VIDEO - Intema Discusses Isle of Man license, LOI to Enter US Market, Loop.Bet Acquisition “97% Done” + More
posted on
Dec 16, 2021 09:00AM
Creating the world’s foremost esports and iGaming ecosystem
An emerging esports and iGaming company that is creating an Esports adventure like no other …. Create the world’s foremost esports and iGaming ecosystem.
The global online gambling market could potentially hit $1 TRILLION by the end of this decade. The obvious reasons include the following:
Esports was already the fastest growing sub-sector of digital entertainment, and Covid 19 has only accelerated this trend.
Despite the vast amount of viewers, esports is still dramatically under-monetized relative to traditional sports. ITM believes wagering will play a major role in helping monetize this ever-evolving platform.
Intema has had an active first half of December evident by the following:
The company’s U.S subsidiary Generationz Gaming Entertainment signs letter of intent with Wild Rose Entertainment.
Why is this important?
Laurent Benezra, President and CEO of Intema,
“We are thrilled to welcome Bill to the Intema team and are impressed with what he has managed to accomplish in a very short period of time. The LOI with Wild Rose is just the beginning of what the LOOT.BET platform could bring to Intema once its acquisition is finalized.”
But wait, there’s more…
The company announced granting of Isle of Man online gambling license
Benezra commented further,
“The grant of the Isle of Man gambling license is major news for Intema and will have a significant positive impact on our future activities. In particular, it allows us to comply with one of the TSX Venture Exchange’s main conditions for closing the acquisition of Livestream Gaming Inc. (“ Livestream ”), with its LOOT.BET online gaming platform. It will also enable us to conduct our iGaming activities through one of the world's most prestigious gaming jurisdictions and, once we acquire our LOOT.BET platform, to white-label it to regulated gaming markets on a global scale. Finally, it gives LOOT.BET the same level of credibility as other online gambling platforms, throughout the gaming community and among our peers.”
Sit back, relax and watch this powerful interview.