Caribbean Casino & Gaming Corporation (OP:CGAQ)

View All Press ReleasesCompany Press Releases on CGAQ

Nov 27, 2009 08:54AM Caribbean Casino and Gaming Corp. Negotiating Worldwide Boxing Event

Nov 11, 2009 01:00PM Caribbean Casino and Gaming Corp. Reports Strong Profits Since Opening

Oct 27, 2009 03:00PM Caribbean Casino and Gaming Corp Successfully Premiers Remote Real-Time Gaming Capabilities

Oct 27, 2009 01:04PM Kenilworth Systems Corporation Remote Roulette Game Broadcasts From Sosua Bay Grand Casino Delayed For TCP/IP Designation For Global Viewing

Oct 26, 2009 12:23PM Caribbean Casino and Gaming Corp Opened as Scheduled, with a "Night to Remember"

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Comments on recent CGAQ articles

Brett
on Oct 16, 2009
at 11:20 PM CGAQ only a winner now New Casino Unveiling CGAQ this is an easy 100 % gain from Toonicestocks http://groups.google.com/group/toonicestocks 'CGAQ' has been on the eyes of many investors, volume can explode at any given time and I think we can JUMP START THIS ENGINE!. Investors will pour back into this pick. MAKE NO MISTAKE, this will rally next week big time, big reason, grand opening of new casino on Oct. 24th, in early Sept, CGAQ jumped from .08 to .295 300%+ in 4-5days, hopefully we see this once more, FLOAT IS 3.5MIL roughly!: DD is outlined below -Financial responsibility in company: "We continue to maintain the project has been within budget, will have no debt upon opening with sufficient operating capital." -O/S only 70,221,000 as of June 30th, 2009 -Float(shares) 3,547,000 as of May 20, 2009. -Ridiculous low low float! This is going to soar again like it did in early Sept, CGAQ jumped from .08 to .295 300%+ in a matter of a few days, I have a very strong feeling it will start a huge rally on Monday -BIG REASON WHY, opening of new casino on Oct. 24th and the "LIVE BETTING DEMONSTRATION at the grand opening. I see the casino generating substantial gains in the near future. -Assets outweigh the liabilities 28 to 1. -With rally we should see 100%+ gainer easily News out that Oct. 15th & great major partnership: MIAMI, Oct 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- Caribbean Casino and Gaming Corp (CGAQ.PK) is pleased to announce the live betting demonstration at the Sosua Bay Grand Casino, opening event. Caribbean Casino and Gaming Corp (CGAQ.PK) and his joint venture partner Kenilworth Systems Corporation, agrees to have a live betting demonstration at the opening events. The team from Kenilworth arrived Wednesday in Sosua, Dominican Republic, to install computers, software and cameras, to be ready for the grand opening. Kenilworth Systems Corporation ("Kenilworth" or "KENS") owns patents in the US and fifty-one other industrialize countries, including China, Japan and Russia. Caribbean Casino and Gaming Corp has a ten year contract with Kenilworth. Steven Swank, Chairman and Chief Executive Officer stated: This will be the first time this system will be shown in the Dominican Republic "Since the development of the Internet, millions of people have chosen to gamble on line and today Internet gambling is offered in many different countries under a variety of licensing and regulatory regimes. It appears there will be a potential annual global market of as much as $500 billion in total Internet wagering in the near future that will greatly benefit Caribbean Casino and Gaming Corp and Kenilworth." Said Herbert Lindo, Chairman and CEO of Kenilworth Systems Corporation. The casino is schedule to open with a VIP party and concert event, Saturday October 24th. Rubby Perez the famous Dominican songwriter and producer will perform that night. More then a thousand people were invited for the event, including many VIP and personalities. -Marketing Blitz: "We are extremely excited about the progress and look forward to sharing an amazing event with our select VIP's and share holders." "The casino is scheduled to open with a VIP party and concert event on Saturday, October 24th and plans and being the premier gaming destination in the area. Rubby Perez, the famous Dominican songwriter and producer, will perform that night. More than a thousand people were invited for the event, including many VIP's and local personalities." -Time is money: "The carpeting has been installed as well as the spectacular lighting system. The table games are being delivered today with the slot machines on schedule for delivery to the Dominican Republic next week. Security cameras are being installed on Sunday." Belief from Executive Management: Steven Swank, Chairman and Chief Executive Officer stated: "We are excited to report that the Sosua Bay Grand Casino is still on schedule for the grand opening event on October 24th, 2009. http://www.prnewswire.com/news-releases/caribbean-casino-and-gaming-c... -Attracting Big Time Investors Recently, the country has attracted large investments from tycoons such as Donald Trump, who is pouring more than $1 billion into resort and residence