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Intema recaps 2021 highlights and gears up for 2022

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Intema Solutions Inc. (“Intema” or the “Corporation”) (TSXV: ITM, OTCMKTS: ITMZF) is proud to provide a brief summary of its 2021 highlights and a look ahead at 2022, which it is heading into with just as much drive, more resources, and enhanced management and operating team.

2021 Highlights:

  • Acquisition of HypeX.gg, a first-of-its-kind social gaming platform comprising a leading esports tournament and wagering platform.
  • Acquisition of TheSMACK.gg, an esports product and lifestyle company serving a rapidly expanding community of gamers and commercial brands.
  • Ongoing acquisition of Livestream Gaming Ltd. (parent company of LOOT.BET), a licensed server-based real-money gaming platform and a top brand in the world of esports betting.
  • Acquisition of Team BH, Canada’s second-largest esports and gaming entertainment organization, with a combined following of over 7.25 million people across its primary platforms.
  • Second closing on its $15 million financing, for total gross proceeds of over $10 million to date.
  • Letter of intent to acquire all the outstanding shares of Parabellum Media Inc., owner of Parabellum Esports and Northern Shield Academy.
  • Application filed with the Alcohol and Gaming Commission of Ontario to become a fully registered operator of Internet gaming and sports betting in Ontario, Canada’s largest and most populous province.
  • Granting of an Isle of Man online gambling license to Livestream Esports Limited, a wholly-owned subsidiary of Intema.
  • Letter of intent signed with Wild Rose Entertainment to grant Generationz, Intema’s U.S. subsidiary, a LOOT.BET sports wagering skin.
  • Board and management team enhanced by the appointment of Art Manteris, Marc Brassard and Philip Nolan as directors and Jonathan Kowit and Jennifer Lazarus as executive marketing advisors.

“The year 2021 has been very active and productive for Intema, allowing us to reach several milestones, including the granting of the Isle of Man online gambling license and the signing and closing of multiple promising acquisitions,” said Laurent Benezra, President and CEO of Intema. “We expect to accomplish even more in 2022 as we gear up to build a strong and diversified esports and iGaming ecosystem in this large, growing market. Following today’s annual general and special meeting of shareholders, we will focus our efforts on closing the final tranche of our financing, finalizing the acquisition of LOOT.BET and Parabellum and pursuing other business development and M&A activities in Canada and the U.S.”

Private placement extension
Further to the news release dated June 17, 2021, announcing the terms of its non-brokered private placement of a maximum of 30,000,000 subscription receipts priced at $0.50 each, the Corporation has closed on gross proceeds of over $10 million to date and expects to hold the third and final closing on or before January 20, 2021.

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Casino Time Partners with GeoLocs for Enhanced Geolocation Compliance in Ontario

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GeoLocs by mkodo, proven and trusted provider of geolocation services built exclusively for the iGaming industry, is excited to announce its partnership with casino operator, Casino Time. This collaboration marks a significant milestone in delivering secure and seamless online gaming experiences to Casino Time players in Ontario.

With the legalisation of iGaming in Ontario 2 years ago, regulatory compliance and player safety are top priorities for operators across North America. GeoLocs state-of-the-art geolocation compliance technology, coupled with its dedication to data protection (as seen by the recent ISO certification), provide Casino Time with guaranteed compliance while prioritising player privacy.

Through GeoLocs’ intuitive and easy-to-implement SDK and the highly self-serviceable GeoLocs platform, Casino Time provides its players with a seamless user experience, requiring no additional downloads, resulting in uninterrupted access to their favourite games while maintaining compliance with Ontario’s iGaming regulations.

Jeffrey Holmes, COO at Casino Time said: “Casino Time’s mission is to create the best possible gaming experience for its users and partnering with GeoLocs for our geolocation verification service means that we can provide our players with an online casino experience like no other. An experience that is secure and seamless, whilst also remaining compliant with regulations set out by the province of Ontario. The support provided by the team at GeoLocs has been incredible and their knowledge of geolocation and the Ontario market is second to none. With GeoLocs, we can ensure that our operations meet regulatory requirements while delivering a frictionless experience for our players.”

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Stuart Godfree, Managing Director at mkodo, said: “We are excited to partner with Casino Time to support their expansion into the Ontario iGaming market. GeoLocs is designed to prioritise data protection and regulatory compliance while delivering a seamless experience for both operators and players. With GeoLocs technology, Casino Time can operate with confidence, knowing that they are meeting regulatory standards and providing their players with a safe and secure gaming environment.”

