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Nevada Gold Added to Fortune Small Business 100 List

HOUSTON, Texas -- (PRESS RELEASE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) announced today the Company has been added to the FORTUNE Small Business (FSB) list of the 100 fastest growing small companies in America. The Company ranked 54th overall on the fifth annual list, which is comprised of public companies. The list appears in the July/August issue of FORTUNE Small Business, available on newsstands July 4 and at http://www.fsb.com.

Thomas Winn, Chairman, President and CEO of Nevada Gold & Casinos, Inc. commented, ``We have grown tremendously over the past three years and we are excited that a quality publication such as FORTUNE Small Business has recognized that.'

California tops the list of the states with the most companies on the FORTUNE Small Business 100 with 14 companies, followed by Texas and Florida with nine and New York and Pennsylvania with eight.

To compile the list, FORTUNE Small Business asked financial research firm Zacks to screen annual reports for public companies with annual revenue of less than $200 million and a stock price of more than $1. Within that group, companies were ranked based on the past three years' earnings growth, revenue growth, and stock performance. Real estate firms and banks, which had begun to override the list in recent years, were not considered for the list this year.

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