Lottery.com app to use CashBet Coin (CBC) as method of payment
CashBet, an enterprise iGaming platform provider and crypto-ready turnkey operator has entered into a partnership with Lottery.com, a leading mobile lottery platform, to provide a white label integration of CashBet’s proprietary iGaming platform to power Lottery.com’s social impact raffles. Through large-scale international raffles, Lottery.com intends to raise significant funds for charities and humanitarian efforts around the world.
Central to the agreement, Lottery.com will integrate CashBet Coin, CashBet’s exclusive iGaming cryptocurrency, as a payment method across its sites and apps.
The deal provides Lottery.com with CashBet’s full SaaS toolkit, including a customized e-wallet, marketing automation, and loyalty and bonus activation features. CashBet will also provide a comprehensive back office system including full KYC, executive dashboards, a complete work queue and ticketing system, which enables around the clock help-desk operations, content management, and advanced data analytics and reporting, all of which will streamline Lottery.com operations across both web and mobile.
Founded in 2012, CashBet is the leading mobile-first iGaming platform, supporting over 450 games. As the only crypto-casino platform licensed by the world’s most reputable tier-one gaming jurisdictions, CashBet delivers an iGaming experience that is user-friendly, secure, and compliant across jurisdictions.
“It is always our goal at Lottery.com to advance the industry while maintaining the integrity of the ecosystem as a whole. At the same time, payment processing is changing, and consumers are embracing the convenience of digital lotteries. Our ultimate vision is to create a global platform for lottery, social impact raffles, and other games of chance. With CashBet Coin, we’ll be able to further improve the lottery experience for our customers via instant payouts, transparency, and flexibility, while we move towards international expansion.”
CashBet recently announced it is developing the world’s first complete crypto-ready mobile iGaming platform, powered by its own CashBet Coin cryptocurrency. NOVOMATIC’s digital subsidiary, Greentube, has also committed to accepting CashBet Coin payments across its GameTwist platform. CashBet Coin has been named the official cryptocurrency of Arsenal Football Club.
“We are very pleased to be working with Lottery.com, a true force for social good. Their noble efforts will be backed by our advanced suite of software and back-office tools. Our technology will enhance what Lottery.com already offers its customers and allow them to create a very competitive entertainment experience, for a very good cause. Together, we intend to be a model for socially responsible online gaming.”
Token Sale
The Initial Coin Offering (ICO) to support the CashBet project is in the pre-sale phase and its public token sale period will run from April 10th to April 27th, inclusive.
