After it secured its online gaming licence in the Isle of Man, Canadian esports and iGaming group Intema Solutions was able to complete the acquisition of Livestream Gaming, parent company of esports betting brand, the Loot.Bet.
Laurent Benezra, President & Chief Executive of Intema, said: “This is a great day for Intema as Loot.Bet is an important steppingstone for us in the esports and iGaming sectors. I would like to thank our shareholders, investors, employees and stakeholders for their overwhelming support and patience in closing this game-changing acquisition.
“In our view, Loot.Bet’s online gaming platform is second to none and has great market and scaling potential. With the Isle of Man online gaming license in place, Loot.Bet is well positioned to expand its operations globally, which enables us to accelerate our expansion.”