Caribbean Casino and Gaming Corp. Fight Club Series Hits the United States on ESPN Deportes Featuring Gold Medal Fights Including Felix Diaz, Jorge Gutierrez and Hector Sanchez

MIAMI, FL--(Marketwire - May 5, 2010) -  Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ), in association with DeCuba Presents, has confirmed ESPN Deportes will be Broadcasting the Sosua Bay Grand Casino's Fight Club Series Round 2, throughout the United States, Puerto Rico and the Dominican Republic. The live broadcast will be held at the Sosua Bay Convention Center on June 26, 2010 and feature Hector Sanchez, Felix Diaz and Jorge Gutierrez.

Round 2 of CGAQ's Fight Club Series promises to be another sell out event at Sosua Bay Grand Casino as it includes additional TV coverage by CDN TV, a national television network in the Dominican Republic. CEO Steven Swank commented, "The combined strengths of CDN and ESPN Deportes International Broadcast, continue to build our brand within the Dominican Republic and abroad. Further, our work with Decuba Presents continues to create a world class entertainment experience within the gaming industry."

CGAQ will hold an investors conference previous to its Fight Club Series on June 25^th, 2010. All investors are welcome. 

For ticket information please contact the Sosua Bay Grand Casino at 809-571-4075. For hotel reservations at the Sosua Bay Resort, please call 809-571-4000.

About Caribbean Casino and Gaming Corp.:

Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) is the owner and operator of the Sosua Bay Grand Casino. The corporation is focused on becoming a leader in the Caribbean for gaming and entertainment to include live betting in its partnership with Kenilworth Systems Corporation from cameras located above tables within the Sosua Bay Grand Casino. Not only will Caribbean Casino and Gaming Corp. offer world class gaming and accommodations within its facilities for those visiting our properties, but also allow patrons to wager (where allowed) from the comfort of their own home or hotel room. The casino is now the centerpiece in the Sosua Bay Resort at Puerto Plata, Dominican Republic, the largest and most populated Caribbean Island.

FORWARD-LOOKING STATEMENT

This report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this report are made as of the date hereof and Caribbean Casino and Gaming Corporation undertakes no obligation to update such statements.

Contact Information:

Contact:
Tyler Cornell
Investor Relations
CGAQ