Caribbean Gaming Announces Opening of 2nd Casino in the Dominican Republic

MIAMI, May 18, 2009 (GLOBE NEWSWIRE) -- Caribbean Casino and Gaming Corporation
(Pink Sheets:CGAQ), today is pleased to announce the Grand Opening of our wholly
owned subsidiary, the new Sosua Bay Grand Casino.

Our beautiful luxury casino is set to open August 1st 2009. The Sosua Bay Hotel
and Casino is complete with a top notch casino, world class gym and spa, state
of the art convention center and full scale discotheque. This casino represents
a totally new building just a stones throw from the lobby of a beautiful 250
room luxury hotel. We plan to supply our guests with all the amenities of a
large scale casino hotel and the beauty of the Caribbean.

President and CEO Steven Swank commented, "It goes without saying this is a very
exciting time for CGAQ. We have constructed what I believe will be one of the
nicest casinos in the Caribbean. The grand ball room will host international
superstars for your entertainment. We have large scale plans that we feel will
immediately put our casino on the map, I look forward to informing investors as
further events unfold."

For more information on our projects we encourage investors to visit our company
site at http://www.caribbeangamingcorp.com. We also encourage investors to visit
our casino / hotel site at http://www.sosuabaygrandcasino.com.

Safe Harbor Disclosure:

This press release includes "forward-looking statements" within the meaning of
the federal securities laws, commonly identified by such terms as "believes,"
"looking ahead," "anticipates," "estimates" and other terms with similar
meaning. Although the Company believes that the assumptions upon which its
forward-looking statements are based are reasonable, it can give no assurance
that these assumptions will prove to be correct. Important factors that could
cause actual results to differ materially from the Company's projections and
expectations are disclosed in the Company's filings with the Securities and
Exchange Commission. All forward-looking statements in this press release are
expressly qualified by such cautionary statements and by reference to the
underlying assumptions.

For more information or investor questions, contact Nicky Coachman at
305-573-0821 or visit our website at www.caribbeangamingcorp.com

This news release was distributed by GlobeNewswire, www.globenewswire.com

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CONTACT: Caribbean Casino and Gaming
305-573-0821