Caribbean Casino and Gaming Corp. Unveils Live Video Gaming and New Sports Book Internet Site at www.SBCGAMING.com
June 8, 2010, 8:00 am EDT
MIAMI, FL--(Marketwire - 06/08/10) - Caribbean Casino and Gaming Corp. (Pinksheets:CGAQ - News) announced today it has unveiled its Live Gaming and Sports Book Internet Site for public viewing at www.SBCGAMING.com, User Name: Sosuak, Password: Sosuak. It is illegal for US Citizens to participate in any type of online wagering or transfer funds for gambling in any manner including credit cards. However, CGAQ has licenses in place for countries around the world that allow online gambling. CGAQ further announced the site should be ready for its full launch at the end of June and is expected to generate over $250,000 a month in revenue.
CEO Steven Swank stated, "We have reached another milestone for CGAQ in record time. Further, we thank the thousands of play money customers who have tested the site, provided feedback and continued to build our loyal consumer base."
CGAQ affirmed the site was ready to go with live money transactions and is only waiting upon a computer upgrade that will warrant additional traffic to the internet site upon its launch. The equipment is in the delivery process and will only take 10 days to install upon release from customs.
Mr. Swank continued, "The live video gaming has provided consumers from around the world with confidence. They no longer have to wonder if a computer system has a pre-programmed system for profits, as they view and play with customers at the casino in Real Time."
CGAQ went on to mention the evolution of the program has lead to further expansion. Initially set only for Roulette, the service will include games such as:
Pai Gow Poker
Poker Black Jack
Spanish Black Jack
Three Card Poker
Caribbean Stud Poker
The Sports Betting Wagers will commence with:
Boxing
Horse Racing
Football
CGAQ expects to include all sports shortly after the launch of the site. Mr. Swank went further to say, "As we ramp up operations for our second location, continue negotiations with our third location and build up our live video gaming and sports book, we expect to be the leader of gaming within the Caribbean this year, which opens up more doors for further opportunity with lower costs."
