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Colorado Grande Casino expansion opens July 2nd

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June 1, 2009


Nevada Gold & Casinos, Inc. today announced that expansion of Colorado Grande Casino are well underway and are scheduled to open July 2, 2009.

The Colorado Grande-Cripple Creek Casino is currently 6,200 square feet. It is located near the center of the Cripple Creek market and features 200 slot machines, five guest rooms, 44 parking spaces, and Maggie's Restaurant.

The expansion will increase the facility by approximately 20% to take advantage of last year's Amendment 50. The constitutional change allows an increase in the bet limits, additional types of table games, 24-hour gaming and a fixed tax rate.

Robert Sturges, CEO of Nevada Gold, said "Our expansion plans are proceeding nicely at the Colorado Grande Casino and we feel that our enhanced facility will add to the overall experience at that location. We also feel that this expansion will draw more customers since the Colorado Grande is the only casino in Cripple Creek that will be adding table games to a slot-only floor. We plan to add four table games, including blackjack and roulette, additional food and beverage options, an additional street level entrance and convert our guest rooms to full service hotel rooms. We look forward to being able to provide our guests with enhanced offerings while still giving them the same level of customer service they have come to expect from our facility."

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