Those in the know in the online gaming world have been well aware that Cashcade Ltd. has been moving in the fast track for some time – and now it’s official!

The London based owners of the Foxybingo.com and Getminted.com websites were named in 49th position in the weekend’s fast track table in association with the Sunday Times. The fast track league table rates high tech companies based on their performances over twelve month periods

The acknowledgement by such a renowned group highlights the massive strides the company, which is chaired by Michael Buckley, has made since its foundation seven years ago.

Cashcade Ltd. is one of only three gaming companies to have made the top 50. The others are King.com, which comes in at 20th position, and Gamesys on the 28th place.

With over 300,000 registered users Foxybingo.com has provided the platform for the success of Cashcade with sales jumping from £2.2m in 2004 to £7.6m just two years later.

Now a firmly established brand the likes of glamour girl Jordon fronted the website in the past as the product quickly became well known throughout the UK.

The company also operates gaming websites for third parties such as newspaper publishers including MirrorBingo.com and MirrorCasino.com.

In February 2006 Cashcade Ltd. sold a 20% stake of the company to the newspaper group Independent News and Media for £3.9m.

Also owners of the onlinecasinopress.co.uk website Cashcade further strengthened it’s stake in the online bingo world by purchasing ‘Think Bingo’ and Bingo Scotland’ in July of this year.

Presenting an astonishing sales growth per annum figure of 84.49% it seems the future is incredibly bright for Britain’s fastest growing online gaming company.

Now the plan is to climb further up the fast track ladder, an achievement which looks inevitable given the surge of growth in the last two years.