SOURCE: Caribbean Casino and Gaming Corp.

March 10, 2011 11:17 ET

Caribbean Casino and Gaming Corp. Gets Huge Attention at Caribbean Gaming Show 2011

MIAMI, FL--(Marketwire - March 10, 2011) - Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ), at San Souci convention center Santo Domingo, Dominican Republic this past March 3rd and 4th, celebrated the Caribbean Gaming Show 2011 (CGS 2011) in which CGAQ and joint venture partner Global Gaming Labs S.A. (GGL) participated and had a demonstration booth, which was the most visited of all the exhibition. In the booth demonstration, discs were given out, and the Gamebase ® prototype was there for people to interact with. Some of the biggest names in the gaming industry attended this event and were very enthusiastic and eager to try out the kiosk. Many of the attendees were particularly interested in the Live Dealer portion of the kiosk. Many companies were interested in placing orders which we should receive in the weeks to come.

For more information on the Gamebase ® please go to the following link: http://www.ggaminglabs.com/products-kiosk.shtml

Mr. Steven Swank, CEO of CGAQ, stated, "It was incredible the amount of attention that the Gamebase ® brought to all the visitors, it quickly became the main attraction of the event." Mr. Swank also stated, "Everywhere we take the Gamebase ® more and more people are interested in it and its potential."

For pictures of the Panama convention and Caribbean Gaming Show 2011:
http://s267.photobucket.com/albums/ii296/vayrus/
http://www.facebook.com/group.php?gid=130413013645240&v=photos&so=0

The first trip winner left this past week and will post there reviews on the company's operation, the local tourism and other aspects of their experience on the 7 day period they were at Sosua, Dominican Republic.

About Caribbean Casino and Gaming Corp.:

Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) is the owner and operator of the Sosua Bay Grand Casino, Afterone Disco, the Luperon Bay and Galactica 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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