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Nevada Gold & Casinos Announces CEO Transition

LAS VEGAS, July 11, 2018 (GLOBE NEWSWIRE) -- Nevada Gold & Casinos, Inc. (UWN) announced that effective upon the closure of the Company’s Las Vegas corporate office and relocation of its headquarters to the Seattle Washington area Mr. Victor Mena, Vice President of Nevada Gold’s Washington Operations, will succeed Mr. Michael Shaunnessy as President and Chief Executive Officer of the Company.  Mr. Mena has led the operations in Washington since the initial three casinos comprising the unit were first acquired in 2009.  His appointment was approved unanimously by the Board of Directors.

Mr. Shaunnessy will continue on a temporary basis to assist in the smooth transition and relocation.

Chairman William Sherlock said, “Mike has made important contributions to the Company during his tenure as our Chief Executive Officer.  We wish him well in his future endeavors and hope to have an opportunity to work with him in the future.”

Forward-Looking Statements
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain additional gaming and other projects. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.

About Nevada Gold & Casinos
Nevada Gold & Casinos, Inc. (UWN) of Las Vegas, Nevada is a developer, owner and operator of 9 gaming operations in Washington (wagoldcasinos.com), a local casino in Henderson, Nevada (clubfortunecasino.com).

Contacts:
Nevada Gold & Casinos, Inc.
Michael P. Shaunnessy / James Meier
(702) 685-1000

 
Stonegate Capital Partners
Preston Graham
(972) 850-2001