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"the premier gaming route operator in the caribbean and latin american region"

our company

caribbean cage, llc (cage) was founded in 2004 for the purpose of bringing a superior video lottery terminal (vlt) system and exciting new game content to targeted caribbean countries with the goal of enhancing local economies and creating local entrepreneurial and employment opportunities. subsequent opportunities have presented themselves in specific latin american countries adding south america to cage's geographic area of interest. cage recognizes the uniqueness of each caribbean and latin american nation and therefore works directly with govemment entities to ensure that cage's presence will work to further the country's economic and public interest pursuits.

"to be the premier gaming route operator in the caribbean and latin american region."

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cage is a us virgin islands registered company, with business licenses allowing operation throughout the region. cage's offices are located in each market where the vlt licenses are held. to date, cage has obtained licenses and/or rights to operate vlt's within the countries of barbados, dominican republic, st. lucia, st. kitts-nevis, guyana and sxm.

cage markets

our executives

the senior management team at cage consists of individuals with extensive experience in traditional online industry. in addition, members of the team have developed and operated large gaming routes which have included video lottery terminals offering games such as video poker, blackjack, keno and slots. the cage management team consists of:

key board members

cage's principals and board of directors is led by a team that has world-class business

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experience particularly focused in the lottery, entertainment and gaming business.

robert b. washington
founder and former chairman & chief executive
officer, leeward islands holdings co. (lilhco).
mr. washington, chairman and ceo of caribbean cage, llc earned his ba in political law science at st. peters college in 1967. in 1967 he decided to become a lawyer and enrolled in howard university�s school of law and in 1970, earned his jd with honors finishing #3 in his class. he then joined the faculty of harvard law school as a teaching fellow and earned an llm while teaching at harvard law school. he returned to washington, d.c. in 1973 where he was offered positions of professor at the howard university law school and counsel to the senate committee on the district columbia.

mr. washington was the staff architect of home rule for d.c. following over 5 years in congress, in 1975 mr. washington was offered the opportunity to enter the private sector as a partner in the danzansky, dickey law firm, one of the most prestigious firms in washington d.c. his performance in this position catapulted bob into several larger firms in washington, first as a partner and then to managing partner of a large national firm with over 800 lawyers.

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mr. washington�s sterling legal career culminated and his meteoric business career began with his decision to start up his own law firm and consulting company, laxalt, washington, perito & dubic, during which time he continued his representation of and consulting with several foreign governments in africa and the caribbean including angola, cameroon, gabon, nigeria, antigua and barbuda and st. kitts and nevis. in 1994, mr. washington was offered an exclusive gaming license by the government of antigua and barbuda to manage and operate the government owned electronic lottery. this initial opportunity catapulted the growth of this operation into 6 other caribbean countries during the next 5 years. lilhco the largest lottery operator in the caribbean was then sold to gtech in 2004.

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following the sale of lilhco, mr. washington started caribbean cage, llc which is a gaming and entertainment company engaged in video lotteries and other forms of gaming in the caribbean and latin america.

mr. washington is an investor in a number of enterprises including one of the owners of the charlotte hornets, nba basketball team.
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robert l. johnson
founder and former chairman & chief executive officer,
black entertainment television (bet) holdings.
robert l. johnson is chairman, chief executive officer and co-founder of rlj. mr. johnson has held longstanding senior roles in the travel and leisure industries, serving on the boards of directors of both hilton and usairways. mr. johnson is the founder and former chief executive office of black entertainment television (now a subsidiary of viacom inc.) ("bet"), a leading african-american operated media and entertainment company in the united states. under mr. johnson's leadership, bet has achieved financial and strategic success, becoming a highly recognized brand within the african-american consumer marketplace. in december 2000, mr. johnson officially launched rlj. in january 2001, he sold privately held bet to viacom inc. for approximately $3 billion. at the same time, mr. johnson formed rlj companies, which includes rlj. under the rlj companies umbrella, mr. johnson owns or holds interests in companies operating in the hotel, real estate, gaming, restaurant, media/entertainment and sports industries.

mr. johnson is also the majority owner of the charlotte hornets, the national basketball association ("nba") franchise in charlotte, north carolina and the charlotte sting of the women's national basketball association ("wnba"). in acquiring the charlotte nba and wnba teams, mr. johnson became the first african-american majority owner of a major professional sports franchise. prior to founding bet in 1979, mr. johnson served as vice president of government relations for the national cable & telecommunications association, a trade association representing more than 1,500 cable television companies.

