Click here to close now.




















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
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...