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Carib Gaming Opening New Facility


Turquoise Development, Inc. (Pink Sheets:TQDC) announced that Carib Gaming, the largest gaming operator on the Turks and Caicos Islands, is slated to open its new casino-style slot parlor on December 8, 2006. Turquoise Development owns a 25% stake in Carib Gaming.
 
Carib Gaming will now offer casino style games such as Black Jack, Roulette and Poker as well as traditional slot machines, as it currently offers in 23 locations on the Turks and Caicos Islands. "This new and unique entertainment is just what is needed in this fast growing tourist destination. We strongly feel that this expansion will be a driver towards further revenue growth," remarked Turquoise president Jason Gin.

This news release contains forward-looking statements regarding Turquoise's business strategies and future plans of operations. Forward-looking statements involve known and unknown risk and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulato

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Gambling FAQs 

What is gambling?

Most casino night activities are generally considered illegal gambling. Illegal types of gambling include activities where participants pay to play for the chance of winning something of value in games such as blackjack, dice, roulette or poker. The possession or use of gambling devices used in these activities, such as roulette wheels and slot machines, is illegal. What about games of skill? If the activity is a game of skill, then criminal penalties don't apply to the participants. Skill activities might include darts, bowling and pool tournaments. However, “casino nights” do not usually include activities based on the outcome of a player's skill, but rather the luck of the draw or some other chance event.
 Gambling Topics

- Low Limit Roulette

- Triple Draw Poker

- Charity Poker Laws

- Ladies' No Limit Poker
 
 Daily Term

European Wheel

Definition:The European wheel is similar to the regular roulette wheel except there is no 00, which makes the odds of winning better.

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