React Gaming Group has confirmed the launch of its Loot

React Gaming Group has confirmed the set in motion of its Loot.bet subsidiary’s Isle of Man-licensed online esports betting platform.

The licence testament work on to farther spread out Loot.bet’s world(a) footprint, with the companionship declaring its purport to transference the absolute majority of its current players over to the Isle of Isle of Man licence.

Licence approval from the Isle of Isle of Man Gambling Supervision Commission is one of the to the highest degree difficult to acquire, with the physical structure awarding very few per year. The jurisdiction stipulates some of the toughest regulations and highest ethical standards in the industry.

However, the licence offers several financial and logistical benefits, providing Loot.bet with the opportunity to raise safe and responsible for(p) gaming for its world(a) player base.

React Gaming CEO Vivien Leigh James Langston Hughes said: “This is genuinely a huge stair send on for Loot.bet’s elaboration plans inward the B2C and B2B markets.

“In improver to providing gamers with the most compelling betting solutions, we will live capable to bid white-label solutions to a practically larger market, giving us the way to spread out Loot.bet’s worldwide get to and strengthen our brand knowingness in the esports space.”

Hughes was named as lag CEO inward June, taking o'er from previous CEO, President and Director Laurent Benezra.

In July, React Gaming qualified to trade in on the OTCQB Venture Market under the ‘ITMZF’ symbol, with the company’s shares continuing to swap on the TSX Venture Exchange under the ‘RGG’ symbol.

The favorable reception will put to work to alleviate trading in React Gaming buy in for US investors, allowing the keep company to further expand and get its esports and iGaming ventures in the US market.

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