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Nevada Gold's Chief Executive Officer to Present At the Southern Gaming Summit

HOUSTON, May 6, 2009 -- Nevada Gold & Casinos, Inc. (NYSE Amex:UWN) today announced that Robert Sturges, Chief Executive Officer, will be participating in two panels at the 2009 Southern Gaming Summit taking place at the Mississippi Coliseum and Convention Center in Biloxi, Mississippi.

The first panel that Mr. Sturges will be included in is titled "National Economic Impact of Gaming," which will begin at 10:00 am CT today, May 6th. During this session, Mr. Sturges will be discussing his experience in regional gaming operations and how those operations have not been affected by recent economic conditions to the same degree as many other leisure industries.

The second panel Mr. Sturges will be included in is titled "Cruise Ship Gaming and the Gulf," which will begin at 9:00 am CT on Thursday, May 7th. During this session, Mr. Sturges will discuss his experience as the senior gaming executive for Carnival Cruise Lines and the synergies he developed between land-based facilities and cruise ship casinos.

Mr. Sturges has over twenty-five years of gaming industry experience and has been a frequent spokesperson on gaming issues and trends throughout his career.

About Nevada Gold

Nevada Gold & Casinos, Inc. (NYSE Amex:UWN) of Houston, Texas is a developer, owner and operator of gaming facilities in Colorado and the southeastern United States. The Colorado Grande Casino in Cripple Creek, Colorado is wholly owned and operated by Nevada Gold. 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 also has a management contract with Oceans Casino Cruises, Inc., owner of SunCruz Casinos, the largest day cruise casino company in the United States. On March 12, 2009, the Company announced plans to acquire three casinos in Washington State, subject to customary closing conditions. 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, Inc.
          Don Duffy
          (203) 682-8200



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NEVADA GOLD CASINOS, INC.
NYSE Alternext US: UWN
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