Press Release: Nevada Gold & Casinos, Inc.
March 21, 2001
HOUSTON, TX -- The following was released today by Nevada Gold & Casinos, Inc. (OTC Bulletin Board: UWIN):
3rd Quarter 2000 3rd Quarter 1999
Revenue $26.4 Million $24.0 Million
EBITDA $7.0 Million $5.8 Million
Net Income $2.9 Million $2.4 Million
Nevada Gold & Casinos, Inc., a resorts and entertainment company, announced today the continued success
of the Isle of Capri Casino and Hotel in Black Hawk, Colorado. UWIN, which owns 43 percent of the Isle of Capri
Black Hawk, reported that its share of the casino's net income for the third quarter of this fiscal year totaled
$1,284,840, compared to the same quarter last year of $1,052,640, up 22%.
``The Isle of Capri Black Hawk Casino and Hotel, as well as the Black Hawk market, continue to demonstrate growth
and we are pleased with the 22% increase over last year,'' says H. Thomas Winn, President and CEO of Nevada Gold
& Casinos, Inc.
UWIN currently owns 43 percent of the Isle of Capri Casino-Black Hawk, the largest hotel casino in Colorado, through
a joint venture with Isle of Capri Casinos, Inc. (Nasdaq: ISLE). The company also owns approximately 240 acres
of undeveloped real estate contiguous to Black Hawk, Colorado, which UWIN intends to develop into a master-planned
resort community. In addition, UWIN owns 850 acres of New York's Wellesley Island with plans to develop a resort
site that has potential for an Indian-based casino. UWIN also controls 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
SOURCE: Nevada Gold & Casinos, Inc.