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Exhibit
5.1
October
12, 2010
Board of
Directors
Nevada
Gold & Casinos, Inc
50 Briar
Hollow Lane, Suite 500 West
Houston,
TX 77027
I have
acted as counsel for Nevada Gold & Casinos, Inc. (the “Company”) in
connection with the filing of a Registration Statement on Form S-8 (the
“Registration Statement”) under the Securities Act of 1933, covering 500,000
shares of Common Stock, $0.12 par value, (the “Shares”) of the Company issuable
under the Company’s 2010 Employee Stock Purchase Plan (the “Plan”). I
have reviewed the corporate actions of the Company in connection with this
matter and have examined those documents, corporate records, and other
instruments we deemed necessary for the purposes of this opinion.
Based on
the foregoing, it is my opinion that:
1. The
Company is a corporation validly existing under the laws of the state of Nevada;
and
2. The
Shares have been duly authorized and, when issued pursuant to the Plan and in
accordance with resolutions adopted by the Board of Directors of the Company,
will be legally issued, fully paid and non-assessable.
I hereby
consent to the filing of this opinion as an exhibit to the Registration
Statement.
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Very
truly yours,
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/s/
Ernest E. East
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Ernest
E. East
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