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CashtoCode announces new leadership team and record growth figures

CashtoCode, the instant cash payment service for online merchants, today announced its new leadership team following a hugely successful 12 months. iGaming is a key market for CashtoCode and by offering operators access to a new market sector of customers who prefer cash payments, CashtoCode grew revenues by 500% in 2020. It also added more than 100 new merchants to its platform and can now be used by customers across 150,000 retail locations in Europe (including thousands of Paypoint locations in the UK, as well as gas stations and supermarkets). CashtoCode’s unique approach is its highly controlled, closed loop cash deposit mechanism. The service is designed to make compliance easy for merchants and iGaming operators, and eliminate fraud/money laundering concerns – since its cash deposit codes can only be redeemed by customers verified by the merchant and cannot be transferred between individuals.
The new team consists of three accomplished payments and iGaming professionals, with vast experience building international payment products and navigating complex regulatory landscapes. The objective of the new leadership team will be to continue CashtoCode’s growth trajectory, winning more new merchants, new users, and expanding geographically:
Jens Bader – Chief Executive Officer
Payment industry veteran and entrepreneur. MuchBetter/MIR co-founder, ex-CCO at Secure Trading and paysafecard
Christian Machmeier – Chief Technology Officer
A technology-expert with previous senior roles at Gameforge and Audi
Patrick Lebenbauer – Director of Global Marketing
A marketing leader in the iGaming & payments space with previous leading roles at Tipico & KaFe Rocks.
“CashtoCode offers a second life to cash, which remains hugely popular despite the growth of card, open banking and online payments,” said CashtoCode CEO, Jens Bader. “We enable merchants to target a market sector that they couldn’t reach without an instant cash deposit partner. For example, in iGaming, helping operators capitalise on the growing intersection of iGaming and cash. During the pandemic, many venues and activities that would typically take cash payments were not open, but their customer-base never left. These are people who still prefer to pay by cash wherever possible, for privacy, self-control and security reasons. Many have not switched to online banking, but have instead utilised services like ours to pay with cash for their online activities.”
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WinSpirit Casino Launches Gift Shop

WinSpirit Gift Shop is a thrilling virtual store where players can exchange in-game currency, called coins, for bonuses and real money.
The Gift Shop is already live on WinSpirit, featuring 170+ exclusive items available for purchase.
How it works
Players can start earning coins immediately after registration. With €50 equivalent wagered in bonus or real money, they will receive 1 coin. Additional coins can be obtained through quests and tournaments.
What can be bought in the Gift Shop
- Free Spins
- Real Money
- Cash Bonuses
- Sports Bonuses
- Combo Gifts
Each item has a fixed coin price. Once purchased, rewards appear in the Bonuses section of the player’s profile and need to be activated. Some items can be purchased multiple times.
The Gift Shop opens at the start of each month and closes at the end. All the unused coins expire at the end of each month. New gifts will also be added to the Gift Shop periodicaly, ensuring the experience remains fresh and exciting for players. At the same time a player will be able to again redempt previously claimed gifts, when a new shop opens.
“We’re thrilled to launch the Gift Shop — it’s a feature that gives players even more value from their gameplay. Our players already love the generous bonuses at WinSpirit — and with the Gift Shop, there’s even more to explore and enjoy. In just a few weeks of testing, over 15,000 players have already given it a try!” – says Oleksandr Kotsenko, Business Development Lead at WinSpirit Casino.
WinSpirit is a trusted online casino with a solid reputation across all major review platforms, including AskGamblers (8.9/10), Casino Guru (8.6/10), and Trustpilot (4.6/5). The platform features over 9,999 games, 24/7 customer support via live chat and email, various responsible gambling tools and exclusive promotions available on the website and social media.
The post WinSpirit Casino Launches Gift Shop appeared first on European Gaming Industry News.
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Midnite ramps up brand-building activity with Sky Media partnership

Deal follows World Snooker Championship sponsorship and debut TV advertisement
UK challenger sportsbook and casino Midnite is accelerating its brand-building efforts by entering a partnership with Sky Media.
The agreement will see Midnite promoted via Sky Sports Racing and Sky Sports News.
Midnite will have regular slots throughout each week on Sky Sports Racing, with updates presented by racing broadcaster Tom Lee to provide viewers with an update on markets, odds movers and insights. The first Midnite slot is due to go live on Sky Sports Racing today (April 10).
Midnite will also become a channel sponsor of Sky Sports News in the 11pm to 5am period, starting in May. This agreement will see Midnite’s idents at the start of each show and between commercial breaks during the broadcast.
Midnite, launched in 2018 by Nick Wright and Daniel Qu, has accelerated its “above the line” marketing activity in the past few weeks, launching its first TV advertising campaign and signing a deal to become a partner of the 2025 World Snooker Championships.
Co-founder Wright said: “We’re building a new breed of betting app, one that’s simpler, faster and unlocks more ways to play.
“Partnering with Sky Media is another major step forward in building the Midnite brand. Appearing regularly on Sky Sports Racing and becoming a channel sponsor on Sky Sports News puts us right in front of a passionate and engaged sports audience.
“This is all part of our mission to grow awareness and trust in Midnite through high-impact, premium channels. We’re just getting started and there’s plenty more to come.”
The post Midnite ramps up brand-building activity with Sky Media partnership appeared first on European Gaming Industry News.
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Kendoo strengthens Hold and Win portfolio with Pig Up

The post Kendoo strengthens Hold and Win portfolio with Pig Up appeared first on European Gaming Industry News.
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