Tioga Grand Opening Delayed Due to Weather Conditions

HOUSTON -- Nevada Gold & Casinos, Inc. (AMEX:UWN), today announced that the grand opening of Tioga Downs Racetrack, which was scheduled for today, has been delayed due to weather conditions. Tioga
The Tioga Downs facility.  Downs hopes to open on Saturday, July 1, 2006, with the official ribbon cutting ceremony occurring on Monday, July 3, 2006.

Nevada Gold & Casinos, Inc. (AMEX:UWN - News) of Houston, Texas is a developer, owner and operator of gaming facilities and lodging and entertainment facilities in Colorado, California, Oklahoma, and New York. 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 owns a 40% interest in the Tioga Downs Racetrack & Vernon Downs Racetrack in New York State and has a management contract for both facilities. 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 County, California, 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 Luisenyo Indians and a casino to be developed by Buena Vista Development Company, LLC in the city of Ione, California for Buena Vista Rancheria of Me-Wuk Indians.