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Co-owners Caribbean Casino and Gaming Corp are about to hit the first milestone since the opening of the Sosua Bay Resort and Casino in the Dominican Republic in late October with nearly $1 million in wagers.
The company anticipates reporting positive financials for 2009 to the public in January with at least $250,000 in winnings by the end of the year.
CEO Steven Swank says “This is great progress considering this is a slow time of year in the area. We project this figure to more than double as we just now enter the high tourist season and plan key monthly events in our Event Center. We have positioned the company properly with no debt, limited overhead, and in a prime location in order to maximize our return and become a true landmark for the area.”
In addition to world class gaming and accommodations within its facilities, patrons can also enjoy real time live betting online through its partnership with Kenilworth Systems Corporation from cameras located above the tables within the Sosua Bay Grand Casino.
While U.S. Players can play for entertainment purposes only, within the next 2 months the company expects to begin accepting bets from locations outside the United States, where allowed by law.
By offering online gambling as an alternative to casino gaming to patrons from their homes or hotel rooms, the company will be able to benefit tremendously with the additional revenue stream, as they look into expanding throughout the country.
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