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Online Casino Gambling Group Seeking Buyers

Cashcade has recently announced that it will consider either publicly listing on the London AIM in the next year, or, interestingly enough, the company is considering offers of total buy-out. Cashcade has some unique online casino gambling industry related products and services, specifically within niche markets. The Cashcade online casino gambling group owns and runs several bingo, instant win, internet poker, and related gambling sites – the company is truly a jack-of-all-trades type company. These sites are all run through several different software providers – from WagerWorks to Globalcom.

Cashcade founders and management own roughly 32 percent of the company and have noted that a buy-out from an online casino gambling related company would be “synergistic” for the company. If Cashcade goes for listing the company publicly, many in the industry speculate that the company will list for as much as GBP 100 million.

A few of the online casino gambling Web sites owned by Cashcade include: Getminted.com and GetmintedMax.com (these sites are instant games sites), and the FoxyBingo.com site (offering innovative Bingo gaming). And in addition to owning several gambling related Web sites, Cashcade acts as a management company for several other popular online casinos and bingo sites: MailBingo.com, MirrorBingo.com, and MirrorCasino.com. Cashcade also offers marketing services, online e-wallet services, and even has connections within the fast-growing mobile gambling industry.

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