HOUSTON and COLORADO SPRINGS, Colo., Oct. 17, 2005 (PRIMEZONE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) announced today the Re-Grande Opening of the Colorado Grande Casino in Cripple Creek, Colorado on October 18, 2005. The Company purchased the property in April of 2005 from Isle of Capri-Black Hawk, LLC, a joint venture with Isle of Capri Casinos, Inc. (Nasdaq:ISLE).
Upgrades to the facility include: TITO machine placement, new Grande Rewards Slot Club, new exterior awnings, as well as a total interior refurbish including new carpet, wallpaper, paint, curtains and seating. The popular Maggie's Restaurant has also had an extensive "face-lift," but the spirit of Maggie's lives on with the quality cuisine which has made it a sought-after destination in Cripple Creek for years.
Festivities officially begin at opening with double points and special food offers based on play through November 30. Live music will begin at 6:00 p.m. along with cash drawings beginning at 8:00 p.m. The Colorado Grande Casino is once again the place to be in Cripple Creek for a "spirited" good time where everyone knows your name. For more information, please see www.nevadagold.com or www.coloradogrande.com.
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, New York 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 owns a 50% interest in the Tioga Downs Raceway in New York State and has a management contract for the facility. 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, 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 in the city of Ione, California for Buena Vista Rancheria of Me-Wuk Indians. For more information, visit http://www.nevadagold.com.
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