Canada
Intema announces the resumption of trading in its securities
Intema Solutions Inc. is pleased to announce that its securities will resume trading at the opening of the markets on Monday, November 22, 2021.
“We are excited to have our stock trading again and to pursue our growth plans in the rapidly growing esports and iGaming sectors,” said Laurent Benezra, President and CEO of Intema. “In the coming weeks, we will pursue our efforts to finalize the acquisition of Livestream Gaming Ltd. (“Livestream”), owner of LOOT.BET, and meet the conditions for approval of the transaction, including, but not limited to, obtaining a gaming license from the Isle of Man and filing the required documentation with the regulatory authorities.”
“Since entering the esports and iGaming sectors in early 2021, we have completed the acquisitions of the social and esports platform HypeX.gg, the B2B and B2C esports-related product and service provider The SMACK.gg, and the Team BH esports team, which are all part of the ecosystem we are building. We believe the portfolio of products and services we have cultivated will complement the LOOT.BET online gaming platform and website once the acquisition of Livestream is complete. We have also enhanced the quality and expertise of our management team with the addition of Scott Meyers as CFO, and of our board of directors with the addition of Art Manteris, Marc Brassard and Philip Nolan, all of whom have made solid contributions to our ongoing projects.”
“Once the Livestream transaction is finalized and the final tranche of our financing of up to $15 million financing is in place, Intema will have the tools to pursue the next phase of its global expansion in the esports and iGaming sectors,” concluded Mr. Benezra.
Amendment of By-laws
Subject to the approval of the TSXV and in accordance with the provisions of the Canada Business Corporations Act, the Corporation proposes to repeal the current by-laws of the Corporation and adopt new by-laws 1A of general by-laws and 1B of Advance Notice of shareholder nominees for election of directors (the “Advance Notice”). The purpose of the Advance Notice is (i) to ensure that all shareholders receive adequate notice of director nominations and sufficient time and information with respect to all nominees to make appropriate deliberations and register an informed vote; and (ii) to facilitate an orderly and efficient process for annual or special meetings of shareholders of the Corporation. The Advance Notice By-Law fixes the deadlines by which shareholders must submit director nominations to the Corporation prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in a timely written notice to the Corporation for any director nominee to be eligible for election at such annual or special meeting of shareholders.
Debt Settlement
Subject to the approval of the TSXV, the Corporation intends to settle a total of CAD$250,000 of debt (the “Debt”) owed to Mr. Roger Plourde, Former President, CEO and Executive Chairman of the Board (the “Shares for Debt Settlements”) in relation to his departure in 2019. The Corporation wishes to settle the Debt by issuing to Mr. Plourde 1,250,000 common share purchase warrants of the Corporation at a deemed exercise price of $0.20 per common share pursuant to a Termination Agreement dated August 21, 2019 and a final Debt Settlement Agreement dated November 17, 2021.
Executive Employment Agreement
Subject to the approval of the TSXV, the Corporation reports that it proposes a share issuance of an aggregate of up to 1,283,018 Common Shares as bonus (the “Bonus Shares”) to Mr. Laurent Benezra, the CEO of the Corporation, pursuant to an Executive Employment Agreement dated March 31, 2021. The Bonus Shares will be issued: i. CAD$150,000 or 283,018 Shares as one-time compensation; and ii. over a period of four fiscal years of 2021 to 2024, 250,000 Shares per fiscal year, subject to certain conditions, or 200,000 Shares per fiscal year should the Corporation attain 80% of the financial projection. The Bonus Shares will be subject to restrictions on transfer for a period of four months from issuance.
A full description of the Amendment of By-laws, the Debt Settlement and the Employment Agreement are set out in the Corporation’s management information circular which will be filed on SEDAR in connection with an Annual and Special Meeting of the shareholders of the Corporation to be held in December 2021 (date to be confirmed) (the “Annual Meeting”). The Debt Settlement and the Executive Employment Agreement are subject to the approval by a majority of disinterested shareholders at the Annual Meeting.
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AGLC
PointsBet Canada Officially Begins Registration Process in Alberta
PointsBet Canada has announced that it has commenced the registration process in Alberta and can now begin marketing activities, positioning the company to enter the province as Alberta prepares to become Canada’s second open and competitive regulated iGaming market.
Eligible Alberta residents can now pre-register at https://www.pointsbet.ca/ to receive notification of PointsBet’s launch, along with an exclusive welcome offer, ahead of the full platform rollout expected in the coming months.
This development follows the Alberta Gaming, Liquor and Cannabis (AGLC) streamlined process, enabling PointsBet Canada to introduce its premium sports betting and online casino experience while final registration steps continue.
