Black Hawk, Colorado's March $41.8MM AGP Tops Best Yet July 2000 of $40.1MM

Apr 24, 2001, 01:00 ET from Nevada Gold & Casinos, Inc.

    HOUSTON, April 24 /PRNewswire Interactive News Release/ -- Nevada Gold &
 Casinos, Inc. (OTC Bulletin Board:   UWIN), reports the continued growth of the
 Black Hawk gaming market with March 2001 revenue of $41.8 million (announced
 by the Colorado Division of Gaming last week).  The numbers demonstrate an
 increase of 14.8% from March 2000, and nearly 16% over February of this year.
 March 2001 has now surpassed the $40.1 million best yet record set for
 July 2000.
     The State of Colorado's three gaming towns reported total gaming revenues
 for March 2001 of $58.8 million, up from last March's $52.5 million, a not
 less than 12% increase and close to 14% higher than the $51.6 million for
 February.
     "Black Hawk's March numbers, having now exceeded mid-summer 2000 numbers,
 illustrate the growth potential of the Colorado gaming market," states H.
 Thomas Winn, President, Nevada Gold & Casinos.
     Nevada Gold & Casinos, Inc. currently owns 43% of the Isle of Capri
 Casino-Black Hawk in a joint venture with
 Isle of Capri Casinos, Inc. (Nasdaq:   ISLE), a premier operator of middle
 market casinos.
 
     About UWIN
     The venture's luxury 237-room hotel, which is above the existing casino,
 opened in August 2000.  The company also controls approximately 260 acres of
 undeveloped real estate contiguous to Black Hawk, Colo., which it intends to
 develop into a master-planned golf resort community.  In addition, UWIN owns
 over 850 acres of New York's Wellesley Island (located on the St. Lawrence
 Seaway) to develop a resort site with a potential Indian-based casino.  UWIN
 also owns approximately 30 percent of Restaurant Connections International
 Inc. (RCI), which owns and operates 19 Pizza Hut restaurants in Sao Paulo,
 Brazil.
     For more information about UWIN, Isle of Capri - Black Hawk and RCI,
 please visit UWIN's Web site at www.nevadagold.com.
 
     Except for historical information contained in this release, certain
 matters set forth in this press release are forward looking statements that
 are subject to risks and uncertainties, including government regulation and
 taxation, customer attendance and spending, competition, capital resources,
 general economic conditions, and other risks detailed in the Company's SEC
 reports.
 
      For more information contact:
 
      H. Thomas Winn, President/CEO    or    Cynthia Thompson, President/CEO
      Nevada Gold & Casinos, Inc.            Intuitive Solutions International
      713/621-2245                           713-629-7400
      Twinn@nevadagold.com                   Cynthia@isiglobal.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X51345564
 
 

SOURCE Nevada Gold & Casinos, Inc.
    HOUSTON, April 24 /PRNewswire Interactive News Release/ -- Nevada Gold &
 Casinos, Inc. (OTC Bulletin Board:   UWIN), reports the continued growth of the
 Black Hawk gaming market with March 2001 revenue of $41.8 million (announced
 by the Colorado Division of Gaming last week).  The numbers demonstrate an
 increase of 14.8% from March 2000, and nearly 16% over February of this year.
 March 2001 has now surpassed the $40.1 million best yet record set for
 July 2000.
     The State of Colorado's three gaming towns reported total gaming revenues
 for March 2001 of $58.8 million, up from last March's $52.5 million, a not
 less than 12% increase and close to 14% higher than the $51.6 million for
 February.
     "Black Hawk's March numbers, having now exceeded mid-summer 2000 numbers,
 illustrate the growth potential of the Colorado gaming market," states H.
 Thomas Winn, President, Nevada Gold & Casinos.
     Nevada Gold & Casinos, Inc. currently owns 43% of the Isle of Capri
 Casino-Black Hawk in a joint venture with
 Isle of Capri Casinos, Inc. (Nasdaq:   ISLE), a premier operator of middle
 market casinos.
 
     About UWIN
     The venture's luxury 237-room hotel, which is above the existing casino,
 opened in August 2000.  The company also controls approximately 260 acres of
 undeveloped real estate contiguous to Black Hawk, Colo., which it intends to
 develop into a master-planned golf resort community.  In addition, UWIN owns
 over 850 acres of New York's Wellesley Island (located on the St. Lawrence
 Seaway) to develop a resort site with a potential Indian-based casino.  UWIN
 also owns approximately 30 percent of Restaurant Connections International
 Inc. (RCI), which owns and operates 19 Pizza Hut restaurants in Sao Paulo,
 Brazil.
     For more information about UWIN, Isle of Capri - Black Hawk and RCI,
 please visit UWIN's Web site at www.nevadagold.com.
 
     Except for historical information contained in this release, certain
 matters set forth in this press release are forward looking statements that
 are subject to risks and uncertainties, including government regulation and
 taxation, customer attendance and spending, competition, capital resources,
 general economic conditions, and other risks detailed in the Company's SEC
 reports.
 
      For more information contact:
 
      H. Thomas Winn, President/CEO    or    Cynthia Thompson, President/CEO
      Nevada Gold & Casinos, Inc.            Intuitive Solutions International
      713/621-2245                           713-629-7400
      Twinn@nevadagold.com                   Cynthia@isiglobal.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X51345564
 
 SOURCE  Nevada Gold & Casinos, Inc.