Profile: Nevada Gold & Casinos Inc (UWN.A)
17 Apr 2014
Nevada Gold & Casinos, Inc., incorporated on April 7, 1977, is primarily a gaming company involved in financing, developing, owning and operating gaming properties and projects. The Company operates in four segments: Washington Gold, South Dakota Gold, Corporate and assets held for sale. On May 25, 2012, the Company sold all of the assets, including rights in the Colorado Grande name and gaming-related liabilities, of the Colorado Grande Casino to G Investments, LLC (GI). As of April 30, 2013, the Company owns approximately 268 acres of undeveloped land in Colorado which is held for sale.
Commercial Gaming Projects
The Company owns and operates 10 gaming facilities in Washington, and a slot machine route operation in South Dakota. These properties are wholly owned and operated by the Company: the Crazy Moose Casinos in Pasco and Mountlake Terrace, Washington, the Coyote Bob’s Casino in Kennewick, Washington, the Silver Dollar Casinos in SeaTac, Bothell and Renton, Washington, the Club Hollywood Casino in Shoreline, Washington, the Royal Casino in Everett, Washington, the Golden Nugget Casino in Tukwila, Washington, and the Red Dragon Casino in Mountlake Terrace, Washington (Washington Gold), and the South Dakota Gold slot route operation in Deadwood, South Dakota.
Commercial Casino Projects
The three mini-casinos are Crazy Moose Casino in Pasco, Coyote Bob's Casino in Kennewick, and Crazy Moose Casino in Mountlake Terrace. Combined, the facilities have a total of 42 table games including Blackjack, Pai Gow poker, Baccarat, Player Banked Poker, Spanish 21, Blackjack-Double Action, Ultimate Hold’em, and Three and Four Card Poker. The six mini-casinos are Silver Dollar Casinos in SeaTac, Renton, and Bothell, Golden Nugget Casino in Tukwila, Club Hollywood Casino in Shoreline, and Royal Casino in Everett. All of the mini-casinos are located in the Seattle area. Combined, the six facilities have a total of approximately 90 table games including Blackjack, Spanish 21, Player Banked Poker, and other popular banked table games. South Dakota Gold is a slot machine route operator that has been in business since the legalization of gaming in South Dakota. As of April 30, 2013, it operated approximately 915 slots at approximately 20 locations in Deadwood, South Dakota, which represent about 26% of the total number of slot machines in that market. Speedway is a to-be-built hotel and casino on a parcel adjacent to the Las Vegas Motor Speedway in North Las Vegas, Nevada. It is anticipated that, if completed, this project includes a hotel, casino and other amenities.
Nevada Gold & Casinos Inc
Suite 102, 133 E. Warm Springs R
LAS VEGAS NV 89119