Caribbean Casino and Gaming Corporation Announce a live betting demonstration at grand opening
Sunday, 18 October 2009
Caribbean Casino and Gaming Corp (CGAQ.PK) is pleased to announce the live betting demonstration at the Sosua Bay Grand Casino, opening event.

Caribbean Casino and Gaming Corp (CGAQ.PK) and his joint venture partner Kenilworth Systems Corporation, agrees to have a live betting demonstration at the opening events. The team from Kenilworth arrived Wednesday in Sosua, Dominican Republic, to install computers, software and cameras, to be ready for the grand opening.

Kenilworth Systems Corporation ("Kenilworth" or "KENS") owns patents in the US and fifty-one other industrialize countries, including China, Japan and Russia. Caribbean Casino and Gaming Corp has a ten year contract with Kenilworth.

Steven Swank, Chairman and Chief Executive Officer stated: This will be the first time this system will be shown in the Dominican Republic

"Since the development of the Internet, millions of people have chosen to gamble on line and today Internet gambling is offered in many different countries under a variety of licensing and regulatory regimes. It appears there will be a potential annual global market of as much as $500 billion in total Internet wagering in the near future that will greatly benefit Caribbean Casino and Gaming Corp and Kenilworth." Said Herbert Lindo, Chairman and CEO of Kenilworth Systems Corporation.

The casino is schedule to open with a VIP party and concert event, Saturday October 24th. Rubby Perez the famous Dominican songwriter and producer will perform that night. More then a thousand people were invited for the event, including many VIP and personalities.

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.

Source: Caribbean Casino and Gaming Corporations (CGAQ)