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MIAMI, Sept 28, 2009 /PRNewswire-FirstCall via COMTEX/ --
Kenilworth Systems Corporation ("Kenilworth" or "KENS") send a congratulations letter -below- to Steven Swank, the CEO of Caribbean Casino and Gaming Corp (CGAQ.PK).
Kenilworth Systems Corporation owns patents in the US and fifty-one other countries including China, Japan and Russia which presently offer gaming in more than 2,000 licensed regulated casinos.
September 24, 2009
Steven Swank, Chairman and CEO
Caribbean Casino and Gaming Corporation
Sosua Bay Grand Casino
Dominican Republic
Dear Mr. Swank:
Congratulations to Caribbean Casino and Gaming Corporation ("Caribbean" or "CGAQ") for the Dominican Republic Grand Opening of the NEW Sosua Bay Grand Casino and Hotel on October 24, 2009. An event that will feature among many notable events, the first International demonstration of live, in-progress casino table games that may be viewed and later wagered on from remote locations from most anywhere in the world, pursuant to Kenilworth Systems Corporation ("Kenilworth" or "KENS") Test Simulcast Agreement between Caribbean and Kenilworth. Kenilworth owns the gaming patents filed in fifty-one (51) industrial countries for Remote Live casino table game wagering that contractually involves Caribbean for ten (10) years.
The live, in-progress Roulette game action taking place at the Sosua Bay Grand Casino provides the excitement and entertainment of actually being at the casino playing at the Roulette table from almost anywhere.
"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."
Sincerely,
KENILWORTH SYSTEMS CORPORATION
(signed)
Herbert Lindo, Chairman and CEO
FORWARD LOOKING STATEMENT
This report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this report are made as of the date hereof and Caribbean Casino and Gaming Corporation undertakes no obligation to update such statements.
SOURCE Caribbean Casino and Gaming Corporations (CGAQ)
Tags: caribbean ceo china dominican republic entertainment gambling hotel industrial internet japan market russia securities
Companies: Caribbean Casino & Gaming Corp (CGAQ), Kenilworth Systems Corp. (KENS)
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