The partnership between GeoLocs and Casino Time demonstrates a shared commitment to excellence, compliance, and player experience in the iGaming industry. By leveraging GeoLocs’ advanced geolocation technology, Casino Time aims to enhance its position as a leading provider of online gaming experiences in Ontario.

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Great Canadian Entertainment and Petroglyph Development Group Announce Historic Transaction of Casino Nanaimo

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Great Canadian Entertainment, Canada’s leading gaming and hospitality company, announced that it has signed a definitive agreement to sell its landmark Vancouver Island property, Casino Nanaimo, to Petroglyph Development Group Ltd (Petroglyph) in a historic transaction for both parties. Petroglyph is a wholly owned corporation of the Snuneymuxw First Nation dedicated to realizing the economic potential of the Nation.

Great Canadian’s Board of Directors unanimously approved the transaction, which remains subject to customary closing conditions as well as customary approvals by the regulatory authorities. Under the terms of the definitive agreement, the Company will provide transition services to Petroglyph for up to two years post-closing.

“We are very pleased to have executed this agreement. As the operator of Casino Nanaimo since its inception in 1986, we believe that under Petroglyph’s steady management, this transaction will provide Casino Nanaimo, its guests and team members with an exciting new chapter. We look forward to the closing and then working with the Petroglyph team during the transition period to ensure an outstanding outcome for all parties,” said Matt Anfinson, Chief Executive Officer of the Company.

“We celebrate our partnership with Great Canadian and our entry into B.C.’s casino industry. We are committed to bringing Snuneymuxw’s local expertise to an established tradition of outstanding guest service and meaningful community contributions. Honouring the decades of work by past Snuneymuxw Chiefs and Councils, we look forward to closing the definitive agreement and realizing our collective vision with the Great Canadian team. This collaboration promises to bring significant benefits and substantial economic growth to our Nation and the local community,” said Snuneymuxw Chief Mike Wyse.

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Erralyn Joseph, President of Petroglyph Development Group (PDG), said: “The Snuneymuxw group of companies are profoundly honoured to support Snuneymuxw economic growth in significant and meaningful ways. In addition to our pending acquisition of the business, we are honoured to announce the return of the associated land once closing is completed, a part of the Snuneymuxw xwsol’lexwel village. On behalf of the Board of Directors, we are pleased to share this news and remain committed to advancing the region’s economic growth in support of all its residents.”

Ian Simpson, Chief Executive Officer of PDG, said: “Acquiring this significant asset will unlock unprecedented economic potential for Snuneymuxw and PDG, paving the way for transformative growth in Snuneymuxw’s economy and the profits that PDG returns to our Nation.”

McMillan is serving as legal counsel to Great Canadian. McCarthy Tétrault is acting as legal counsel and KPMG Corporate Finance Inc. is acting as financial advisor to Petroglyph.

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Canada set to host the next BLAST R6 Major with world’s best Rainbow Six esports players to compete in Montreal in November

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World’s best Rainbow Six Siege esports teams from 9 regions will compete in Montreal, Canada. $750,000 in total prize pool up for grabs at final Major of 2024.

Today, Ubisoft and BLAST have released details for the final BLAST Rainbow Six Major of Season 2024, which is due to take place in Montreal, Canada from 7 to 17 of November.

Rainbow Six Esports is back in Canada for the first time since 2023, with Montreal’s Verdun Auditorium set to welcome 20 of the world’s best teams over two weeks in November. The BLAST R6 Major Montreal will feature a three-phase format with the final weekend playing out in front of a live audience with thousands of fans expected to pack out the Verdun Arena.

Tickets are available here: eventim.ca

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Dates & location:

  • Phase 1: 7 – 8 November – not open to public
  • Phase 2: 10 – 13 November – not open to public
  • Phase 3: 15 – 17 November – open to the public at the Verdun Auditorium, Montreal

Venue: Verdun Auditorium

Address: 4110 Bd LaSalle, Verdun, QC H4G 2A5, Canada

With Stage 2 of the Regional Leagues is set to get underway from September, teams across the nine different regions of BLAST R6 will be looking to become one of the 20 teams to qualify for the Montreal Major. These teams will compete for the lion’s share of the USD $750,000 prize pool, as well as points to qualify for the Six Invitational 2025.

Montreal and Rainbow Six have a long history together since the teams behind the development of Rainbow Six Siege are based in Ubisoft offices in Montreal. The city had previously hosted international Rainbow Six Esports tournaments such as the 2018, 2019, 2020, and 2023 editions of Rainbow Six’s SIX Invitational where Brazilian team w7m had been crowned World Champions.

Additional details on the venue, ticketing, and more are available via Eventim here: eventim.ca

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For more information about BLAST R6, please visit rainbow6.com and follow us on social media.

 

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