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Nevada Gold & Casino reports ruling

HOUSTON, Texas -- (PRESS RELEASE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) today announced that the Court of Appeal of the State of California, Fifth Appellate District, (the ``Appeals Court') affirmed the previous ruling of the Superior Court of the State of California (the ``Superior Court') regarding the suit by Rinaldo Corporation (``Rinaldo') against the Company.

On February 15, 2007 the Superior Court granted Nevada Gold's Motion for Summary Judgment, effectively disposing of Rinaldo's single remaining claim against Nevada Gold. Rinaldo subsequently appealed the dismissal of this case, and in its most recent ruling, the Appeals Court upheld the Superior Court's ruling. The ruling by the Appeals Court is subject to discretionary review by the Supreme Court of California if Rinaldo chooses to continue the appellate process.

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