CashBet raises $38 million for world’s first complete crypto-ready mobile iGaming platform

Participants in over 100 countries contribute to CashBet Coin’s successful token sale 

ALDERNEY, CHANNEL ISLANDS — JUNE 20, 2018 —  Leading mobile-first iGaming platform provider CashBet today announced the successful completion of its token sale, raising $38 million to develop the world’s first complete crypto-ready mobile iGaming platform, becoming the largest iGaming ICO project ever. Participants from over 100 countries took part in the ICO, helping CashBet Coin reach its hard cap of 142,975,000 tokens. Token distribution is currently underway and will continue through the end of June. CashBet Coin’s partners include Arsenal Football Club, Lottery.com, Greentube, and Imperial Play. CashBet Coin is now listed on Bittrex as CBC.

“The success of the CashBet Coin token sale demonstrates a clear need for compliant, user-friendly iGaming solutions,” said Mike Reaves, CEO and Co-Founder of CashBet. “We look forward to continuing to build the CashBet community and deliver on our roadmap to develop the world’s first complete crypto-ready mobile iGaming platform.”

In business since 2012, CashBet supports more than 450 games on its platform. As the only crypto-casino platform licensed by the world’s most reputable tier-1 gaming jurisdictions, CashBet delivers an iGaming experience that is legal, safe, and profitable.  CashBet is the first and only vertically integrated iGaming solution to leverage blockchain technology for transparent operations, increased speed, and lower transaction fees.