Intema Solutions finalises Livestream Gaming acquisition and announces name change

The acquisition of Livestream Gaming by Intema Solutions has been finalised, the company announced, further disclosing that it will undergo a rebrand to React Gaming Group.

intema livestream gi web image

The TSX Venture Exchange has published the final bulletin announcing the transaction’s closure, with the funds and common shares held in escrow released to Intema and Livestream as applicable.

This comes after both companies inked a definitive share purchase agreement in January. Laurent Benezra, President and CEO of Intema, said the company could now “build on the momentum” of Loot.bet, a server-based, real-money esports wagering platform owned by Livestream.

“We can now build on the momentum of our Loot.bet online betting platform to market it to its full potential,” said Benezra.

“With the help of our emerging ecosystem, our Isle of Man licence and our strategy to expand into new markets, Loot.bet has the potential to grow significantly more.”

Concurrent to this, Intema revealed a name change, which will take effect “on or about 11 April,” when the company will cease to be known as Intema and commence trading as React Gaming Group on the TSX Venture Exchange, under the new trading symbol RGG.

Intema said there will be no consolidation or change in the share capital, and that “management considers it important that the name of the corporation be associated with its current activities in esports and iGaming.”

Common share certificates bearing the Intema Solutions name will continue to be valid.

It added: “The corporation is not requesting, and shareholders are not required to, exchange their existing share certificates for new certificates bearing the new company name.”

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...