SOURCE: Caribbean Casino and Gaming Corp.

July 11, 2011 12:08 ET

Caribbean Casino and Gaming Corp. Announces That Boxing Legend Will Attend Fight

MIAMI, FL--(Marketwire - Jul 11, 2011) - Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) announces that boxing legend Roberto "Mano de Piedra" Duran has confirmed that he will attend the boxing match to be held on September 10th at horse track venue. Duran will be at the event signing autographs and meeting people. This is just one of many other things this event has planned; more details of the match will be posted once it is confirmed.

On this matter, Mr. Steven Swank, CEO, stated, "The presence of Roberto Duran is of great importance, this is one of the greatest fighters ever and he is eager to be present at this event. We are currently working on all details of the event and we will soon announce the fight card and more details of this grand event."

More progress reports will be posted as they occur.

About Caribbean Casino and Gaming Corp.:

Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) is the owner and operator of the Sosua Bay Grand Casino and Afterone Disco. The corporation is focused on becoming a leader in the Caribbean for gaming and entertainment, including live betting 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 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.

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