SOURCE: Caribbean Casino and Gaming Corp.

September 27, 2011 09:00 ET

Caribbean Casino and Gaming Corp. Announces the Return of the Champion Joan Guzman

MIAMI, FL--(Marketwire - Sep 27, 2011) - Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ). The venue and date have been changed to November 18th to a more upscale location seating 1,200 VIPs with food service and drinks. The new venue will be "El Salon La Fiesta" at the Hotel Jaragua. This new venue will guarantee the event will not be postponed due to weather. The television contracts have been agreed upon in the Dominican Republic and will reach 30 million viewers in the Caribbean. Television coverage in North America to be announced in the next few days.

The fight card for the 18th of November is as follows:

Joan Guzmán vs Armando Robles

Mikaela Lauren vs Osandy Castillo

Félix Díaz vs To be determined

Juan Carlos Payano vs Eliazar Aquino

Carlos Valdez vs Franklin Frías

José Valdez vs Marcelo Silva

Chico Peralta vs Juan Carlos Contreras

Argenis López vs Rudy Velaz

CGAQ is the promoter of the fight which will give the company exposure to millions of viewers with the advertisement for this event on nation and international television. This is poised to be best boxing event in the history of the Dominican Republic.

Please read the following link:
http://www.fightnews.com/Boxing/guzman-return-moved-to-nov-18-96548

The company is currently offering the following packages for people interested in attending this event:

3 days at the Hotel Jaragua (buffet breakfast included) and VIP ticket to the fight for USD$500.00 tax included.

Additional days at the hotel can be purchased for USD$100.00 + Tax.

Link to information of the Hotel Jaragua:

http://www.marriott.com/hotels/travel/sdqgw-renaissance-santo-domingo-jaragua-hotel-and-casino/

If anyone one is interested in visiting Sosua in their trip please contact the casino 1(809)571-4075.

Please mail payments by check by November 1, 2011:

Caribbean Casino and Gaming Corp.
4842 Kilty CT E, Bradenton, FL 34293

Please include contact information for the reservations.

The venue change will not affect any current negotiations; expect news from October 9th to the 18th on this matter.

At the moment major project is moving ahead as rapidly as possible. More information will be posted as events 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 will 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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