Compliance Updates

Intema Announces Receipt of Isle of Man Online Gaming License

Published

3 years ago

February 16, 2022

Niji Narayan

Reading Time: < 1 minute

Intema Solutions Inc. has announced that it has received the Isle of Man online gaming license. This fulfills the last condition set by regulatory authorities for final approval of the acquisition of Livestream Gaming, the parent company of LOOT.BET.

“We are finally at the last stage of the Livestream acquisition and will be closing the transaction any day now. While the process has taken longer than expected, LOOT.BET is a major online gaming platform and a key part of Intema’s growth plans. Throughout the acquisition period, we have been working hard in parallel to build our esports and iGaming ecosystem, and the addition of LOOT.BET will accelerate our progress on that front significantly,” Laurent Benezra, President and CEO of Intema, said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.