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mr. johnson recieved a b.a. degree from university of illinois in 1968 and an m.a. degree in international affairs from the woodrow wilson school of public and international affairs at princeton university in 1972. he has been featured on the cover of sports illustrated and was at the top of its list of the "101 most influential minorities in sports." other major awards received by mr. johnson include the 1997 broadcasting & cable magazine's hall of fame award, cablevision magazine's 20/20 vision award (recognizing him as one of the 20 most influential people in the cable industry) and an naacp image award.

strategy

"to be the premier gaming route operator in the caribbean and latin american region."

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by:

?creating an organization/team that can execute a route and technology development strategy for the caribbean and latin american region.

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?leveraging the relationships in the caribbean and latin america to acquire vlt route licenses throughout the region.

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?creating businesses that are focused primarily on the promotion of local businesses with the ability to selectively appeal to tourists.

?empowering local businesses to grow through shared gaming revenues.

?developing or acquiring companies, technologies and capabilities that can leverage the company into other areas, ventures and markets.

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from the mission statement and the detailed points that address the cage business goals, the focus of the strategy is on creating a gaming experience for the locals in a particular market that can be shared secondarily by tourist/visitors. the primary focus of cage�s gaming model is to be a distributed route gaming business with a number of small local based sites comprising the primary source of machine deployment throughout the region.

?problem gamblers are attracted to different forms of gambling for different reasons. some are attracted to the sensory stimulation of video games of chance, while others to the perception of skill in cards or sports betting. still others are drawn to the seemingly easy money of high-risk investments. many, if not most, pathological gamblers indulge in more than one form of gambling. however, studies of pathological gamblers have found that the most frequently cited games of preference are slot machines, card games, and sports betting. a minnesota study of 944 gamblers in treatment found that 37 percent listed slot machines as their preferred game and 37 percent listed cards. lottery games, dice games, and games of skill were each cited by less than 1 percent of those in the study. (stinchfield and winters, 1996)

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?2 million (1%) of u.s. adults are estimated to meet criteria for pathological gambling in a given year. another 4-8 million (2-3%) would be considered problem gamblers; that is, they do not meet the full diagnostic criteria for pathological gambling, but meet one of more of the criteria and are experiencing problems due to their gambling behavior. research also indicates that most adults who choose to gamble are able to do responsibly.

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?approximately 85% of u.s. adults have gambled at least once in their lives; 60% in the past year. some form of legalized gambling is available in 48 states plus the district of columbia. the two without legalized gambling are hawaii and utah.

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?along with research into this area, cage supports and many jurisdictions have established funding mechanisms for responsible play. some examples include setting aside $250,000 or more for problem gaming hotlines with "1-800" numbers for help lines printed on each ticket or gaming devise like a vlt or lottery machine.

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?many lotteries can provide help for compulsive gamblers by helping to finance problem gambling services. from 24-hours help lines to "responsible play" advertising and marketing campaigns, lotteries throughout the world have a history of helping jurisdictions deal with this issue.

example: texas
-state law requires lottery to print a gambling hotline number on the back of all tickets. the toll-free "800" number is established and maintained by the texas commission on alcohol and drug abuse.
-the texas lottery provides $375,000 each fiscal year to the texas commission on alcohol and drug abuse for the purpose of the compulsive gambling hotline.

example: florida
-the florida lottery voluntarily funds a 24-hour, toll free, statewide problem gambling referral service through the florida council on compulsive gambling. additionally, the lottery prints brochures and other materials for the council.

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-a problem gambling brochure has been developed and is being printed in partnership with the florida council on compulsive gambling and will be placed at the lottery�s in-store play stations.
-the florida council on compulsive gambling�s toll free number is posted in lottery retailer locations with the warning that "gambling can be addictive." this number also appears on the lottery�s web site and on "how to play" brochures.
-the lottery suspends radio ads and instead broadcasts reminders to "play responsibly" when the lotto jackpots are high.
-the prevention of underage play is a high priority. advertising is aimed at 25 and older audiences and retailers can be suspended, lose their licenses and be charged with a second-degree misdemeanor.
-an underage play message is included in "how to play" brochures and other game-specific brochures and pos, on the backs of instant and on-line tickets, on-line playslips and on decals at instant ticket vending machines.
-special events and promotions are reviewed to ensure that underage audiences are not targeted.

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-"odds of winning information" is widely available at stores and printed on lottery materials. odds of winning information is also included in our advertising, where possible, and on instant tickets.
-lottery playslips, tickets and pertinent marketing materials now carry the tagline "please play responsibly".

many lotteries around the world address the challenges of problem gambling. studies have shown that lotteries are not a major cause of problem gaming but, as they are state-run, have taken steps to support those players that might have compulsive behavior toward gaming and require some assistance.

