Loot.Bet launches Isle of Man site – Esports

React Gaming has launched an Isle of Man licensed site through its esports betting subsidiary Loot.Bet.

React acquired Loot.Bet owner Livestream Gaming in April and has since changed its name from Intema to React.

The launch will take place on July 31st, and Loot.Bet plans to transition most of its current players to Isle of Man licenses after that. The operator currently operates under a license from Curacao, which will make major changes to its structure.

Leigh Hughes, CEO of React Gaming, said:

“In addition to providing gamers with the most compelling betting solutions, we are now able to offer white label solutions to the larger market, expanding Loot.Bet’s global reach and increasing brand awareness in the esports space. It gives you the means to strengthen.”

React appointed Hughes as interim CEO in June.

Last month, React began trading on the US OTCQB venture market.

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