Intema signs letter of intent to acquire Livestream Gaming Ltd, Belize.Livestream Gaming owns LOOT.BET esports bookmaker platform, a world leader in esports betting.LOOT.BET betting handle was 62.2 million euros (CA$92.2 million) for the year ended December 31, 2020.Acquisition to be accretive to Intema’s revenues: Livestream Gaming recorded unaudited gross gaming revenue of 3.2 million euros (CA$4.8 million) and a net profit of 79,806 euros (CA$114,792) for the year ended December 31, 2020.Esports market projected to reach US$1.86 billion by 2026 at a CAGR of 15.1%1. MONTREAL, May 03, 2021 (GLOBE NEWSWIRE) -- Intema Solutions Inc. (“Intema” or the “Corporation”) (TSXV: ITM, OTCMKTS: ITMZF) is pleased to announce that it entered into an arm's length binding letter of intent (the “LOI”) dated April 30, 2021 with Livestream Gaming Ltd, Belize (“Livestream”) with respect to a proposed transaction (the “Proposed Transaction”), whereby Intema will acquire all of the issued and outstanding securities of in the capital of Livestream (the “Livestream Securities”).
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