Welcome!

News Feed Item

CashBet Launches Real-Money Online Gambling Platform in UK and Announces Plans for US

CashBet today officially launched its real-money online gambling platform in the United Kingdom following permissions granted by the Alderney Gambling Control Commission. The first game to go live on CashBet’s platform will be Casino Island Adventure from leading developer Gamzio, Inc. (OTCQB:GAMZ). Additionally, CashBet is now eligible for a transactional waiver in the state of New Jersey and is actively seeking a New Jersey land-based casino partner to launch its offering this year. The company is in discussions with several Atlantic City casinos for online expansion. CashBet is now widely accepting applications from game developers to launch on its mobile gambling platform.

“Every publisher and developer we speak with is interested in entering the online gaming market, but is concerned about the barriers to entry, such as compliance and security. We’re continuing to build the most trusted platform for mobile gambling, and we have a highly experienced team that deeply understands what 'Real Money Play' is all about. Given our experience and platform offering, we make it easy for developers to focus on making great games while accessing one of the largest growing markets worldwide,” said Dr. Mike Reaves, CEO and co-founder of CashBet.

“CashBet's turn-key platform has allowed Gamzio to quickly expand into the fast-growing mobile casino industry. We are looking forward to launching our first real-money game on the App Store, Casino Island Adventure, using CashBet's eGambling technology,” said Jay Deiboldt, CEO of Gamzio, Inc.

In its continued effort to bring fresh content into real-money gambling markets, CashBet has signed an agreement with the UK company, Reflex Gaming Limited, to bring the company’s fruit machines online for real-money play on mobile devices. Mobile game development studio, Furywing has also signed on to launch with CashBet’s proprietary platform in the UK for access to the growing online gambling market.

“With CashBet’s proprietary platform and our unique gaming content, players will receive an unmatched mobile gambling experience. Keeping our players engaged is one of the key factors for ensuring our success in gaming,” said Quentin Stott, CEO of Reflex Gaming Limited. The UK-based company recently launched the free-to-play version of its Fruit Machines game in the App Store and it has quickly become one of the most successful apps of its category in the UK.

“Expanding our network of differentiated gaming content is a key goal for the company. We’ll continue to bring on leading development studios to achieve this,” said Dr. Reaves.

CashBet’s platform launches in the UK with world-class network and physical security. Partnered with some of the leading vendors in online gambling, CashBet's systems are robust, secure, compliant, and feature aggressive anti-fraud operations, to protect both players and the integrity of CashBet’s partners.

The latest mobile gaming report from Juniper Research reveals there were approximately 63 million unique users of mobile gambling services worldwide in 2013, and foresees 100 million additional users accessing mobile gambling products by 2018. CashBet is focused on building the world’s most trusted brand for mobile gaming while bridging the gap between social and mobile play and online gambling.

To learn more about CashBet and sign up for access to the SDK, visit www.cashbet.com.

About CashBet

Founded in 2012, CashBet is a leading software platform provider and turnkey operator, enabling online gambling for social and mobile games. CashBet is licensed by the Alderney Gambling Control Commission. By incorporating CashBet’s Game Development Kit (GDK) software, developers can tap into the online gambling market, accessing our turnkey platform, which delivers licensing, compliance, player verification, and banking features needed to enable real-money gaming. California-based CashBet is led by veterans of the online gambling industry with expertise in legality and compliance, including CEO and co-founder Dr. Mike Reaves and CTO and co-founder Dr. George Weinberg. For more information, please visit www.cashbet.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The competitive landscape of the global cloud computing market in the healthcare industry is crowded due to the presence of a large number of players. The large number of participants has led to the fragmented nature of the market. Some of the major players operating in the global cloud computing market in the healthcare industry are Cisco Systems Inc., Carestream Health Inc., Carecloud Corp., AGFA Healthcare, IBM Corp., Cleardata Networks, Merge Healthcare Inc., Microsoft Corp., Intel Corp., an...
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, discussed the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filterin...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Early adopters of IoT viewed it mainly as a different term for machine-to-machine connectivity or M2M. This is understandable since a prerequisite for any IoT solution is the ability to collect and aggregate device data, which is most often presented in a dashboard. The problem is that viewing data in a dashboard requires a human to interpret the results and take manual action, which doesn’t scale to the needs of IoT.
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.
"C2M is our digital transformation and IoT platform. We've had C2M on the market for almost three years now and it has a comprehensive set of functionalities that it brings to the market," explained Mahesh Ramu, Vice President, IoT Strategy and Operations at Plasma, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Traditional IT, great for stable systems of record, is struggling to cope with newer, agile systems of engagement requirements coming straight from the business. In his session at 18th Cloud Expo, William Morrish, General Manager of Product Sales at Interoute, outlined ways of exploiting new architectures to enable both systems and building them to support your existing platforms, with an eye for the future. Technologies such as Docker and the hyper-convergence of computing, networking and sto...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...