“Alberta’s move toward an open, competitive iGaming framework is a positive step for Canadian players, offering more choice and consumer protections in a safe and regulated environment. We’re excited to introduce our innovative, Canadian-focused sports betting and online casino products to Alberta residents, supported by industry-leading speed, responsible gaming tools, and local expertise,” said Scott Vanderwel, CEO of PointsBet Canada.
The post PointsBet Canada Officially Begins Registration Process in Alberta appeared first on Americas iGaming & Sports Betting News.
Canada
Kambi Group Becomes the Official Sportsbook Partner of Ontario Lottery and Gaming Corporation
Kambi Group has formally assumed contractual responsibilities for OLG’s multi-channel sportsbook following the successful completion of the novation agreement with FDJ Gaming Solutions France (FDJ) and Ontario Lottery and Gaming Corporation (OLG), with OLG launched its Kambi-powered sportsbook on 27 January.
Kambi, the home of premium sports betting solutions, confirmed that it has formally assumed contractual responsibilities for the provision of sports betting services to OLG, having successfully met all conditions of the previously agreed novation agreement.
The completion follows the announcement in 2025 that Kambi had been selected by FDJ to take over FDJ’s role as OLG’s long-term sports betting partner with OLG’s consent and pending the satisfaction and completion of specific conditions. With these conditions now met, Kambi has officially assumed responsibility for the provision of sports betting services to OLG across both its retail and digital channels, with OLG gone live with its Kambi-powered sportsbook on 27 January.
OLG offers sports betting through PROLINE (retail) and PROLINE+ (online) with 100% of its profits reinvested into Ontario. Powered by Kambi’s Turnkey Sportsbook, OLG’s sports betting operations will benefit from Kambi’s market-leading technology and services, designed to deliver a scalable, compliant and engaging betting experience for players.
Werner Becher, Kambi Group Chief Executive Officer, said: “We are delighted to have officially completed this transition and to begin this next chapter of our partnership with OLG. Having met the necessary conditions of the novation agreement, Kambi is excited to become the official sportsbook provider and to have launched with one of the world’s most respected lottery operators. We value our partnership with OLG and look forward to leveraging our proven technology to help them drive sustainable growth and provide a safe and entertaining betting product for their customers in Ontario.”
Duncan Hannay, OLG President and CEO, added: “OLG strives to provide a market leading PROLINE sports betting experience for our players. We look forward to working alongside our new partner, Kambi, who offers a proven track record of product excellence and reliability, as we deliver on our commitment to give back to the people and communities of Ontario. This is an exciting step forward for both organizations.”
The post Kambi Group Becomes the Official Sportsbook Partner of Ontario Lottery and Gaming Corporation appeared first on Americas iGaming & Sports Betting News.
Canada
High Roller Technologies Signs Letter of Intent with Kindbridge Behavioral Health to Support Responsible Gambling in Ontario
High Roller Technologies Inc., operator of the award-winning, premium online casino brands High Roller and Fruta, announced it has entered into a non-binding Letter of Intent (LOI) with Kindbridge Behavioral Health (Kindbridge) to support its commitment to responsible gambling in Ontario, subject to licensing and regulatory approval.
Through the planned partnership with Kindbridge, High Roller intends to offer eligible Ontario players who choose to self-exclude a confidential pathway to support that helps individuals understand their options and take next steps at their own pace. The experience begins with education and a guided triage process, followed by the option to connect with no-cost peer support and, when appropriate, licensed Canadian clinicians. Using a stepped-care approach, individuals can start where they feel ready and access additional support over time, based on their needs and goals.
“We believe entertainment should always be enjoyed responsibly. Partnering with Kindbridge reinforces our commitment to player wellbeing by ensuring that anyone who may be experiencing challenges with their gambling activity has access to meaningful, professional support. This collaboration reflects our responsibility not only as an operator, but as a trusted brand that puts people first,” said Seth Young, Chief Executive Officer at High Roller.
Kindbridge works with gaming operators across North America to deliver early-intervention programs designed to identify, assess, and support at-risk individuals, including integration with self-exclusion and responsible gaming workflows.
“Building strong, accessible pathways to support is an essential part of effective responsible gambling programs.nOperators are uniquely positioned to assist individuals who may be experiencing distress by helping connect them to appropriate care. We’re proud to work with High Roller to expand access to specialized clinicians and evidence-based resources, supporting healthier outcomes for players and more effective responsible gambling frameworks,” said Daniel Umfleet, Founder & CEO of Kindbridge Behavioral Health.
Seth Young, who currently serves as Chief Executive Officer of High Roller, is a current shareholder, member of the Board of Advisors, and former member of the Board of Directors at Kindbridge.
The post High Roller Technologies Signs Letter of Intent with Kindbridge Behavioral Health to Support Responsible Gambling in Ontario appeared first on Americas iGaming & Sports Betting News.
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