development on the island. In May, Donald Trump sold a whopping $368 million worth of lots in only 4 hours, part of a gigantic development called Cap Cana on the Dominican Republic's eastern tip. Built in partnership with a Dominican company called the Abrisa Group, Cap Cana will eventually cover 30,000 acres. It will feature luxury hotels, a huge marina with slips for mega-yachts, condos, luxury mansions and several golf courses designed by Jack Nicklaus. The project is cementing the Dominican Republic's entry into the high-end market, while creating thousands of jobs for Dominicans. -More information on Grand opening of Casino: Sosua Bay Grand Casino. Coming Oct 24, 2009. As you enter the casino, you will immediately encounter a large wooden pirate ship and walk over the mote to enter the casino. Dark woods throughout will enhance the pirate theme in all the decorations. The plans call for approximately 71 slot machines; with the majority being in the machine zone located in the front of the casino. The others are to be located in the entertainment/sitting area and planned sports book. The sports area is designed for 9 tables with seating for approximately 60 people. The Sosua Bay Grand Casino includes plans for 6 gaming tables for a combination of poker and blackjack and 2 roulette tables, a Super Keno room, a Texas-Hold-em room, and another separate high- roller blackjack room. The two (2) planned bars within the casino, a kitchen for light food items, executive offices, security room, storage, cage, and secure safe room round out the Casino’s offerings. The Sosua Bay Grand Casino has a secured parking garage planned for underneath the casino. Other attractions located within the building are a 3,000 square foot nightclub featuring 3 levels, and a 12,000 square foot convention center which CGAQ plans to use to attract local and worldwide entertainment to bring traffic into the casino. The Casino building has three (3) floors, with the bottom floor housing the gaming operations, the middle floor housing the convention center and the top floor plans including a high end spa, fitness center, and squash courts. To attract more visitors, Piere’s nightclub in Fort Wayne, Indiana, has expressed an interest in simulcasting its LIVE concerts from their million dollar stage into the casino and convention center. Piere’s is owned by one of CGAQ’s principal officers and is known as “The Midwest’s Largest Nightclub”. Having been ranked number 4 in the world for over 21 concert ticket sales, the nightclub includes a mega-sized dance floor surrounding the main stage where over 1000 National Recording Artists have performed, including the likes of Godsmack, Creed, REO Speedwagon and Willie Nelson. Piere’s has over 65 national concerts per year and entertains over 6,000 people per week. Sosua Bay Resort contains 250 rooms with an average occupancy of 85%. Sosua Bay Resort offers many deluxe amenities, such as a spectacular heated Jacuzzi pool, 2 pools, children's pool, 8 restaurants and bars, and evening entertainment and shows. In addition, the Deluxe Rooms and Suits have a Jacuzzi right on their private terrace for in room relaxation. www.sosuabaygrandcasino.com. www.sosuabayresort.com More Information on Location of Tropics of DR: Santiago, Dominican Republic. CGAQ has been presented a fantastic opportunity in one of the largest cities in the Dominican Republic. There are current negotiations on another location in a brand new 5 star hotel that is yet to open in Santiago, Dominican Republic. This resort has 440 rooms, a 30,000 square foot convention center, an international spa and the casino would be located in a brand new free standing building within the resort with the look of a Vegas-style facility. The casino building is completed and CGAQ is in negotiations to bring another casino license in to operate that facility and build out the interior. This is primed to become one of the most magnificent attractions in the Dominican Republic. Santo Domingo, Dominican Republic. Santo Domingo is the country’s capital city with over 2.5 million residents. CGAQ has been approached with an interest in utilizing CGAQ’s existing Texas Hold-em license to open a 5 table poker room to attract the ever growing card playing individuals in the area. This will allow CGAQ to further explore that area and entertain further opportunities for expansion in this beautiful city and 7th largest city in North America. Digging Deeper: "Since the development of the Internet, millions of people have chosen to gamble on line and today Internet gambling is offered in many different countries under a variety of licensing and regulatory regimes. It appears there will be a potential annual global market of as much as $500 billion in total Internet wagering in the near future that will greatly benefit Caribbean and Kenilworth."
Article: /C O R R E C T I O N from Source -- Caribbean Casino and Gaming Corporations (CGAQ)/

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