SOURCE: Caribbean Casino and Gaming Corp.

August 08, 2011 11:32 ET

Caribbean Casino and Gaming Corp. Announces Visit to Playboy Mansion to Promote Boxing Event

MIAMI, FL--(Marketwire - Aug 8, 2011) - Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ). Mr. Steven Swank CEO, will be traveling to California on August 27th to attend Friday nights fights at the Playboy Mansion in Los Angeles. Roy Forman will be doing the color commentating, as he will for the fight on October 1st, 2011 in the capital of Dominican Republic. Roy will do a live interview with Mr. Swank to promote that fight, and give awareness, as to our future plans.

Slot parlor is operating with proper permit (please see copy of license). On this matter Mr. Steven Swank, CEO, stated, "If investors have any doubts as to how we operate, I suggest you take a vacation to Dominican Republic and see for yourself." Slot parlor is slowly picking up its revenue, and may be an avenue for expansion in others areas.

The company has also entered into negotiations, and due diligence for the possible acquisition of 4 automobile race tracks in the US. We are in the beginning stages.

The disco at casino continues to bring in solid numbers every month, and we are looking at other locations.

Please make your reservation early for the Oct 1st fight; this will be a world class event.

Link to photos
http://s267.photobucket.com/albums/ii296/vayrus/?action=view&current=LICENCIA.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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