ISLE Isleworth Healthcare Acquisition Corporation

Nevada Gold & Casinos Reaffirms Fiscal 2004 Guidance HOUSTON, April 28 /PRNewswire-FirstCall/ -- Nevada Gold & Casinos, Inc. reaffirms guidance for fiscal 2004. Based on preliminary, un-audited financial results for fiscal 2004 ended March 31, 2004, the Company expects to report operating earnings per diluted share within the previous issued guidance range of $0.56 - $0.61. During the fourth quarter, the Company's joint venture, the Isle of Capri- Black Hawk LLC, experienced greater than expected construction disruption at its properties in Black Hawk, Colorado. 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 Indian 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, Inc. Nevada Gold & Casinos, Inc. of Houston is a developer of gaming properties, and has real estate interests in Colorado, California, and Nevada. UWN owns a 43% interest in The Isle of Capri-Black Hawk LLC, which owns Isle of Capri Casino, a 237-room hotel/casino and Colorado Central Station Casino (both located in Black Hawk, Colorado, about 35 miles west of Denver) and Colorado Grande Casino, located in Cripple Creek, Colorado. The LLC is a joint venture with Isle of Capri Casinos, Inc. (NASDAQ:ISLE). UWN has 69% ownership of Dry Creek Casino, LLC, which is assisting the Dry Creek Rancheria Band of Pomo Indians with their River Rock Casino, Alexander Valley, Sonoma County, California (about 75 miles north of San Francisco in the California wine country). UWN has 51% ownership of Route 66 Casinos, LLC, which has the exclusive right to lease gaming equipment to the Pueblo of Laguna in their Route 66 Casino 11 miles west of Albuquerque, New Mexico. UWN has entered into a contract to develop and manage a casino for the Muscogee (Creek) Nation in Tulsa, Oklahoma. For more information, visit http://www.nevadagold.com/ . Contact: H. Thomas Winn, Chairman, President & CEO (713) 621-2245 Christopher Domijan, CFO, (713) 621-2245 Thomas Ryan/Don Duffy, Integrated Corporate Relations (203) 222-9013 http://www.newscom.com/cgi-bin/prnh/20030430/UWNLOGO http://photoarchive.ap.org/ DATASOURCE: Nevada Gold & Casinos, Inc. CONTACT: H. Thomas Winn, Chairman, President & CEO, or Christopher Domijan, CFO, both of Nevada Gold & Casinos, Inc., +1-713-621-2245; or Thomas Ryan, or Don Duffy, both of Integrated Corporate Relations, +1-203-222-9013 Web site: http://www.nevadagold.com/

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