y the second quarter of this year, cash deposits were up by more than 200%, while the number of first-time depositors grew by 500% month-over-month.
The company also said that the amount of installs for the app have increased by 300%.
“Our decision to base our iGaming strategy on the CashBet platform was driven by our need to effectively convert social into real-money players,” Reflex Gaming chief executive Quentin Stott said.
“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.”