SOURCE: Caribbean Casino and Gaming Corp.

July 20, 2011 11:56 ET

Caribbean Casino and Gaming Corp. Fight Card

MIAMI, FL--(Marketwire - Jul 20, 2011) - Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) is proud to announce the fight card for the boxing event to be held at the horse track venue. The date of the fight has been changed due availability of the boxers and it will now be held on October 1st. The fight card includes a match for the IBF Latino Jr. Welterweight title and a women's title match, this will be the first title match being held in the Dominican Republic.

These are the confirmed matches and boxers for the event:

Main Event

12 rounds IBF Latino Jr. Welterweight Championship

Joan Guzman ("Little Tyson"), Dominican Republic, Record 30-0-1 (17 ko's), former World Champion 1996 Olympics; considered one of the top 10 fighters in the world

vs.

Armando Robles, Mexico, Record 17-1-1 (9 ko's), Mexican Jr. Welterweight Champion

10 rounds co-feature Welterweight:

Felix Diaz, Dominican Republic, Record 9-0 (6 ko's), Olympic Gold Medal

vs.

DeMarcus "Chop Chop" Corley, Washington, D.C., Record 37-18-1 (22 ko's) former World Champion

World Championship: Female

10 rounds Welterweight

Champion Mikela Lauren, Sweden

vs.

Opponent to be named.

Evgeny Gradovich, Record 10-0-0 (6 ko's)
Danny Netzer, Record 1-0

Dominican's Future Stars:

Lennin Castillo, Light Heavyweight, Record 5-0 (3 ko's)

Alhenny Lopez, Jr. Welterweight, Record 10-0 (3 ko's)

The Sons of Puerta Plata: Carlos Valdez, Record 5-0 (3 ko's); Josue Valdez, Record 4-0 (2 ko's)

Mr. Swank, CEO, stated, "We are proud to announce the fight card for the upcoming boxing event, once again we are bringing to the Dominican Republic a world class event, there has never been a title match held here and we are the first to do so."

This boxing event represents a first in Dominican Republic boxing history, as it will have both a male and female boxing title match. Other aspects of the event are currently being worked on and more progress reports will be posted as events occur.

Due to situation that currently occurring in a repetitive pattern, CGAQ has decided to submit a report to FINRA in regard of the last second sales being made of a low amount of stock at or below the bid to make the stock price close lower. This has been hurting the company and its investors.

Pictures of fighters and Puerto Plata Parlor:
http://s267.photobucket.com/albums/ii296/vayrus/?action=view&current=joan-winner.jpg

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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