I3 INTERACTIVE INC - BLITF STOCK NEWS

i3 Interactive (OTC:BLITF) has provided an update on its investment in Moonshine Technology Private Limited (Baazi Games). In May 2021, i3 invested $5 million USD for a minority stake, opting against a full acquisition. Baazi, a leader in India's online gaming sector, boasts over 10 million active users and has expanded its product offerings, resulting in increased revenue and player acquisition. The company expressed satisfaction with Baazi's ongoing growth and plans for future partnerships.

i3 Interactive Inc. (CSE: BETS, OTC: BLITF) announced the filing of its annual information form and requested the IIROC to lift the trading halt on its shares. The company is finalizing negotiations to acquire the remaining equity of Livepools, aiming for a 50.52% ownership, and has committed to fund up to $500,000. Additionally, i3 is pursuing an acquisition of a leading online gaming operator in the Indian market through a non-binding LOI. The company highlights transparency with shareholders and anticipates updating on these initiatives shortly.

i3 Interactive (OTC: BLITF) provided a corporate update on December 2, 2021, emphasizing its commitment to becoming a leading global online gaming presence. The company has focused on markets in the United States, Canada, and India. Key achievements include the growth of BLITZPOKER with a 51% increase in gaming revenue and BLITZPOOLS surpassing 4 million players. However, the planned acquisition of a leading Indian gaming company has been terminated. i3 is also facing legal challenges from Dan Bilzerian and Christopher Neville, which it believes to be without merit.

i3 Interactive (OTC: BLITF) announced significant updates, including shareholder approvals during its Annual General Meeting on June 1, 2021. Notably, it plans a transformative transaction aimed at expanding into new global markets by Summer 2021. BLITZPOOLS has experienced remarkable growth, adding over one million new players despite the IPL postponement due to COVID-19. BLITZPOKER achieved its highest revenue month and recorded 105% net revenue growth. The company's North American strategy is also expanding, with ongoing opportunities and team growth.

i3 Interactive Inc. (OTC: BLITF) announced a halt in trading due to a binding letter of intent to merge with a prominent online gaming company in India. This merger aims to significantly expand its user base across various games, targeting over 20 million players by the end of 2022. The company has emphasized that trading will remain suspended until all regulatory approvals are obtained. Investors are warned that details regarding the merger may be incomplete and should not be solely relied upon, highlighting the speculative nature of the investment.

Interactive Games Technologies Inc. (OTC: BLITF) will change its corporate name to i3 Interactive Inc. on May 21, 2021. This transition will not affect existing share and warrant certificates, which remain valid. The company specializes in online and mobile gaming, aiming to engage sports fans with unique gaming products and has secured partnerships with social media influencers to expand into new markets. Updated ISIN and CUSIP numbers will be issued for the company's shares and warrants as part of the name change.

Interactive Games Technologies Inc (OTCQB: BLITF) announced the completion of a second payment for acquiring 51% of LivePools, now rebranded as BLITZPOOLS, for a total of US$2,350,000. This acquisition increases IGT's ownership to 30.72% in LivePools. Following its launch, BLITZPOOLS has gained over 300,000 registrations, with expectations to exceed 2 million soon, fueled by the upcoming IPL season. The company is also in talks with various cricketers to enhance its market presence.

Interactive Games Technologies Inc. (OTC: BLITF) has successfully launched its skill-based gaming platform, BLITZPOOLS, garnering over 150,000 registrations since its soft launch on March 1, 2021. The company aims to reach 250,000 players by month-end. With endorsements from cricket stars and influencers, the platform is quickly gaining traction in the Indian market. Additionally, Brendan Purdy has been appointed as a director, and the company has approved a restricted share unit plan with a maximum of 16,648,627 RSUs to align executive interests with shareholders.

Interactive Games Technologies Inc (OTC: BLITF) has announced its strategy to enter the U.S. online gambling market, identifying an underserved opportunity. The company has signed a collaboration agreement with a large commercial partner to leverage the potential of land-based casino operators seeking digital platform expertise. With an estimated growth of over $20 billion in U.S. online gambling revenue, IGT.BET's experienced team aims to assist these operators in maximizing their market presence. CEO Chris Neville expressed optimism about the future prospects of the company in this expanding sector.