Supported by the Amber Gaming licensing team, Livestream Esports Limited has been issued an IOM OGRA licence by the Isle of Man Gambling Supervision Commission (GSC) for the provision of a high quality esports sportsbook, traditional sportsbook, live dealer and RNG casino games to operate under the Loot.bet domain.
Recently acquired by Intema Solutions Inc, a publicly listed company trading on the Toronto Stock Exchange (“TSX”) – the licence success was the final condition required to be met for Intema’s acquisition of Livestream Esports.
Intema is focussed on becoming the emerging leader within the esports industry and as part of its growth and expansion strategy the group have acquired an esports team, social gambling platform and media advertisement business.
Karen Yates, Director at Amber Gaming, said: “We are thrilled to have supported Livestream Esports to secure their Isle of Man OGRA licence. The Isle of Man is internationally recognised as a tier one licensing jurisdiction due to its robust regulatory framework and supportive business ecosystem. In securing the Isle of Man OGRA licence, Livestream Esports has built solid foundations to support their growth and expansion aspirations and we are really looking forward to continuing to support them on this journey moving forward!”
"We are grateful for the assistance provided by Amber Gaming, which allowed Livestream Esports to obtain the coveted IOM online gaming licence" said Laurent Benezra, President and CEO of Intema. "Their top-notch team supported us from the beginning of the process to the very end with the successful outcome we see today."
Tony Ure, Head of eGaming, Digital Isle of Man noted; “This licence achievement is a major steppingstone for Livestream Esports to expand their operations within the global esports and iGaming space and we are delighted that the internationally recognised Isle of Man OGRA licence was a key factor in completing this acquisition. It really does re-enforce the continued growth of esports and esports betting companies on the Isle of Man.”