Nevada Gold & Casinos (NYSEMKT:UWN) (the company brands itself as Nevada Gold Casinos on its website) is an operator of casinos and other gaming operations in Washington State, South Dakota, and Nevada. With a strong management team in place, and an objective to strategically acquire gaming assets at a good price, Nevada Gold has followed a similar path as Full House Resorts (NYSEMKT:FLL) (a company which Nevada Gold's CEO, Michael P. Shaunnessy, was previously CFO).
But despite a portfolio of undervalued assets and a strong management team, the company faces risks to its operating income that may affect valuation, and therefore reduce the potential upside to the current trading price.
Summary of Operations
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