Caribbean Casino and Gaming Corp Announces Quarterly Report Can Be Found on www.OTCMARKETS.com

MIAMI, FL--(Marketwire - May 27, 2010) - Caribbean Casino and Gaming Corp (PINKSHEETS: CGAQ) announced today that the first quarter results of operation can be found at www.OTCMARKETS.com. Recently, the company has found that other internet sites which have posted financial information about the company have posted the information incorrectly or with outdated information.

CEO Steven Swank stated, "It is unfortunate that all the internet sites haven't updated the true financial information about our company as we continue to build, with near unprecedented growth, within the gaming industry and the current economy. We are asking all internet companies to update their sites with our current information to ensure investors understand our course of business. Please refer to www.OTCMARKETS.com for clarification on all the latest updates and filings." 

Caribbean Casino and Gaming Corp continues to encourage investors to make inquiries and comments while it maintains its growth pattern in an effort to keep its operation as transparent as possible to ensure investors' confidence. Mr. Swank continued, "As we focus on building the company, it is our investors who continually help us with their thoughts and comments. Please don't hesitate to contact Tyler Cornell with any thoughts you may have."

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:
Caribbean Casino and Gaming Corp
Tyler Cornell
Investor Relations

631-765-8762