Canadian esports and iGaming company Intema Solutions has overhauled its branding and will now be operating under the name React Gaming Group Inc. The company will continue supporting esports teams and betting operations under the new name while trading on the TSX Venture Exchange under the ticker symbol “RGG”.
React Gaming Group is the owner of the esports betting platform LOOT.BET, the social gaming platform HypeX.gg, and the esports teams Parabellum Esports and Team BloodHounds. In a release, the company noted that the new name and branding will reflect the organization’s activities in the esports and iGaming markets.
“The addition of LOOT.BET has increased our revenues considerably, and we are convinced that we can expand our leading online gaming and betting platform activities into promising new markets,” said Laurent Benezra, the CEO of React Gaming Group. “Over the next few weeks, we will be launching several marketing initiatives to increase LOOT.BET’s user base, currently estimated to be over 500,000 users.”
Prior to its rebrand to React Gaming Group, Intema Solutions acquired LOOT.BET for $14.75 million in May last year.
(All information was provided by Esports Insider)