BNET Industries

Market Cap:$13.1M
Last Fiscal Year Sales:$6.7M
- Public
- US
Dow Jones Description
Nevada Gold & Casinos, Inc., a Nevada corporation, was formed in 1977 and, since 1994 has been primarily a gaming company involved in financing, developing, owning and operating gaming projects. Commercial Gaming Projects . We own and operate the Colorado Grande Casino in Cripple Creek, Colorado . From July 1997 through January 27, 2008, we held a 43% interest in Isle of Capri - Black Hawk, LLC ("IC-BH") which owned and operated two commercial casino properties in Black Hawk, Colorado - the Isle of Capri-Black Hawk Casino and Colorado Central Station Casino. On January 27, 2008, we sold our membership interest to our partner, Isle of Capri Casinos, Inc. ("Isle"). From November 2005 through June 14, 2007, we held an equity investment in American Racing and Entertainment, L.L.C. ("American Racing") which was formed to pursue racing and gaming opportunities in the State of New York. In addition, we had an agreement with American Racing to manage the two racing and gaming facilities owned by American Racing. In April 2007, we entered into a Letter Agreement for the sale of our interest in American Racing to two of our joint venture partners. The sale was completed on June 14, 2007. Our ownership percentage was initially 50% and was reduced over time to 15.67% at the date of the sale. In November 2007 we signed a Purchase and Sale Agreement to acquire the Horizon Casino and Hotel in Vicksburg, Mississippi from Tropicana Entertainment. ...
Number of Employees 89
Peer Companies
NAICS Code Other Gambling Industries: 713290
Recent Events
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Nevada Gold Announces Election of William J. Sherlock as Chairman of the Board
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Nevada Gold Announces First Quarter 2010 Financial Results
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UWN: Management Comments on Financial Results and Amended Credit Facility
News & Analysis
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nevada gold & casinos inc. - All News and Analysis
Nevada Gold & Casinos, Inc. F1Q09 (Qtr End 07/31/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Michael Friedman - Noble Financial Group. Michael Friedman - Noble Financial Group A question about the Horizon situation. I know it's somewhat sensitive but can you give us idea if there's some sort of a breakup fee...
Nevada Gold & Casinos F2Q08 (Qtr End 10/28/07) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We will take our first question from Michael Friedman at Noble Financial. Michael Friedman - Noble Financial Good morning. I wanted to focus in a little bit on the New York race tracks. You mentioned it earlier in your comments. It seems...
Nevada Gold & Casinos, Inc. Names Christopher C. Domijan - Chief Financial Officer
Business Editors HOUSTON--BUSINESS WIRE--May 16, 2001 Nevada Gold & Casinos, Inc. (OTCBB:UWIN) announces the appointment of Christopher C. Domijan as Chief Financial Officer. Mr. Domijan's responsibilities include corporate finance and administration, banking and investor relations, and regulatory compliance for the Company and its subsidiaries. Mr. Domijan brings...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Robert B. Sturges | CEO |
| Ernest E. East | General Counsel, Senior Vice President & Chief Compliance Officer |
| Jay Kohn James | Cfo |
| Jim Kohn | Chief Financial Officer |
| Mike Ngai | Vice President & Chief Accounting Officer |
| DONALD A BRENNAN | Senior Vice President, Development |
| Paul J. Burkett | Vice President |
| Francis M. Ricci | Director |
| Frank Catania | Director |
| William G. Jayroe | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John M. Gallaway | Board of Directors |
| Joseph A. Juliano | Chairman, Nevada Gold & Casinos, Inc, Senior Vice President, Entertainment Division |
| Lane Briar Hollow | Board of Directors |
| Michael Ricci Francis | Board of Directors |
| Wayne H. White | Board of Directors |
| William J. Sherlock | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | CEO | Current |
| Continental Hospitality Holdings LLC | Partner | Current |
| Nevada Gold & Casinos, Inc. | General Counsel | Current |
| Nevada Gold & Casinos, Inc. | Board of Directors | Current |
| Benihana Inc. | Board Member | Current |
| Casinos | Director | Former |
| The Casino Company | Director | Former |
| Dartmouth College | Former |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | General Counsel, Senior Vice President & Chief Compliance Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Chief Financial Officer | Current |
| Detroit Entertainment, LLC | Chief Financial Officer | Former |
| The Casino Company | Vice President | Former |
| Financial Analysis | Board of Directors | Former |
| Penn National Gaming, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Vice President & Chief Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Senior Vice President, Development | Current |
| Southern Methodist University | MBA | Former |
| Cornell University | Bachelor's Degree In Hotel and Restaurant Administration | Former |
PAUL J. BURKETT, age 83. Mr. Burkett has served as a director since October 1988 and as Vice President of the Company since January 1994. Mr. Burkett served as our President from 1991 until January 1994. Mr. Burkett has been involved in the real estate and mining industry for over forty years. Since August 1999, Mr. Burkett has served as President of Goldfield Resources, Inc., one of our wholly owned subsidiaries. His business for the past five years has concentrated on independent mining and real estate ventures. In addition, Mr. Burkett serves as Chairman of the Board of Trustees of the Joshua Tree Retreat Center, a 400-acre retreat located in Joshua Tree, California.
