BLITZPOOLS

IGT.BET’s Recent Rebrand and Launch of BLITZPOOLS is an Overwhelming Success

Published

4 years ago

March 24, 2021

Interactive Games Technologies Inc – is pleased to announce the rebrand and launch of its recently acquired skill-based fantasy gaming product, BLITZPOOLS, is exceeding expectations. With a soft launch March 1^st and official launch March 8^th BLITZPOOLS is already over 150,000 new registrations and expects to close the month with over 250,000 new players. It is clear the industry leading product and brand positioning is resonating with the Indian fantasy gaming audience.

The launch of BLITZPOOLS, already one of India’s fastest-growing skill-based fantasy sports platforms, included the signing of cricket stars Ishan Kishan, Rahul Chahar, Shreyas Gopal and Wriddhiman Saha as ambassadors. IGT.BET and BLITZPOOLS could not be happier with the impact these professionals have already made and are excited for what the future holds. The engagement and activation of each star’s respective fan base has been exceptional. Planning for further and increased player interaction is already underway.

The launch of BLITZPOOLS also included the engagement of several celebrities and influencers in India including but not limited to Sunny Leone, Urvashi Rautela, Natasia Stankovic and Mouni Roy. With a total audience in excess of 215 million, these partnerships have been a huge success. The business has seen its pools with partners fill up in record time, a testament to the market appetite to play in pools with aspirational personalities combined with the opportunity to win industry leading cash and prizes for the most skilled fantasy gamers.

Appointment of Director

European Gaming Congress 2024 (Warsaw, Poland)

The Company is pleased to announce that Brendan Purdy has been appointed as a director of the Company.

Mr. Purdy is a practicing securities lawyer focused on the resource, life sciences, and technology sectors. In his private practice, he has developed extensive experience with respect to public companies, capital markets, mergers and acquisitions, and other transactions fundamental to the Canadian junior equity markets. Prior to receiving his J.D. from the University of Ottawa, Mr. Purdy completed a Bachelor of Management and Organizational Studies degree from the University of Western Ontario, majoring in finance and administration. Mr. Purdy was previously CEO of Enforcer Gold Corp. and High Hampton Holdings Corp., and has served as director of several private and public companies. Mr. Purdy is currently serving on the board of DGTL Holdings Inc., a digital media technology incubator.

Adopts Restricted Share Unit Plan

In order to further align the interests of the Company’s senior executives, key employees, consultants and directors with those of the shareholders of the Company, the Board of Directors has approved the implementation of a restricted share unit plan (the “RSU Plan“). Under the RSU Plan, eligible persons may (at the discretion of the Board) be allocated a number of RSUs as the Board deems appropriate, with vesting provisions also to be determined by the Board, subject to a maximum vesting term of three (3) years from the end of the calendar year in which RSUs were granted. Upon vesting, eligible participants shall be entitled to a cash payment equal to the number of RSUs granted, multiplied by the fair market value of the Company’s common shares on the redemption date. The Company shall also have the option (at the discretion of the Board) to settle amounts owing to eligible persons via the issuance of common shares of the Company.

The maximum number of RSUs issuable under the RSU Plan is fixed at 16,648,627 (being 10% of the issued and outstanding common shares as of today’s date), provided however that at no time may the number of RSUs issuable under the RSU Plan, together with the number of common shares issuable under options that are outstanding under the Company’s Stock Option Plan, exceed 20% of the issued and outstanding common shares as at the date of a grant under the RSU Plan or the Stock Option Plan, as the case may be.

Further details regarding the RSU Plan and all awards made thereunder will be set out in the management information circular and proxy statement of the Company that will be delivered to shareholders in respect of the Company’s next annual meeting of shareholders. A copy of the RSU Plan will also be available under the Company’s corporate profile at www.sedar.com.

RSU Grants

The Company has granted an aggregate of 2,818,500 RSUs to the Company’s senior executives, key employees, consultants and directors of the Company. All of the RSUs (and any common shares issuable upon redemption) will be subject to applicable securities law hold periods.

BLITZPOOLS

IGT.BET Completes Second Tranche of Blitzpools Acquisition

Published

4 years ago

April 1, 2021

GamingAmericas.com

Interactive Games Technologies Inc is pleased to announce it has completed the second payment of its previously announced acquisition of 51% of LivePools Private Limited (“LivePools“), a skill-based fantasy sports company, which has since been rebranded as BLITZPOOLS. The Company’s subsidiary Redrush Online Private Limited (“Redrush“), has closed on the second tranche of US$2,350,000 and now owns 27,120 shares of LivePools, being 30.72% of the economic ownership in LivePools.

