GM appointed for Tioga Downs, Vernon Downs

HOUSTON, Texas – (PRESS RELEASE) -- Nevada Gold & Casinos (AMEX:UWN) announced today the appointment of Robert ``Bob' Farinella as Senior Vice President and General Manager of Tioga and Vernon Downs in New York State. Mr. Farinella is replacing Eric Persson, who has resigned to return to his hometown of Las Vegas to pursue the purchase of a business enterprise. Mr. Persson will be working closely with Mr. Farinella during the transition phase.

Mr. Farinella was most recently President and General Manager of Prairie Meadows Casino and Racetrack in Altoona, Iowa, one of the largest gaming and racing resorts in Iowa. He was responsible for the opening of Prairie Meadows and its subsequent $120 million expansion. He has also served as General Manager of Jumer's Casino Rock Island in Illinois and consulted in the development of various Native American and riverboat gaming facilities. Mr. Farinella started his career in the U.S. military where he was responsible for over 6,000 gaming machines worldwide. He holds a B.A. in Commerce from the University of Maryland and an M.B.A. from the University of Utah.

``We very excited to welcome Bob Farinella as our new Senior Vice President & General Manager to Tioga and Vernon Downs. Bob brings tremendous experience and leadership and we look forward to his future contributions which will enable these two facilities to achieve their optimum potential,' said John Arnesen, President and Chief Operating Officer of Nevada Gold & Casinos. ``We also want to thank Eric for his tremendous dedication and hard work in getting Tioga and Vernon Downs developed, positioned and operating. We wish him well in his new endeavors.'