Caribbean CAGE and Hard Rock International Enter Into a Strategic Letter of Intent for Hard Rock Investment Into Caribbean CAGE

Caribbean CAGE and Hard Rock International Enter Into a Strategic Letter of
Intent for Hard Rock Investment Into Caribbean CAGE
Alliance to Strengthen Gaming Opportunities in the Caribbean and Latin America

SAN JUAN, Puerto Rico, Nov. 2 /PRNewswire/ -- Bob Washington, Co-Founder,
Chairman & CEO of Caribbean CAGE LLC, ("CAGE") an RLJ majority-owned company
and Robert L. Johnson, founder and chairman of The RLJ Companies today
announced that CAGE has entered into a letter of intent with Hard Rock
International ("Hard Rock ) regarding Hard Rock investing (subject to certain
closing conditions) in CAGE and providing certain consulting services
necessary for CAGE to expand its gaming and lottery opportunities in the
Caribbean and Latin America. This investment and alliance will allow CAGE to
continue to pursue licenses and management contracts to operate and manage
online lotteries and video lottery terminal systems (VLTs) in the Caribbean
and Latin America.

CAGE, an African-American owned company, is a premiere route gaming company
that focuses on the installation, operation and management of VLTs, linked
gaming systems and game content throughout the Caribbean and Latin America.
Hard Rock, ultimately owned by the Seminole Tribe of Florida, is one of the
most globally recognized music, entertainment, leisure and dining brands in
the world. Together, this alliance joins two minority-owned companies who
share a strong business interest in gaming and entertainment.

"I am very excited to bring CAGE together with Hard Rock for another venture,"
said Bob Johnson, founder and chairman of The RLJ Companies. "Hard Rock has
the most iconic and successful brands in gaming, entertainment, and
hospitality and has a unique entrepreneurial approach to develop gaming venues
around the world. In working with Hard Rock and Jim Allen, Chairman of Hard
Rock International, I am confident that CAGE will generate significant gaming
revenues for the governments in the markets CAGE serves and provide a special
gaming experience for our local customers," he concluded.

"This alliance and investment expands the opportunities that CAGE can pursue
and allows the company to seriously entertain offers by governments in the
Caribbean and Latin America to develop, manage and operate additional gaming
route projects in these communities. We are looking forward to evaluating
future gaming and hotel projects with Hard Rock International outside of this
alliance," stated Bob Washington, Co-Founder, Chairman & CEO of CAGE. "Hard
Rock has unique experiences in South Florida in providing real and sustainable
business opportunities for local businesses to locate within its properties in
Hollywood and Tampa and we are convinced that these experiences will be very
valuable to CAGE in working with local businesses and operators in the
Caribbean and Latin America," Washington concluded.

"We are thrilled to be working with Caribbean CAGE LLC and Bob Johnson, and
this highlights our strong belief in the Caribbean and Latin America gaming
markets, in association with a premier route gaming company in the region,"
said Jim Allen, Chairman, Hard Rock International. "This alliance joins three
great companies together for another venture, and we look forward to the
endless opportunities that this strategic relationship and investment provides
to CAGE and the local governments it serves," Allen stated.

In July 2009, CAGE announced a strategic alliance as an investor in the Hard
Rock Casino at Aqueduct Racetrack in Queens, New York. This project was
proposed by New York-based SL Green Realty Corp. and Hard Rock. The successful
bid is expected to generate more than $525 million annually in revenue to New
York State. It includes a Hard Rock branded casino featuring 4,500 Video
Lottery Terminals (VLT), a Hard Rock Live performance center, a Hard Rock Bar,
iconic music memorabilia from Hard Rock International's unmatched collection,
a VIP players club, retail shops, a 425-seat fresh harvest restaurant and a
marketplace-style food court.

About The RLJ Companies
The RLJ Companies, founded by Robert L. Johnson, owner of the NBA Charlotte
Bobcats and founder of Black Entertainment Television, is a diverse portfolio
of companies in the financial services, asset management, real estate,
hospitality, professional sports, film production, and gaming industries. An
innovative business network, The RLJ Companies seeks to target undiscovered or
underserved markets; then exercise solid management to achieve results. The
RLJ Companies is headquartered in Bethesda, Maryland, with operations in
Charlotte, Los Angeles, Florida, Puerto Rico, and Monrovia, Liberia. For
further information about The RLJ Companies, please visit
www.rljcompanies.com.

The RLJ Companies Media Relations Contact: Traci Otey Blunt, 240.744.7858 or
press@rljcompanies.com

About Caribbean CAGE, LLC
Caribbean CAGE, LLC ("CAGE") is a gaming and lottery company focused on the
design, installation, operation and management of video lottery terminals,
linked gaming systems, online lotteries and game content throughout the
Caribbean and Latin America. CAGE was founded in 2004 by Bob Washington and
Bob Johnson for the purpose of bringing a superior VLT system and exciting,
new game content to targeted Caribbean and Latin America countries with the
goal of enhancing local economies and creating local entrepreneurial and
employment opportunities. CAGE is headquartered in St. Thomas, US Virgin
Islands with offices in Puerto Rico, the Dominican Republic, St. Kitts and
Nevis and Barbados. For further information about CAGE, please visit
www.caribbeancage.com.

Caribbean CAGE Media Contact for Spanish only: Dianne Caban, (787) 758-8650 or
dcaban@cagepuertorico.com

About Hard Rock International
With a total of 157 venues in 53 countries, including 127 cafes and 12
Hotels/Casinos, Hard Rock International is one of the world's most globally
recognized brands. Beginning with an Eric Clapton guitar, Hard Rock owns the
world's greatest collection of music memorabilia, which is displayed at its
locations around the globe. Hard Rock is also known for its collectible
fashion and music-related merchandise, Hard Rock Live performance venues and
an award-winning website. In addition to the two flagship Seminole Hard Rock
Hotels and Casinos in Tampa and Hollywood, Fla., Hard Rock Hotels/Casinos are
located in Las Vegas, Biloxi, Orlando, Chicago, San Diego, Tulsa, Pattaya,
Bali, Macau and Penang. Additional hotel and casino projects have been
announced in; Singapore, scheduled to open in 2010; Atlanta and Panama, both
scheduled to open in 2012; and Hungary, Dubai and Abu Dhabi, scheduled to open
in 2013. Hard Rock International is owned by Seminole Hard Rock
Entertainment, Inc. For further details on Hard Rock Hotels and Casinos, visit
www.hardrockhotels.com. For more information on Hard Rock International,
visit www.hardrock.com.

SOURCE The RLJ Companies

Traci Otey Blunt of The RLJ Companies, +1-240-744-7858,
press@rljcompanies.com