Caribbean Casino & Gaming Corp. Sets Its 2nd Fight Club Boxing Series to Be Held on June 26, 2010 at Its Sosua Bay Grand Casino Location and Investor Conference at Sosua Bay Resort on June 25, 2010

MIAMI, FL--(Marketwire - April 1, 2010) -  Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ), has confirmed ESPN Deportes will be conducting its second live boxing broadcast of Caribbean Casino & Gaming Corp.'s Fight Club Series. The series will be broadcast from the Event Center in the Sosua Bay Grand Casino. 

The first event featured the stellar performances of Felix Diaz, Hector Sanchez and Giovanni Lorenzo, while providing a standing room only event broadcast internationally on ESPN Deportes. In fact, highlights of the fights were picked up on ESPN's Sports Center across the US.

CEO Steven Swank stated, "The event, promoted by DeCuba Presents, was a huge success and introduced the Sosua Bay Grand Casino to the world, while overflowing the casino and our nightclub, 'After One,' with additional business. We are extremely excited for our Second event on June 26, 2010 and encourage sports fans that could not get tickets last time, to buy tickets in advance. It will be another sold out crowd." 

Caribbean Casino and Gaming Corp., in association with DeCuba Presents, are currently lining up the fight schedule and expect to announce it within 2 weeks. Advance ticket sales will be available on April 2, 2010 at 9:00AM EDT via the casino's VIP line: 809-571-4075.

Mr. Swank continued, "We are pleased to offer advanced ticket sales to our past, existing and potential stockholders first. It offers us the opportunity to offer a great sporting event, answer individual questions and demonstrate the demand behind our business model and gaming experience."

Caribbean Casino and Gaming Corp. will hold an investors conference on June 25^th, 2010. Immediately following the conference, a complimentary dinner with DeCuba Presents and the Boxers will be held at the Sosua Bay Resort.

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