Nevada Gold Announces 4th Q/2005 Earnings Call and Credit Enhancement Fees from River Rock
HOUSTON, May 12, 2005 -- Nevada Gold & Casinos, Inc. (AMEX:UWN) announces the following webcast:
What: Nevada Gold & Casinos, Inc. 4th Quarter and Fiscal 2005
Earnings Call
When: 06/14/05 at 3:30 p.m. CST (4:30 p.m. EST)
Where: http://www.nevadagold.com, Investor Relations, Events
How: Live over the internet -- Simply log on to the web at the
address above.
If you are unable to participate during the live webcast, the conference call replay will be available by dialing 1-888-203-1112 or 1-719-457-0820 for international callers (Replay Pin Number: 4406228). In addition, the call will be archived on the Company's website through July 5, 2005.
The Company also announced it received credit enhancement fees of approximately $2 million related to the River Rock Casino project in its fourth quarter, which ended March 31, 2005. Additionally, River Rock repaid the $5 million outstanding balance due to the Company.
About Nevada Gold & Casinos
Nevada Gold and Casinos, Inc. (AMEX:UWN) of Houston, Texas is a developer, owner and operator of gaming facilities and lodging and entertainment facilities in Colorado, California, Oklahoma and New Mexico. 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 from the right to lease gaming equipment to development and management of their gaming properties. Native American projects consist of River Rock Casino in Sonoma Valley, California, Route 66 Casino West of Albuquerque, New Mexico, 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 Luiseno Indians and a casino to be developed by Buena Vista Development Company, LLC near Buena Vista, California for Buena Vista Rancheria of Me-Wuk Indians. Additional information is available at www.nevadagold.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Nevada Gold & Casinos Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
Contacts: Nevada Gold & Casinos, Inc., Houston
H. Thomas Winn
Christopher Domijan, 713-621-2245
or
Integrated Corporate Relations
Don Duffy, 203-682-8200
