MIAMI, FL--(Marketwire - Jan 24, 2012) - Caribbean Casino Gaming Corp. (PINKSHEETS: CGAQ) ("the Company") is pleased to announce that its "GameBase" Gambling Kiosk Interface will be available for test drives at the ICE Gaming Convention in London beginning today through January 26, 2012. Customers will be able to play games and place bets on the touch screen system at Booth #5021. The Company's joint venture partner, Global Gaming Labs, will be demonstrating the software that the Company uses in its GameBase Kiosks. They will gladly explain the tremendous features and low cost benefits of owning a GameBase Kiosk. Booth #5021 can be found here: http://www.showplans.com/totallyice2012/

"We are thrilled to be represented by GGL," said CEO Steven Swank. "We are grateful to them for showing customers how the interface would work in our machines. Once the customers recognize the quality of GGL's software and service, they will be able to order the hardware from us."

The Kiosk will provide customers with a customizable interface allowing the choice of any or all sports betting, live dealer casino, slots and horse wagering. The consoles themselves can be customized to suit any décor using a wide range of colors and designs.

"Our Kiosks have ten times the features of other gambling kiosks that cost as much as $15,000," stated Swank, adding, "We are very proud to be able to offer these units for only $5,995."

The Kiosks will be available for sale, lease and/or revenue sharing. The Company will work with customers to find a purchase plan that fits the customer's business model.

Pictures of the GameBase Kiosk can be seen here:

http://bit.ly/AA6Bb8

"We signed a joint venture agreement with GGL," concluded Swank, "because we knew their software and service is the best in the business. And our GameBase Kiosks are built to equal that level of excellence."

ABOUT CARIBBEAN CASINO AND GAMING CORP.:

Caribbean Casino and Gaming Corp. 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 will 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.