FOR IMMEDIATE RELEASE
May 31 , 2007

RLJ Announces Its Gaming Division, Caribbean Cage LLC, Has Been Awarded a Long Term VLT Management & Equipment Agreement in Barbados

Bethesda, MD (May 31, 2007) – Today, CAGE Barbados Inc., a wholly owned subsidiary of Caribbean CAGE LLC, a division of The RLJ Companies, announced that it has been awarded a long-term management agreement for the installation and management of up to 2500 video lottery terminals (“VLTs”) on Barbados.  This management agreement will allow CAGE to operate the connected and linked VLTs that will be installed over a three-year roll out period.

“This long term management agreement is an integral step towards fulfilling our strategy of a significant presence throughout the Caribbean and Latin America,” noted Bob Washington, Chairman,  CEO and Co-Founder of Caribbean CAGE LLC.

An official spokesperson from the BCA stated that “the Barbados Cricket Association looks forward to a long and successful relationship with Cage Barbados Inc., in the operation of video lottery games in Barbados, which the BCA hopes will redound to the benefit of both the BCA and its partners.”

“We are pleased to enter into a business relationship with Barbados.  Our ability to drive returns is good for Barbados and good for CAGE,” stated Bob Johnson, Chairman of The RLJ Companies.

CAGE currently operates VLTs in the Turks and Caicos Islands and St. Kitts.  CAGE, headquartered in Puerto Rico, is well positioned to take advantage of the VLT market in the Caribbean to generate superior returns.

CAGE anticipates beginning operations in Barbados by the 4th quarter of 2007.

About The RLJ Companies
The RLJ Companies (“RLJ”), founded by Robert L. Johnson, founder of Black Entertainment Television, provides strategic investment and direction in and for a diverse portfolio of companies in the financial services, real estate, hospitality/restaurant, professional sports, film production, gaming and recording industries.

About  Caribbean CAGE LLC
Caribbean CAGE LLC is a gaming company focused on the installation, operation and management of video lottery terminals, linked gaming systems and game content in both venues and distributive systems (Routes) throughout the Caribbean and Latin America.  Caribbean CAGE LLC has offices in Las Vegas, Nevada and San Juan, Puerto Rico.  CAGE currently operates venues in Turks and Caicos and St. Kitts.

 
       
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