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sample of cage�s video lottery games:

?video poker

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?video dominos

?video keno

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?video blackjack

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?video electronic scratch tickets

?video bingo

?video progressives

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?video reels

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what is video lottery?

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?video lottery is an exciting form of entertainment that is providing tremendous revenue generating opportunities worldwide.

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?it is fast becoming a favorite among governmental jurisdictions looking to generate new revenue and players looking for alternative forms of entertainment.

?lottery terminals have been expanded to include a variety of games, linked and audited by a central system.

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?this preference is due to:

-sophisticated security and accountability for government regulators.

-high entertainment value to players.

-niche marketing appeal for lottery and pari-mutuel industry alike.

jurisdictions around the world have enjoyed the benefits of video lottery terminals (vlts)
?revenue for social, educational, economic development and other beneficial government-sponsored projects without raising taxes.

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?control of unlawful machine gambling by licensing, regulating and monitoring machine play, making "gray machines" illegal.

?funds directed to beneficial government programs instead of illegal gaming operations that undercut potential government revenue sources.

?players choose from a variety of games (poker, blackjack, keno, bingo, dominos and video reels, etc.), customized for the jurisdiction, for greater revenue generating potential and customer satisfaction.

?a central computer system continuously monitors the network of video lottery terminals (vlts) and validation equipment to ensure maximum security prompt, accurate revenue collection, usually with electronic funds transfer (eft) weekly, daily, or at any interval your jurisdiction determines.

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corporate governance

at caribbean cage, llc we uphold the highest ethical, moral, and legal standards in business, negotiations, transactions and financial reporting.

cage sets standards of performance and integrity above and beyond expectations, has a strict compliance and corporate governance program to oversee the of our employees and business partners.

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cage's compliance program is designed to prevent, detect, and respond to of law and company policies and procedures. our compliance program the company's commitment to the highest standards of ethics and in business.

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contact the chief compliance officer:

caribbean cage, llc

1-9-7 estate peterborg

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st thomas, us virgin islands

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tel: 340-777-9023

� us outside counsel

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1050 connecticut ave, nw
washington, dc 20036

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phone: 202-857-6042

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fax: 202-857-6395
email: dubin.alan@arentfox.com

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� garth patterson, qc
garth patterson, qc
lex
caribbean
offices in trinidad | barbados | jamaica garth.patterson@bb.lexcaribbean.com

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barbados office | worthing corporate centre, worthing, church bb15008, barbados
pbx: 246-430-3750 | fax: 246-430-3899
www.lexcaribbean.com

suppliers

in the development and deployment of routes throughout the region, cage has established suppliers relationships that provide the technology best suited for the market.

? international gaming technology: terminals, games and systems (www.igt.com)

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? sg scientific games corporation: terminals, games and systems (www.scientificgames.com)

cage products

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cage�s definition of route system operations

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goal:

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empowerment of local businesses (sites) and strong recurring revenues for governments.

part time amazon driverA good understanding of online platforms such as websites and social media.full time remote

site definition:

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local businesses where vlt operations will comprise a secondary revenue source from other services currently being conducted. site qualifications are determined by local requirements.

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examples include:

? bars/taverns, restaurants, grocery stores, convenience stores, gas stations, drug stores, small hotels, seaports, airports.

? typical site sizes for the route for example can vary from 3 to 25 machines.

? exception to size would be areas such as seaports, airports & small hotels.

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? certain markets may require venues to be opened with local operators where the primary revenue source will be from vlts.

� cage barbados, inc.
gary slocombe

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phyllis elliot-benjamin
� general manager
michlette mills
� marketing supervisor
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brian hackett
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lewis tackling
� general manager

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yvonne madramootoo
� agent development & retention officer
christel hyman

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� accountant

caribbean cage, llc

1-9-7 estate peterborg

st thomas, us virgin islands

tel: (340) 777-9023

info@caribbeancage.com

cage st. kitts-nevis, ltd.

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tel: (869) 465-6802

info@cagestkitts.com

cage sxm operating company b. c.

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sparrow road #1 harbor view

unit 3a.

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tel: (721) 542-1771

info@stmaarten.com

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cage puerto rico, inc.

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252 ponce de leon ave.

san juan p.r. 00918

tel: (787) 758-8650

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fax: (787) 758-8729

info@cagepuertorico.com

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unit 101, johnson center

rodney bay

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tel: (758) 458-1062 / 451-6076

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info@cagecyprus.com

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cage barbados, inc.

43-44 warrens industrial park

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tel: (246) 425-0718

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cage dominicana

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sarasota ave., 39

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tel: (809) 537-4375

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cage guyana, inc.

19 middleton street,

campbellville, georgetown,

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tel: (592) 219-2008

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