Caribbean Casino and Gaming Corp. Announces the Winners of the "All Inclusive Vacation and Evaluation" Contest

MIAMI, FL--(Marketwire - January 20, 2011) - Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) -- CGAQ announced the winners of its Shareholder Vacation and Evaluation Contest. Per the latest press release regarding the contest, CGAQ offered 5 All Inclusive Vacations to shareholders interested in evaluating the progress of the company from a shareholders point of view to increase efficiency in reporting to shareholders while management continues to focus on the core business. 

CGAQ and CEO Steven Swank congratulate the following winners of the "All Inclusive Vacation And Evaluation Contest*":

1. Steven Brown
2. Jurgen Lepla
3. Dennis Bassett
4. Carol Chilton Melly
5. Terril Young

With a special bonus package going to Greedo2287@yahoo.com. 

All winners must register their full names and their guest's names. Along with their address, phone number, email address and proof of current CGAQ shareholder positions, winners can contact Roberto Cabrera via email at the following address: r_cabrera_1999@yahoo.com. 

The vacation package will be available for one year. The dates are completely up to the winner. No blackout dates will apply. Winners may choose one of the current CGAQ acquisition locations which include the Sosua Bay Location or the New Casino Luperon Location. 

CEO Steven Swank Stated, "This was fun. We awarded shareholders while also gaining testimonials for concerned shareholders to minimize our hours and efforts in explaining what we make happen here in the Caribbean. I want to thank you all for your thoughts, responses and partnership in CGAQ." 

*The prize cannot be transferred, sold or exchanged but is valid for one year from January 20^th, 2011. As a result of having an international shareholder base, CGAQ could not forecast the airfare cost of the random winners and therefore requires each winner to provide themselves and their guest with airline tickets. Guests will be required to evaluate the CGAQ establishment and provide a testimonial as to the progress CGAQ has made.

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 Information:

Contact:
Tyler Cornell
Investor Relations
CGAQ
emergingmarkets3@yahoo.com