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Vice President | Current |
| Nevada Gold & Casinos, Inc. | President | Former |
| Nevada Gold & Casinos, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Director | Current |
| Deloitte Touche Tohmatsu | audit specialist | Former |
| University of Montana | MBA | Former |
| University of Montana | BS In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Catania Consulting Group, Inc | President | Current |
| Catania & Associates | Lawyer | Current |
| Empire Resorts, Inc. | Principal at Catania Consulting Group | Current |
| Catania Consulting Group, Inc | Principal | Current |
| Gaminglawmasters | Attorney | Current |
| Nevada Gold & Casinos, Inc. | Principal of Catania Consulting Group | Current |
| Nevada Gold & Casinos, Inc. | Director | Current |
| Catania Consulting Group, Inc | Owner | Former |
| Empire Resorts, Inc. | Board of Directors | Former |
| Seton Hall University | J.D. | Former |
| Seton Hall University School of Law | J.D. | Former |
| Rutgers College | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Board of Directors | Current |
| Tropicana Hotel | President | Former |
| Caesars Palace | Vice President of Hotel Operations | Former |
| Tropicana Hotel | General Manager | Former |
| Sun International | Deputy Managing Director of Gaming | Former |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Chairman, Nevada Gold & Casinos, Inc, Senior Vice President, Entertainment Division | Current |
| PepsiCo, Inc. | Vice President - | Current |
| PepsiCo, Inc. | Executive | Current |
| Nevada Gold & Casinos, Inc. | Chairman of The Board of Directors | Current |
| Pepsi-Cola North America | Senior Vice President | Former |
| St. John's University | MBA In Marketing | Former |
| St. John's University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Board of Directors | Current |
Mr. White has served as a director since July 2003. From 1983 until his retirement in July 2002, Mr. White was an investment banker. Most recently, from 1996 until July 2002, Mr. White served as a member of the corporate finance department of Wells Fargo Securities. His duties included working on public and private offerings of equity, private placements of equity, merger and acquisitions, and the rendering of fairness opinions. Mr. White's specialties were leisure industry sectors, including casinos, casino suppliers and restaurants. Mr. White received his BS in political science from the University of Utah, and his law degree from Hastings College of the Law in San Francisco. Mr. White has been a member of the Board of Directors of The Cheesecake Factory, Incorporated since 1992.
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Board of Directors | Current |
| The Cheesecake Factory Incorporated | Board of Directors | Current |
| The Cheesecake Factory Incorporated | Director | Former |
| Wells Fargo Securities | Board of Directors | Former |
| University of Utah | BS In Political Science | Former |
| Hastings College | Degree | Former |
| Hastings College of the Law | Degree | Former |
| Wells Fargo Securities | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Nevada Gold & Casinos, Inc. | Director | Current |
| Nevada Gold & Casinos, Inc. | President & CEO, Hunter International Partners, Llc | Former |
| Digitalconsulting | Senior Vice President | Former |
Mr. Sherlock is a hospitality and casino industry veteran of 35 years. From 1997 to 2000 he was Chief Operating Officer and from 2000 to 2006 he was Chief Executive Officer of Foxwoods Resort & Casino in Mashantucket, Connecticut, one of the world's largest casinos. He currently serves as a Board member of Foxwoods Development Company and acts as a gaming consultant. Mr. Sherlock has been President/CEO for the past 15 years in various high profile casino/hotel properties including New York, New York Hotel & Casino, Las Vegas, Nevada, the Flamingo Hilton in Laughlin, Nevada and the Reno Hilton, Reno, Nevada. Mr. Sherlock is a Business Administration graduate of the University of South Carolina.
| Organization | Position | Status |
|---|---|---|
| Foxwoods Development Company, LLC | Board Member | Current |
| Nevada Gold & Casinos, Inc. | Board of Directors | Current |
| Foxwoods Resort Casino | Chief Executive Officer | Former |
| University of South Carolina | Former |
Executive News
-
UWN: Management Comments on Financial Results and Amended Credit Facility
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