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BioTech/Health in Dental/Medical
Miami (US East)
Ergonomics Meets Innovation: Medical Illumination Device

Internet/B2C in Collaboration
Munich, Germany (Europe)
Meetings With Results!

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Showcase Pitch

This is a featured company in TheFunded.com Showcase. Members can vote for this company, and, once a quarter, companies with the most votes get invited to an exciting event where they present in front of leading peers, investors, and media in Silicon Valley. Members can also introduce this company to investors they know, as well as provide feedback on the pitch. Enjoy!

1
Vote

CashBet

Business Overview:

Games/Entertainment in gambling Sector

Located in Oakland, US West

CEO is Mike Reaves

Pre-revenue

Offering In Development, < 10 Employees

Pitch:

1 Vote

OVERVIEW: Social and Mobile game developers see $2-$5 LTV from their players and face a high level of competition. CashBet provides "drop-in" access to real-money gambling markets where the LTV is $1500-$1800. Players have better games. Developers make more. 2012 online gambling worldwide: $36B 2014 online gambling worldwide (est): $41B 2018 US online gambling market (est): $10B Compare this to the $6B 2012 social/mobile game development market. CashBet is the third online gambling platform that the founders have worked on. The others have been deployed successfully in European markets. We understand the online gambling market, are US-based, and have features the competition lacks. Team: 5 FTEs and several contractors, worldwide. Product: 2 demo games integrated and deployed to AWS. SDK: HTML5 done. Android & iOS, post-funding. Customers: 2 signed deals. 12 more in pipeline. Advisors: rockstars in gaming &online gambling.

http://www.cashbet.com (contact CEO for password)

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