Source: Transfer Online, Inc.

Caribbean Casino Gaming Corp. (CGAQ) Presents: Guzman-Castellano Weigh In Streamed Live on GFL.TV at 3PM Eastern, November 17th, 2011

MIAMI, FL--(Marketwire - Nov 17, 2011) - Caribbean Casino Gaming Corp. (PINKSHEETS: CGAQ) Today at 3pm eastern, former three-time world champion undefeated Dominican Superstar Joan Guzman and Florencio Castellano will hit the scales and weigh in for Friday night's much anticipated Jr. Welterweight bout. Boxing fans around the world know that the only thing that has defeated Guzman has been the scale, so there could be high drama in Santo Domingo, Dominican Republic a day before the actual fight.

The bout plus a full undercard featuring Jr. Lightweight Argenis Mendez; a world title bout featuring IBF Jr. Lightweight champion Amanda Serrano, plus Swedish women's sensation Mikeala Lauren will be part of the broadcast that can be seen all over the world on www.gfl.tv

The following link can access the weigh-in for FREE at 3 pm EST - THURSDAY
http://www.gfl.tv/Events/Fight/Boxing/Guzman_vs_Florencio__Weighin/1251

To order Friday night's fight card for just $9.99, access the following Link:
http://www.gfl.tv/Events/Fight/Boxing/Guzman_vs_Florencio__GLOBAL_BROADCAST/1241

About Caribbean Casino and Gaming Corp:
Caribbean Casino and Gaming Corp (PINKSHEETS: CGAQ) is the owner and operator of the Sosua Bay Grand Casino and after one Disco. The corporation is focused on becoming a leader in the Caribbean for gaming and entertainment, including live betting 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 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:
Any questions please contact
Caribbean Casino Gaming Corp.
Investor Relations
info@sousabaycasino.com