July 10, 2008

Nevada Gold Reschedules Conference Call

HOUSTON, July 10, 2008 (PRIME NEWSWIRE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) today announced that it will delay the filing of its Form 10-K for the period ended April 27, 2008 beyond the filing deadline of July 11, 2008 because it is awaiting receipt of required audited financial statements from a former material equity investee. Accordingly, the Company has rescheduled today's conference call to discuss fourth quarter results. The call is now scheduled to take place on July 24, 2008.

The Company intends to file its 2008 Form 10-K on or before July 28, 2008, and will therefore file with the Securities and Exchange Commission a Form 12b-25 Notification of Late Filing, and indicate that its 10-K filing is expected to be made within the 15-day grace period.

New Conference Call Dial-In Information

The Company will discuss fourth quarter financial results via a conference call on July 24th, 2008 at 5:00 p.m. ET. The call can be accessed at www.nevadagold.com, Investor Relations, Events or by dialing (888) 791-4324 or (913) 312-0704 for international callers. If you are unable to participate, the conference call replay will be available by dialing (888) 203-1112 or (719) 457-0820 for international callers. The replay access code is 2163422. The replay will be available until July 31, 2008.

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. Colorado Grande Casino in Cripple Creek, Colorado is wholly owned and operated by Nevada Gold. The Company recently reached an agreement to acquire the Horizon Casino Hotel in Vicksburg, Mississippi. The Company also works with Native American tribes in a variety of capacities. Current Native American projects consist of 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

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 CONTACT:  Nevada Gold & Casinos, Inc.           Robert B. Sturges           (713) 621-2245            ICR           Don Duffy           (203) 682-8200