Exhibit 21
SUBSIDIARIES OF NEVADA GOLD & CASINOS, INC.
| WHOLLY-OWNED SUBSIDIARIES | STATE OF INCORPORATION | |
| CGC Holdings, LLC | Nevada | |
| CGE Assets, Inc. | ||
| (formerly, Colorado Grande Enterprises, Inc.) | Colorado | |
| Gold Mountain Development, LLC | Colorado | |
| Gold River, LLC | Nevada | |
| Nevada Gold BVR, L.L.C. | Nevada | |
| Nevada Gold Management Services, LLC | Texas | |
| NG Washington, LLC | Washington | |
| NG Washington II, LLC | Washington | |
| NG Washington II Holdings, LLC | Delaware | |
| NG Washington III, LLC | Washington | |
| NG Washington IV, LLC | Washington | |
| NG South Dakota , LLC | South Dakota | |
| A.G. Trucano, Son & Grandsons, Inc. | South Dakota | |
| Nevada Gold Speedway, LLC | Nevada | |
| Nevada Gold & Casinos LV, LLC | Nevada | |
| PARTIALLY OWNED SUBSIDIARIES | ||
| Texas City Limits, LLC | Texas |