SOURCE: Caribbean Casino and Gaming Corp.

December 29, 2010 13:00 ET

Caribbean Casino and Gaming Corp. Announces Direct Press Release Distribution to CGAQ Facebook Group Members

MIAMI, FL--(Marketwire - December 29, 2010) - Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) announced today that the company will now distribute press releases and or links directly to the members of its Facebook Group Site. The effort is made to increase partner and future partner awareness of current information in the fastest manner possible. The site also includes video, pictures, discussions, public posts and events.

CEO Steven Swank stated, "I was never a Facebook Member. However, after looking at the capability, efficiency and low cost to distribute information to our premier investors and potential investors, it just makes sense. Further, our members can invite other potential investors to join the group to learn what we are all about."

The CGAQ Facebook Group is open to the public. The company expects it will generate additional revenue from the site, with the help of its members, by inviting players, investors and vacationers alike with special rate promotions and events posted on the site.

Mr. Swank continued, "I would like to give a special thank you to our investor-partner Chadi Hage for working with Tyler to build this site. If we all continue to work together as Chadi did, we will all see the benefits."

To become a member of the CGAQ Facebook Site and receive direct distribution of the latest news, the company asks for you to follow the link below:

http://www.facebook.com/group.php?gid=130413013645240#!/group.php?gid=130413013645240

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.

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