Caribbean Casino and Gaming Corp. Increases Revenue & Operating Hours With Electronic Bingo; Company Forecasts an Additional Twenty Thousand…
SOURCE: Caribbean Casino and Gaming Corp. MIAMI, FL–(Marketwire – September 22, 2010) – Caribbean Casino and Gaming Corp. ( PINKSHEETS : CGAQ ) announced today the addition of their Electronic Bingo System within the Sosua Bay Grand Casino. Each table seats 20 players for touch screen action. The players watch the mounted TV screens as the numbers are pulled. The system has drawn a new base of customers and revenue streams by attracting consumers who are content with bingo and avoided casinos. As the bingo games are played, starting 6 hours previous to the original opening time of 8PM, the slot machines and roulette will be opened with educational seminars and real money play. CEO Steven Swank stated, “We are extremely pleased with the turnout we have had for Bingo. It has opened the doors to a new customer base, increased revenues resulting directly from Bingo and offers many customers their first opportunity to play the slots and roulette.” The addition of Bingo alone is expected to increase revenues by over Twenty Thousand Dollars per month without considering the additional revenues created from slots, roulette, food and beverage sales. Increasing revenues during the Dominican Republic’s slow season is a feat rarely done. Mr