A Rapidly Expanding eSports Ecosystem Attracts Institutional Attention

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Sports is a relatively new and fast-growing industry. Just like traditional professional sports, eSports teams have owners, franchises, endorsement deals, cash prizes from tournament winnings, and more-all contributing to their annual revenue and total valuation.

Additionally, awareness about esports is rapidly expanding in large part thanks to technological advancements and higher income levels around the world. And, according to a report by Business Insider, eSports viewership is expected to grow at a 9% compound annual growth rate (CAGR) between 2019 and 2023, up from 454 million viewers in 2019 to 646 million viewers in 2023, per Insider Intelligence. Most projections put the eSports ecosystem on track to surpass USD 1 Billion in revenue for the first time this year. Subsequently, Newzoo projects revenue to hit the USD 1.8 Billion by 2022. Intema Solutions Inc. (TSX-V: ITM) (OTC: ITMZF), DraftKings Inc. (NASDAQ: DKNG), Take-Two Interactive Software, Inc. (NASDAQ: TTWO), Super League Gaming, Inc. (NASDAQ: SLGG), Electronic Arts Inc. (NASDAQ: EA)

Geographically, Asia-Pacific (APAC), North America, and Europe are the top three eSports markets, respectively, in terms of audience and revenue. The rest of the world only accounts for about 15% of total eSports revenue. As a result, the industry has seen a huge uptick in investment from venture capitalists, and more recently from private equity firms. Rick Yang, partner at NEA—a venture capital firm that invests in eSports—underscored this in a conversation with Insider Intelligence: I actually think of eSports as the mainstreaming of gaming, or the pop culture instantiation of gaming versus the pure idea of these players becoming professionals to compete at the highest levels.

Intema Solutions Inc. (TSX-V: ITM) (OTC: ITMZF) just announced breaking news that, the Isle of Man Gambling Supervision Commission has approved the granting of an Online Gambling Regulation Act (OGRA) 2001 license to Livestream Esports Limited, a wholly owned subsidiary of Intema.

'The grant of the Isle of Man gambling license is major news for Intema and will have a significant positive impact on our future activities,' said Laurent Benezra, Intema's President and Chief Executive Officer. 'In particular, it allows us to comply with one of the TSX Venture Exchange's main conditions for closing the acquisition of Livestream Gaming Inc. (Livestream), with its LOOT.BET online gaming platform. It will also enable us to conduct our iGaming activities through one of the world's most prestigious gaming jurisdictions and, once we acquire our LOOT.BET platform, to white-label it to regulated gaming markets on a global scale. Finally, it gives LOOT.BET the same level of credibility as other online gambling platforms, throughout the gaming community and among our peers.'

'Once the license is issued, we will proceed with getting final approval from the TSXV and closing the Livestream acquisition, allowing us to start a new chapter of growth for Intema,' concluded Mr. Benezra.

The Isle of Man promotes the highest standards of jurisdictional control in the gaming industry, with extremely high ethical standards for owners and investors, making its license one of the toughest to acquire. The Isle of Man Gambling Supervision Commission gives out the fewest licenses per year. In addition, the license granted by that regulatory body has many financial and logistical benefits, and will allow Intema to offer continuously fun, safe and responsible gaming experiences for gamers around the world.

Annual General and Special Meeting of Shareholders - Intema will hold its annual general and special meeting of shareholders on Tuesday, January 4, 2022 at 10:00 a.m. ET. The meeting will be held virtually due to restrictions imposed in the context of the ongoing COVID-19 pandemic. Shareholders are invited to consult the 2022 management proxy circular and other proxy-related materials, available on SEDAR at www.sedar.com under the Corporation's profile.

About Intema - Intema Solutions Inc. is the world's emerging leader in the esports and iGaming industry. Our mission is to bring the excitement of esports betting to the entire world through fully licensed, secure online platforms. Our ecosystem consists of subsidiaries in esports, iGaming, product branding, digital advertising and marketing campaign design that are all complementary drivers of our future revenue growth. For more information, please visit our corporate website at intema.ca.

✔️ A Rapidly Expanding eSports Ecosystem Attracts Institutional Attention

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