HOUSTON, Jan. 24, 2012 — Nevada Gold & Casinos, Inc. today announced that it has received approval for its state gaming license from the South Dakota Commission on Gaming.
“We continue to believe that the acquisition of AG Trucano is a very attractive opportunity for Nevada Gold. The approval for a gaming license in the state of South Dakota is one of the final steps before closing our pending acquisition,” said Robert Sturges, Chief Executive Officer of Nevada Gold. “We are delighted to have received approval from the South Dakota Commission on Gaming and appreciate the efforts of the Commission in the timely evaluation of our application.”
On October 18, 2011, the Company announced that it had signed an agreement to purchase AG Trucano, Son & Grandsons, Inc.