CashBet and Gamzio Deal for Online Gambling

Published Tuesday, February 04, 2014 -
CashBet and Gamzio Deal for Online Gambling

The online gambling industry is worldwide and has created many opportunities from various sectors. Start up firms can rapidly advance to profitable positions utilizing new technologies that enable reliable and safe money transfers and personal information security.

One such company founded in 2012 is CashBet a leading software platform provider and turnkey operator, offering online gambling for social and mobile gamers. Licensed by the Alderney Gambling Control Commission and headquartered in California USA CashBet and its Game Development Kit gives software, developers a platform that is a turnkey solution for licensing, compliance, player verification, and banking features for real-money gaming.

CashBet recently announced it has experienced unprecedented growth in 2013. After new investment the firm has added several new game publishers including publicly-traded Gamzio, Inc.. “We're pleased with the current momentum of partnerships and our product development achievements to date. We’ll continue to focus on expanding the feature set and capabilities of our platform to meet the growing needs of our customers worldwide,” commented Dr. Mike Reaves, CEO and cofounder of CashBet.

CashBet’s proprietary platform enables developers to focus on building great games while easily and legally accessing the online gambling market for increased player monetization and retention.  Jay Deiboldt, CEO of Gamzio, Inc. commented on the announcement,  “CashBet provides game developers a single SDK for access to the most robust online gambling platform,” Deiboldt, continued. “By integrating Gamzio games with CashBet, we're able to tap into the billion-dollar market expected this year, seamlessly. Access to real-money online gambling is a game changer for social and mobile game developers who want to grow their revenues through this channel."

The Alderney Gambling Control Commission recently awarded Category 1 and Category 2 eGambling licenses to CashBet, giving the firm the right to legally register players and conduct online gambling transactions in Europe.


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