Turquoise Development Announces Grand Opening of The Players Club on December 10th


PROVIDENCIALES, Turks and Caicos Islands, Dec. 6, 2006 (PRIME NEWSWIRE) -- Turquoise Development, Inc. (Pink Sheets:TQDC) announced that The Players Club, Providenciales' newest entertainment destination, is opening its doors to the public on Sunday, December 10, 2006.

The Players Club is a joint venture between The Game International and Carib Gaming Ltd. and Turquoise Development owns a 25% stake in Carib Gaming. It is recognized that despite its natural beauty, Providenciales currently offers little in the way of night-time entertainment. The Game International and Carib Gaming feel that a sophisticated gaming parlor will prove a strong entertainment draw for both visitors and residents of the Turks & Caicos Islands.

Providing this unique nightlife setting in Providenciales, The Players Club will have 100 gaming machines, including the brand new multi-player Roulette, Blackjack, and Poker games in a comfortable air conditioned environment. These new games provide the look and feel of table games with the benefit of digital monitoring. And for the first time in Provo, the Players Club will provide progressive jackpots. Located at the Queen Angel Resort in Turtle Cove, The Players Club will offer an exciting gaming experience. Operating hours will be from 4p.m.-2a.m. Sunday through Thursday and 4p.m.-4 a.m. Friday and Saturday.

"Our mission is to provide a first class player experience -- our commitment to quality, excellence and customer service will be second to none in the Turks & Caicos Islands," said Mr. Rhynie Campbell, president of The Game.

"Carib Gaming has been a longstanding business in the Turks and Caicos Islands, we are committed to making the Players Club a successful venture and bringing a new gaming experience to the community," added Jack Tatum, vice president of operations for Carib Gaming.

The Game International TCI Limited

The Game International TCI Limited was formed with the intention of promoting organized professional poker in regions around the world unexposed to the sport, while also contributing significantly to the local economies. The Game International recently hosted its first ever organized professional poker tournament; The Johnny Chan TCI Invitational, in Providenciales, Turks & Caicos Islands. During the week long event The Game exposed players and visitors alike to a professional poker environment surrounded by the natural beauty and luxurious setting of the islands, creating a one of a kind experience, contributing significantly to the local economy and tourism industry.

Carib Gaming, Ltd. Carib Gaming has been an established gaming company in the Turks and Caicos Islands for more than 19 years. The company prides itself on bringing the latest technologies to the gaming community. Currently providing gaming entertainment in the following locations: 4 K's, Angels/2005, Bambooz, Banana Boat, Bonnies, Cameos, Danny Buoy's, Dolphins, Elite, Hole in the Wall, Indian Plaza, MJ's, Road Runner, Sharkbite, Smokey's, Spices, Three Queens, Caribbean Cafe, Cedar Lodge, Where it's At, Hey Jose's and Rolling Pin.

This news release contains forward-looking statements regarding Turquoise's business strategies and future plans of operations. Forward-looking statements involve known and unknown risk and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and Turquoise disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Turquoise's expectations or future events.



            

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