Nevada Gold to Report Fourth Quarter and Fiscal Year 2009 Financial Results

HOUSTON, July 6, 2009 (GLOBE NEWSWIRE) -- Nevada Gold & Casinos, Inc. (NYSE
Amex:UWN) today announced that it will host a conference call on Wednesday, July
8, 2009 at 5:00pm EDT to discuss its fourth quarter and fiscal year 2009
financial results. The call can be accessed live over the phone by dialing (888)
204-4394 or for international callers by dialing (913) 312-1431. A simultaneous
webcast of the call will be available by visiting http://www.nevadagold.com/. A
replay will be available at 8:00pm EDT and can be accessed by dialing (888)
203-1112 or (719) 457-0820 for international callers; the pin number is 2009542.
The replay will be available until July 15, 2009.

About Nevada Gold

Nevada Gold & Casinos, Inc. (NYSE Amex:UWN) of Houston, Texas, is a developer,
owner and operator of gaming facilities in Colorado, Washington and the
southeastern United States. The Colorado Grande Casino in Cripple Creek,
Colorado, the Crazy Moose Casino in Pasco, Washington, the Coyote Bob's
Roadhouse Casino in Kennewick, Washington and the Crazy Moose Casino in
Mountlake Terrace, Washington are 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. For more
information, visit www.nevadagold.com.

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

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

ICR, Inc.
Don Duffy
(203) 682-8200