iGaming Business – Software platform provider and eGambling specialist CashBet has launched its real-money online gambling platform in the UK and has announced plans to expand its services in the US market. The CashBet platform was granted permission to launch in the UK after receiving approval from the Alderney Gambling Control Commission. The first game to go live on the CashBet platform will be ‘Casino Island Adventure’ from social casino gambling company Gamzio Mobile, following an earlier agreement between the two companies. To further boost its UK presence, CashBet has struck a deal with gaming company Reflex Gaming to bring…

Venture Beat – CashBet has raised $1.7 million in angel funding for a platform that enables developers to build real-money gambling into their social and mobile games. The company aims to run a business that will allow more companies to bridge the game between the multibillion-dollar markets of mobile games and online gambling. The Oakland, Calif.-based company received the money from FWH Holdings and private investors, and it will use it to develop its online gambling platform. CashBet can do this because the Alderney Gambling Control Commission in the British Channel Islands awarded online gambling licenses to CashBet, allowing it to register…