dialing (913) 981-5592. A simultaneous webcast of the call will be available by visiting http://www.nevadagold.com/. A replay will be available at 8:00 p.m. ET and can be accessed by dialing (888) 203-1112 or (719) 457-0820 for international callers; the pin number is 7236408. The replay will be available until September 12, 2007.

Robert Sturges, CEO of Nevada Gold & Casinos, Inc., commented, "We expect our first quarter results to reflect substantial operating improvement as the result of our cost cutting efforts. We believe the Company is making good progress with respect to its financial and operating performance, and look forward to providing a detailed update on the conference call."

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 and California. 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. Native American projects consist of 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 the 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

CONTACT:  Nevada Gold & Casinos, Inc.
          Robert B. Sturges
          (713) 621-2245

          Integrated Corporate Relations
          Don Duffy
          (203) 682-8200



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NEVADA GOLD CASINOS, INC.
NYSE Alternext US: UWN
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