CashBet raised a reported $1.7 million in 2014 to develop a platform that let social and mobile game developers add real-money gambling. The idea was to supply more than game software: a 2014 agreement with Gamzio describes licensing and compliance services, player support, hosting, banking and e-commerce. Those historical documents explain the business model, but do not establish that CashBet operates or holds active licenses today.
What CashBet raised and what the funding was for
GamesBeat reported in 2014 that CashBet raised $1.7 million in angel funding to support a platform for adding real-money gambling to social and mobile games. GamesBeat’s report is the source for that headline figure and characterization.
A 2016 IBIS Capital investment review described the 2014 financing as $1.7 million of convertible preferred funding led by Fred Hsu and a group of angel investors. It said the proceeds would develop CashBet’s real-money eGambling business in Europe, the Middle East and Africa (EMEA), identifying the UK as an important legal online gaming market. That is a later secondary account, not a financing filing.
The available accounts establish a reported amount and broad purpose, but do not independently verify the round’s legal documents, valuation, full investor list or exact closing date.
#1 Best Overall
- System: AMD Ryzen 7 8700F 4.1GHz 8 Cores | AMD B850 Chipset | 16GB DDR5 | 1TB PCIe 4.0 NVMe SSD | Windows 11 Home
- Graphics: NVIDIA GeForce RTX 5060 Ti 8GB Graphics | 1x HDMI | 2x DisplayPort
- Connectivity: 2 x USB-C 3.2 | 4 x USB-A 3.2 | 2 x USB-A 2.0 | 1 x LAN | WiFi 6 | Bluetooth 5.3 | 7.1 Channel Audio
- Tempered Side Case Panel | Custom RGB Lighting | Keyboard and Mouse
- 1 Year Parts & Labor Warranty, Free Lifetime Tech Support
What CashBet’s platform was designed to do
A CashBet–Gamzio services agreement effective April 15, 2014, filed with the U.S. Securities and Exchange Commission, describes the platform as a bundle of software and operational services for real-money games in regulated markets. The named services included:
- Regulatory licensing and compliance support
- Customer service
- Hosting
- Banking and e-commerce services
A related SEC-filed Gamzio release dated April 22, 2014, said Gamzio planned a real-money casino game for the UK Apple App Store. It said the CashBet integration handled licensing, compliance, player verification and secure banking. The release also reported that the Alderney Gambling Control Commission had awarded CashBet Alderney Category 1 and Category 2 eGambling licenses in 2013. These are statements in a historical company release, not confirmation of present licensing or availability.
Rank #2
- CPU: AMD Ryzen7 5700X (up to 4.6GHz) 8-Core 16-Thread to easily handle multi-line tasks
- Main board: MSI B550M-A PRO motherboard provides reliable performance and stability
- GPU: Geforce RTX 5060 8GB GDDR7 Graphics Cards (Brand may vary) Support DLSS 4 multi frame generation, ray tracing, and Reflex 2 delay optimization
- RAM: 32GB DDR4 3200MHz (16GB*2) SSD: 1TB M.2 NVMe PCIe
- Power supply: 650W (80plus bronze) certified for energy efficiency and stable performance
The arrangement illustrates why such a product was not simply an SDK that adds betting features to a game. The agreement required games to comply with applicable laws and undergo compliance testing before launch. It also assigned obligations to both parties. A platform provider could supply important infrastructure, but the contract does not support a general claim that a developer would have no licensing or compliance responsibilities of its own.
What integrating with a platform could mean for a game studio
For a studio considering real-money gaming, the historical CashBet–Gamzio arrangement shows two broad approaches. A studio could build and coordinate the regulated operating layers itself, or integrate with a specialist provider for some of those functions. The contract offers an example of the latter, not a market-wide comparison or proof that outsourcing eliminates a studio’s obligations.
Do these 3 things before closing this tab:
1Fix the driver behind crashes, sound loss and screen glitches2Repair Windows errors before they cause bigger problems3Scan for outdated or missing drivers - takes under a minuteRank #3
- Legend perfected: Modern design with a matte "basalt black" finish in an optimized chassis with customizable AlienFX lighting zones, including the striking stadium lighting.
- Game changing graphics: Step into the future of gaming and creation with the NVIDIA GeForce RTX 5060Ti graphics, powered by NVIDIA Blackwell architecture.
