MIAMI, FL–(Marketwire – June 22, 2010) –  Caribbean Casino and Gaming Corp (PINKSHEETS: CGAQ) announced today that ESPN has postponed the scheduled Fight Club Boxing Series until August 21, 2010 because of production scheduling problems. CEO Steven Swank is looking forward to the Investor Conference on June 25^th and the Oppliny Fashion Show featuring top models from the Dominican Republic, professional Salsa Dancers and live entertainment on June 26^th, 2010.

Mr. Swank stated, “Occasionally, there are scheduling conflicts with events, however our location is a greatly desired place to hold events. Within a few days we have scheduled and promoted a great fashion show with top models, dancers and live entertainment. It will be here in Sosua Bay Location, and I am happy to offer it to the surrounding areas and our investors.”

Tickets for the fashion show are available for $150RD. The show, followed by live entertainment will be held in Caribbean Casino and Gaming Corp’s After One Night Club adjacent to the casino entrance.

Mr. Swank continued, “The investor conference followed by a great show will offer me the ability to provide investors with a greater understanding of the casino industry throughout the Caribbean and provide for an exciting night for our investors to enjoy.”

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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