Washington Gold's Chief Operating Officer Elected President of Recreational Gaming Association


HOUSTON, May 17, 2012 (GLOBE NEWSWIRE) -- Nevada Gold & Casinos, Inc. (NYSE Amex:UWN) announced today that Victor Mena, Chief Operating Officer of Washington Gold, owned and operated by Nevada Gold, has been elected President of the State of Washington's Recreational Gaming Association ("RGA").

"The state of Washington is very important to Nevada Gold so we are pleased that our COO will now be President of the RGA. As President of the RGA, Victor will be a key spokesman and representative in the mini-casino industry's efforts to legalize electronic gaming in Washington facilities," said Robert Sturges, CEO of Nevada Gold. "On behalf of the Company I would like to congratulate Victor on his election."

The Recreational Gaming Association represents the card room industry in the state of Washington. Mr. Mena's term is for one year and he may be re-elected.

About Nevada Gold

Nevada Gold & Casinos, Inc. (NYSE Amex:UWN) of Houston, Texas is a developer, owner and operator of 12 gaming operations in Colorado and Washington and a slot route operation in Deadwood, South Dakota. The following properties are wholly owned and operated by Nevada Gold: Colorado Grande Casino in Cripple Creek, Colorado, the Crazy Moose Casinos in Pasco and Mountlake Terrace, Washington, Coyote Bob's Roadhouse Casino in Kennewick, Washington, the Silver Dollar Casinos in Seatac, Bothell and Renton, Washington, the Club Hollywood Casino located in Shoreline, Washington, the Royal Casino located in Everett, Washington, the Red Dragon Casino in Mountlake Terrace, Washington, the Golden Nugget Casino located in Tukwila, Washington and the AG Trucano slot route operation in Deadwood, SD. 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. On November 23, 2011, the Company signed an agreement to sell the Colorado Grande Casino. Closing of the transaction is subject to regulatory approval and is expected to take place shortly. 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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