- Marathon gaming unlocked: This high-performance technology ensures clean energy is consistently available, unleashing the top-level power of Intel Core Ultra processor 7 265F as you game, livestream, and multi-task for hours on end.
- Total command: Alienware Command Center software allows you to create and edit AlienFX lighting across the ecosystem, choose and monitor your performance mode across distinct power states, and create custom gaming profiles for your whole library.
- Dell Services: 1 Year Onsite Service provides support when and where you need it. Dell will come to your home, office, or location of choice, if an issue covered by Limited Hardware Warranty cannot be resolved remotely.
| Consideration | Building or coordinating operations directly | Historical CashBet–Gamzio integration |
|---|---|---|
| Licensing and compliance | The studio would need to address applicable requirements for its product and target jurisdiction; the available sources do not specify a universal self-build process. | CashBet’s described services included licensing and compliance, while the agreement also imposed obligations on Gamzio and required legal compliance and pre-launch testing. |
| Player verification | Responsibility and implementation are not specified by the available sources. | The 2014 Gamzio release said CashBet integration handled player verification. |
| Payments and banking | Responsibility and provider arrangements are not specified by the available sources. | The agreement listed banking and e-commerce services; the Gamzio release described secure banking. |
| Hosting and customer support | Responsibility and operating model are not specified by the available sources. | The agreement listed hosting and customer service. |
| Integration and testing | The available sources do not state a standard process or timetable. | The agreement required compliance testing before a game went live. |
| Revenue share and integration fee | Not stated. | The specific 2014 Gamzio contract listed a $10,000 standard integration fee, a 60% first-year revenue share and a 50% floor after the first year. These were terms for that contract, not general CashBet pricing. |
| Entering a jurisdiction | Requirements depend on the jurisdiction; the available sources do not establish a general path. | The Gamzio release described a planned UK launch and reported historical Alderney licenses for CashBet. It does not establish current permission to operate. |
The figures in the final row should not be treated as an estimate of what another studio would pay or share. They are contract-specific terms from one historical relationship.
How CashBet’s stated focus changed by 2018
CashBet later presented itself in connection with crypto-enabled iGaming. In a January 23, 2018 company announcement, it said it intended to seek $40 million through an initial coin offering (ICO). That was a fundraising goal, not a reported amount raised. In a June 19, 2018 company announcement, it said its token sale had raised $38 million.
Rank #4
- AMD Ryzen 9 7900X, NVIDIA GeForce RTX 5070 12GB, 32GB DDR5 RGB 4800MHz 16x2 1TB NVMe SSD, WIFI Ready, Windows 11 Home
- Connectivity: 6 x USB 3.1 | 1x RJ-45 Network Ethernet 10/100/1000 | Audio: On board audio
- Special Add-Ons: Tempered Glass RGB Gaming Case | 802.11AC Wi-Fi Included | 16 Color RGB Lighting Case | Free iBuyPower Gaming Keyboard & RGB Gaming Mouse | No Bloatware | AI Workstation PC ready
In the January announcement, CEO and co-founder Mike Reaves said, “The iGaming marketplace demands more transparency and flexibility, and we’re confident that our crypto solution will deliver a superior player experience.” That was a company-side claim about its proposed solution, not an independent assessment of its performance. The 2018 announcements document what CashBet said at the time; they do not establish a current product, token status or operating business.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the historical record does not establish today
The 2014 reporting, SEC-filed materials and 2018 company announcements are historical evidence. They do not establish CashBet’s 2026 operating status, ownership, active licenses, current geographic reach, products or partner relationships. Anyone assessing a present-day opportunity would need current, authoritative confirmation of those facts rather than relying on old agreements or announcements.
Free tools Windows power users keep installed
One-click scans. No signup required.
Quick Recap
Best Value
- Powerful Processor: AMD Ryzen 5 5600GT 3.6GHz (4.6GHz Turbo) 6-Core 12-Thread processor brings faster response time to easily handle multi-threaded tasks
- Motherboard Specification: MSI A520M-A PRO motherboard provides reliable performance and expandability for your computing needs
- Integrated Graphics: AMD Radeon Vega Graphics (CPU Integration) enables you to play 1080P mainstream games at quality frame rates
- Memory and Storage: 16GB DDR4 3200MHz RAM paired with 1TB M.2 NVMe PCIe SSD for fast multitasking and quick data access
- Power Supply: 550W 80PLUS Bronze certified power supply ensures stable and energy-efficient operation
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
