Media Alert: Caribbean Casino Gaming Corp. (CGAQ) Presents: The Return of the Champion, Joan Guzman

MIAMI, FL--(Marketwire - Oct 31, 2011) - Caribbean Casino Gaming Corp. (PINKSHEETS: CGAQ)

WHAT:
Caribbean Casino Gaming Corp. (PINKSHEETS: CGAQ), Jay Boxing and Lucky Seven will host a special press conference announcing the highly anticipated return of the Dominican prize fight winner, Jr. Welterweight champion, Joan Guzman (30-0-1 17 KO's) and his upcoming match against the Colombian light Welterweight, Florencio Castellano (17-4-1 13 KO's).

The Caribbean rumble is set to take place on Friday, November 18^th in the Dominican Republic. Two matches are set for the evening, headlining the main event will be Guzman vs. Castellano and IBF Super Featherweight Argenis Mendez (18-2 9 KOs) against Samir Torres (12-4 9 KOs). The boxing event will air exclusively in the U.S. through ESPN Deportes' "Friday Night Fights" direct from the Jaragua Hotel and Casino in Santo Domingo.

Among the attendee's that afternoon will be Jr. Welterweight Champion, Joan Guzman, Guzman's manager Jose Nunez of Jay Boxing, IBF Super Featherweight-Argenis Mendez, IBF World Champion, Amanda Serrano, Steve Swank, Promoter and CEO of Caribbean Casino Gaming Corp. including top executives of ESPN Deportes and other special guests.

All information on this match will be available after the conference on www.latinoboxing.com. Direct ticket sales for the November 18^th match in the Dominican Republic are available through UEPA at 809-620-8372.

*Please note that email is non-transferrable, to secure attendance you must RSVP to Sofia Alayon at aprmediagroup@msn.com

WHEN:
Thursday, November 3^rd, 2011 at 11:00 a.m. SHARP!

WHERE:
Lucky Seven Tapas Bar
1455 St. Nicholas Avenue
New York, NY 10033
212-740-7777

*Refreshments and Appetizers will be served.

Media RSVP to: Sofia Alayon at 1-347-456-4662 or Aprmediagroup@msn.com

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 after one 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.