Breaking News: Intema U.S. subsidiary Generationz Gaming Entertainment signs letter of intent with Wild Rose Entertainment | Financial Buzz

Breaking News: Intema U.S. subsidiary Generationz Gaming Entertainment signs letter of intent with Wild Rose Entertainment

Intema Solutions Inc. (TSXV: ITM, OTCMKTS: ITMZF) announces the creation of Generationz Gaming Entertainment Inc. (“Generationz”), a new U.S. subsidiary located in Chicago, Illinois, led by gaming veteran CEO William (Bill) Foss.

Generationz has signed a letter of intent (the “LOI”) with Wild Rose Entertainment (“Wild Rose”) to award Generationz a LOOT.BET sports wagering skin. The LOI will be contingent on, among other things, the negotiation of a definitive agreement, successful certification of the LOOT.BET betting platform by Gaming Laboratories International and obtention of a gaming license from the State of Iowa Racing and Gaming Commission.

“We are thrilled to welcome Bill to the Intema team and are impressed with what he has managed to accomplish in a very short period of time,” said Laurent Benezra, President and CEO of Intema. “The LOI with Wild Rose is just the beginning of what the LOOT.BET platform could bring to Intema once its acquisition is finalized.”

“As CEO of Generationz, I eagerly look forward to this next chapter of my career and to using my gaming knowledge and contacts to create a successful and profitable company,” said Bill Foss, CEO of Generationz. “Wild Rose has three establishments in the State of Iowa and a solid reputation in the state’s gaming community, where more than US$1 billion was wagered in 2021. Once everything is finalized, we will be able to offer a great product to customers of Iowa.”

Bill Foss has worked in the gaming industry for approximately 29 years, having started on the marketing side of operations before rising to general manager, which allowed him to gain an understanding of the operations and regulatory side of gaming. Bill has worked in corporate gaming as well as Native American gaming over the years and has been fortunate enough to learn gaming from some of the most influential and successful gaming operators and owners. Bill has worked in numerous areas and jurisdictions, including Illinois (St. Louis area), Indiana (Cincinnati area), Iowa (Dubuque), San Diego, Northern California (Mendocino County), New Mexico (Taos), Arizona and Northern Wisconsin. Bill has a degree in Business Administration from the University of Utah. 

Share issuance to Agora
Further to its news release of April 21, 2021, on July 12 and October 12, 2021, Intema issued an aggregate of 118,868 common shares of the Corporation at a deemed price of $0.53 per share to Agora Internet Relations Corp. in consideration of services rendered.

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.

Sponsored Content Release. Click for Full Disclosure

Opt-into our eNewsletter NOW! For the Latest Trending Financial News Topics in Cannabis, Tech, Biotechs, Precious Metals, Energy, Renewable Energy and much more!

  • Sponsored Content Release

    FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

    Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the ‘Site’) is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. FinancialBuzz.com has not been compensated directly by any of the companies mentioned here in this editorial unless mentioned otherwise. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For intema solutions inc. video production, filming editing, news reporting, financial and corporate news dissemination, FinancialBuzz.com expects to be compensated five thousand dollars by the company. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members  and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.