SOURCE: Caribbean Casino and Gaming Corp.
MIAMI, FL–(Marketwire – September 22, 2010) – Caribbean Casino and Gaming Corp. (
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. Swank continued, “Utilizing every asset we have to gain additional revenue and wealth for the company continues to be our goal.”
CGAQ has recently commenced its entry into the international online gaming market with its Live Video Online Gaming. The system offers online players the ability to play alongside customers within the physical casino via non-delayed video broadcast throughout 52 countries (WHERE ALLOWED BY LAW ONLY). The site is located at www.sosuabaygrandcasino.com.
About Caribbean Casino and Gaming Corp:
Caribbean Casino and Gaming Corp (
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:
Caribbean Casino and Gaming Corp.
Tyler Cornell
Investor Relations
[email protected]
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