CashBet in the News

CASHBET APPOINTS VP OF FINANCE TO ITS EXECUTIVE MANAGEMENT TEAM, KEY INDUSTRY LEADER JOINS ADVISORY BOARD

  • October 6, 2015

Former Financial Technology Partners investment banker joins CashBet as VP of Finance while former Chairman of Probability Games Corporation joins advisory board

OAKLAND, Calif. – October 6, 2015 – CashBet (www.cashbet.com) today announced that Dan Edwards has joined the company as VP of Finance. Previous to CashBet, Edwards worked at Financial Technology Partners of San Francisco and D.A. Davidson as an investment banker, where he successfully closed 13 M&A and capital raise transactions in the last five years. Additionally, CashBet has added Graham Martin to its advisory board. Martin brings many years of experience in European gaming. He previously acted as chairman of Probability Games Corporation, a mobile gaming company recently acquired by GTECH. Martin was the founder of Scotbet, the largest retail Scottish betting company, and he worked with Partouche Interactive, part of Groupe Partouche that operates 46 casinos in Europe.

Dr. Mike Reaves, CEO and co-founder of CashBet, said: “As we expand our operations globally, CashBet continues to build a diverse world-class team of professionals with relevant experience and unique skillsets. As the industry evolves from land-based to desktop to mobile-first, we continue to expand the capabilities of the CashBet platform. Through our simple on-boarding process to our feature-rich software components, CashBet simplifies the process of successfully launching games into highly-regulated online gambling markets without needing a license.”

Edwards said: “I am quite pleased to have landed at CashBet, where I can use my talents and strengths in financing to propel this fast-growing company to the next level. This industry is unlike any other and the team that’s being built here is unparalleled.”

Martin said: “I don’t know of any other early-stage company with quite as strong a team of veteran industry experts as CashBet. My wager is on them to continue to innovate and transform mobile-first real-money gaming.”

To learn more about CashBet, please visit www.cashbet.com.

About CashBet

Founded in 2012, and based in California, CashBet is a leading mobile-first real-money gaming (RMG) platform provider and turnkey operator. CashBet operates on behalf of multiple brands in Europe and licenses its proprietary mobile-first platform to operators worldwide. Some of the most unique, diverse and compelling games are “Powered By CashBet”. By incorporating CashBet’s software, game developers can legally launch online gambling games without needing to be licensed. Through its feature-rich platform, CashBet delivers player segmentation, bonusing, campaign management, and other patent-pending features to enable a profitable real-money gaming operation from day

one. CashBet leaders are veterans of the regulated, online gambling industry with many years of successful operation. CashBet is licensed by the Alderney Gambling Control Commission and the UK Gambling Commission. For more information, please visit www.cashbet.com.

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Press Contacts:

Kate Pietrelli for CashBet 760-518-2633 kate@cashbet.com

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