Alderney-licensed real-money gaming platform provider CashBet has appointed Dan Edwards as its new vice president of finance, and added former Probability Games chairman Graham Martin to its advisory board.

Edwards most recently worked as an investment banker for Financial Technology Partners and D.A. Davidson, where he successfully closed 13 mergers and acquisitions and capital rise transactions over the past five years.

“I am quite pleased to have landed at CashBet, where I can use my talents and strengths in financing to propel this fast-growing company to the next level,” Edwards said. “This industry is unlike any other and the team that’s being built here is unparalleled.”

His appointment coincides with Martin joining the business as a member of its advisory board. He served as chairman of the mobile-focused operator and supplier Probability Games, until it was acquired by GTECH in an £18m deal in May 2014.

He also founded Scotbet, Scotland’s largest retail betting operator, and worked for Partouche Interactive, the iGaming arm of the French casino operator Groupe Partouche.

“I don’t know of any other early-stage company with quite as strong a team of veteran industry experts as CashBet,” Martin said of his new employer. “My wager is on them to continue to innovate and transform mobile-first real-money gaming.”

CashBet chief executive Mike Reaves said: “As we expand our operations globally, CashBet continues to build a diverse world-class team of professionals with relevant experience and unique skillsets. As the industry evolves from land-based to desktop to mobile-first, we continue to expand the capabilities of the CashBet platform.

"Through our simple on-boarding process to our feature-rich software components, CashBet simplifies the process of successfully launching games into highly-regulated online gambling markets without needing a license.”

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