InvestorsHub Logo
Followers 3
Posts 140
Boards Moderated 0
Alias Born 09/02/2009

Re: None

Friday, 12/11/2009 12:41:52 PM

Friday, December 11, 2009 12:41:52 PM

Post# of 48320
PR is out

Dominican Republic Grants Caribbean Casino and Gaming Corp the Sole License for Real Time Online Betting
47 minutes ago - Globenewswire

Related Companies
Symbol Last %Chg
CGAQ 0.145 15.08%

As of 12:33 PM ET 12/11/09
Caribbean Casino and Gaming Corp. (Pink Sheets:CGAQ), has been awarded the sole license to conduct real-time online betting by the Casino Commission of the Dominican Republic.

This license will allow Caribbean Casino and Gaming Corp to operate real-time betting under the jurisdiction of the Dominican Republic from its tables within the Sosua Bay Grand Casino, and any future location, for any games it operates including; but not limited to, Roulette, Black Jack, and Poker. This is the only license of its kind that has been issued by the Dominican Republic.

Steven Swank, CEO, states: "We are pleased that the Dominican Republic understood our vision and is allowing us to move forward with our online real-time betting system in partnership with Kenilworth Systems Corporation. This is a tremendous step forward for us to open up our business internationally."

About Caribbean Casino and Gaming Corp:

Caribbean Casino and Gaming Corp (Pink Sheets: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.

Posted by: RLeo In reply to: cosmicschool

"Investors... should try to be fearful when others are greedy and greedy when others are fearful."
- Warren Buffett