ESPN Takes Caribbean Casino and Gaming Corp.’s Fight Club Series Around the World to 18 Countries

SOURCE: Caribbean Casino and Gaming Corp.

MIAMI, FL–(Marketwire – August 13, 2010) –  Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ), in association with ESPN Deportes, DeCuba Presents, and R. Paniagua has confirmed today that the Fight Club Series Round 2 will be broadcast to 18 countries worldwide. The boxing series headlines Felix Diaz, Hector Sanchez, Juan Carlos, Juan Carlos Rosario, Claudio Marrero and CGAQ’s own newly signed boxers, the Brothers Valdez. The broadcast also includes countries that CGAQ and Kenilworth Systems have licenses for their live video online gaming. The broadcast will be made the same day their live video gaming is launched. ESPN Deportes will broadcast the event throughout:

CEO Steven Swank stated, “This is the perfect addition to the launch of our Live Video Online Gaming. We are proud that due to our work the sponsors have been able to bring the level of boxing in the Dominican Republic so far, so fast, while having our own fighters make their professional debut.”

The event will be held at the Polideportivo Fabio R. Gonzalez Sports Center in Puerto Plata. The larger location seats an additional 5,000 boxing fans. After the sold out crowd at the casino’s main convention center for the first Fight Club Series, CGAQ’s boxing event was moved to the larger location. Further, the venue has offered the opportunity to be sponsored by the Dominican Board of Tourism and numerous other companies.

Tickets prices will range up to $100 US as live entertainment and concession sales are made in between each fight. We invite all investors to contact us about our Investor VIP Tickets which will include rooms at the Sosua Bay Resort. For ticket information please contact the Sosua Bay Grand Casino at 809-571-4075.

Highlights and pictures of the first Fight Club Series can be found at the CGAQ Facebook site.

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.

Contact:
Tyler Cornell
Investor Relations
CGAQ
[email protected]

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