Nevada Gold & Casinos Names Robert Sturges CEO
HOUSTON, TX, October 13, 2006. - Nevada Gold & Casinos, Inc. (AMEX:UWN) today announced that Robert B. Sturges has been appointed Chief Executive Officer, effective immediately. Mr. Sturges was retained as a special consultant to the company in June, 2006. H. Thomas Winn, who previously served as Chairman and CEO, will remain Chairman of the company.
Mr. H. Thomas Winn, Chairman, commented, "Bob has already contributed greatly to our team's efforts, and we believe that as we continue transitioning toward becoming an operationally focused company, his expertise makes him particularly well suited to lead the company and execute our growth and operating strategies going forward. We welcome him to his new role and look forward to his contributions."
Mr. Sturges has over twenty years of gaming industry experience including over fifteen years with Carnival Resorts & Casinos and Carnival Corporation. Among his many accomplishments as President of Carnival's Gaming Division, Mr. Sturges oversaw the development and operation of the Casino Rouge Riverboat in Baton Rouge, Louisiana, and Casino Rama Resort and Casino in the Toronto, Ontario, Canada market. Over the last five years he has been an active gaming industry consultant working with numerous clients on gaming development and acquisition opportunities. Earlier in Mr. Sturges career, he also served as Deputy Director and Director of the New Jersey Division of Gaming Enforcement. Mr. Sturges is currently a board member of Benihana, Inc. (Nasdaq: BNHN) currently serves as the Lead Independent Director, as well as a member of the Audit, Compensation and Executive Committees.
Mr. Robert B. Sturges, Chief Executive Officer, stated, "I am very excited to have the opportunity to lead Nevada Gold. I intend to focus my efforts on creating an efficient organizational structure that can serve as the foundation to capitalize on the many opportunities available to the Company to drive long-term shareholder value."
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