LOS ANGELES, March 19 /PRNewswire-FirstCall/ -- Carnegie Cooke & Company, Inc. , an authorized provider of gaming services in Brazil, announced today the opening of its newly completed Race Book in Campos, Rio de Janeiro.


"The state-of-the-art wagering center has drawn considerable attention and plaudits," said Mark Goldberg, chief operating and financial officer, who returned this week from Brazil, where he oversaw preparations for the opening of the Campos facility. "As planned, it offers simulcast transmissions of horse races on which patrons could wager."


Carnegie opened the OTB under its contract with the Jockey Club de Campos, Brazil's third largest club, as measured by wagering volume. That agreement, which was announced last October 30, has the two companies working in partnership to modernize and expand operations at the club, and allows Carnegie to install race books at the club and at key locations in the region covered by the club's franchise.


About Carnegie Cooke & Company, Inc.


Carnegie Cooke, with corporate offices in Las Vegas and New York City, is an authorized provider of gaming services in Brazil. It operates a growing network of off-track betting parlors, race books and jockey clubs, and provides simulcast transmissions of international races at those facilities and at tracks.


Safe Harbor Statement


Except for historical information, the matters set forth herein, which are forward-looking statements, involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, the expenses associated with implementing the Company's planned gaming operations, the potential shortfall on actual estimates, the possible failure of the Company to establish a presence in the highly competitive environment within the Brazilian and South American gaming industry, the necessity that the Company's products achieve market acceptance, and the Company's ability to successfully implement all of the technical and economic aspects of its proposed operations.


CONTACT: Jay Goldberg, President and CEO, +1-702-796-1212, or Mark Goldberg, COO & CFO, +1-718-810-3416, or cgkybrazil@aol.com, both of Carnegie Cooke & Company, Inc.


Source: Carnegie Cooke & Company, Inc.

CONTACT: Jay Goldberg, President and CEO, +1-702-796-1212, or
Mark Goldberg, COO & CFO, +1-718-810-3416, or cgkybrazil@aol.com, both of
Carnegie Cooke & Company, Inc.