As previously announced BLITZPOOLS has already amassed over 300,000 new registrations since its launch less than a month ago and is set to cross the 2 million registered user mark in the coming days. With IPL on the horizon BLITZPOOLS is very confident it will continue to exceed expectations and drive shareholder value.

BLITZPOOLS has also entered into discussions with a number of additional cricketers heading into one of the most anticipated IPL seasons in recent memory.

BLITZPOOLS continues to provide entertainment with industry leading prize pools, product and customer care and support, a welcomed escape for sports and gaming enthusiasts who are constrained to working from home.

Asia

IGT.BET Partners with India’s Top Cricketers Ishan Kishan, Rahul Chahar, Shreyas Gopal and Wriddhiman Saha

Published

4 years ago

March 9, 2021

GamingAmericas.com

IGT.BET, one of India’s fastest-growing skill-based fantasy sports platforms, today announced the signing of rising cricket stars Ishan Kishan, Rahul Chahar, Shreyas Gopal and Wriddhiman Saha to be the face of the brand. Attracting their ever-growing and large fan base to the app, the cricketer quartet will be an integral part of the 360-degree digital and offline campaign activation of BLITZPOOLS.

In addition to these cricket stars and as part of the new brand launch, BLITZPOOLS has engaged celebrities and influencers alike with a total follower count in excess of 215 million, the identities of which will be revealed at time of post and in a future release.

With the rebrand and recent injection of capital as part of a recent majority investment from the international gaming brand IGT.BET (formerly i3 Inc.), players can now expect the already market leading product to deliver new and exciting features at a faster pace. Customers can experience these exciting offerings while engaging with different cricket and football tournaments, played at domestic, national and international levels.

Through this rebranding and brand ambassador announcement, BLITZPOOLS aims to take the fantasy sports market in India by storm and consumers will be guaranteed best-in-class bonuses, industry leading deposit and payout options and a market leading product with constant innovation. The platform will feature an exciting coin-based loyalty programme, where users will be rewarded with valuable coins as they increase their engagement on the app. These coins can be redeemed against gift vouchers, meet & greet sessions, cashback, tickets for on-ground matches and other exciting offerings. Another attractive feature to watch out for will be the chance for winners to create their own closed personal pools with friends and ultimately win grand prizes to play cricket against BLITZPOOLS brand ambassadors Ishan Kishan, Rahul Chahar, Shreyas Gopal and Wriddhiman Saha.

Speaking on the rebranding and the brand ambassador announcement, the Assomull brothers, Vickram and Gaurav, founders of BLITZPOOLS said, “We are embarking on a new journey and through this exciting adventure, we aim to capture and captivate the minds and hearts of every Indian consumer involved in online gaming. Through this rebrand, we want to create an interactive user experience and strengthen the product in the Indian market. Giving it a fresh look and feel, we are also delighted to announce Ishan Kishan, Rahul Chahar, Shreyas Gopal and Wriddhiman Saha as the new faces of the brand. These young and rising cricket super stars resonate well with our target audience and will bring on board their fans who in turn will get a chance to play with each of them. We believe it will be a great association and will help us enhance the brand’s uniqueness. By the end of IPL 2021, BLITZPOOLS is confident it will be home to one of the largest fantasy sports player bases in India.

Commenting on the rebranding, an IGT.BET spokesperson said, “We are beyond confident our investment, partnership and brand positioning with BLITZPOOLS will further establish a strong foothold in the Indian fantasy gaming market. Prioritizing our customer, we will continue to create a world-class product for the Indian audience. We will offer industry-leading bonuses for all existing players as they migrate from Livepools to BLITZPOOLS in addition to welcoming new players with a best-in-class experience with unbeatable bonuses, unique and rewarding prize pools, world-class product innovation and full attention customer support. We are confident through our tie-up with India’s popular Cricket trio Ishan Kishan, Rahul Chahar, Shreyas Gopal and Wriddhiman Saha BLITZPOOLS will have an increase in recall amongst its target audience.”

Speaking on the association, Cricketer Ishan Kishan said, “I am extremely excited to get on board with BLITZPOOLS, India’s fastest-growing and truly interactive skill-based fantasy sports platforms. India has a huge sport loving audience and BLITZPOOLS is bringing millions of them their favorite games in a highly competitive format on one platform. With a solid fantasy gaming product and increased prize pools the fantasy sports platform is providing unparalleled value to its customers.”