Increased deposits with CashBet reported by Reflex Gaming
The figures presented by Reflex gaming are truly amazing. The company revealed that cash deposits increased by over 200% by the second quarter of this year. Reflex Gaming has also informed of an increase in the number of players depositing for the first time. As the company informed, the number of first-time depositors grew by 500% month over month. The great increase is also noticeable in the amount of installs. The company informed that the number of installs increased by 300%.
Reflex Gaming chief executive Quentin Stott said: “Our decision to base our iGaming strategy on the CashBet platform was driven by our need to effectively convert social into real-money players. By working closely with CashBet we are pleased to say that we have achieved this and look forward to even greater future success as we bring more of our popular machine games to the mobile gaming world.”
Mike Reaves, chief executive and co-founder of CashBet, added: “Converting non-paying players into paying depositors is an industry wide challenge, and the install and depositor results that we’re revealing today with Reflex ‘Real Slots’ shows that our platform can achieve social to real-money conversion and our technology can help businesses to exceed typical growth expectations”.
Reflex Gaming is planning to widen the amount of games offered in the application, as well as introduce new and more creative solutions. With bigger lobby and new updates we can expect that the figures presented by CashBet and Reflex Gaming are going to crow even bigger. With this report we can only wait for other operators to launch same solutions and enter the mobile gaming market.
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