- i3 Interactive Inc. (BETS) is investing in India because the country is one of the fastest growing online gaming markets
- The company’s vision for India took shape after years exploring the market
- i3 has learned from its players and partners that they are presenting something unique and exciting to the market
- i3’s entry into India was via an acquisition of a poker operation on the Quadnet Network
- i3 Interactive Inc. is trading at C$0.66 per share
i3 Interactive Inc. (BETS) is investing in India because the country is one of the fastest growing online gaming markets.
With a large population, a burgeoning economy, the fastest internet adoption in the world, and with 65 per cent of the population under the age of 35, India is a perfect storm for skill based online gaming.
The company’s vision for India took shape after years exploring the market. Based on its assessment, it is still a time of very early adoption for investment in online gaming in India.
Trailblazers in India like Dream11 and others have been paving the way and i3 is building on this momentum in arguably the world’s best online gaming market for operators currently.
Since i3’s launch of BLITZPOKER in India just over six months ago, i3 has learned from its players and partners that they are presenting something unique and exciting to the market. During the launch of BLITZPOKER, i3 partnered with celebrities and influencers with the support of over 150 million followers in India.
i3’s entry into India was via an acquisition of a poker operation on the Quadnet Network, a market leading poker network most famous to date for housing the Spartan Poker brand. This partnership provides a market leading product and over a million registrations and with i3’s strategy and brand position with BLITZPOKER there is a high level of confidence in the company’s offering, which is unique to the Indian gaming community.
Immediately following the success of BLITZPOKER, i3 has taken the next step in building this ecosystem and investing in the fantasy gaming company Livepools. With a seven figure user base, tier one management team and exciting growth potential, i3 is very confident in this addition to the portfolio. Especially with IPL around the corner and some exciting news to unveil shortly, i3 has grand plans for the market.
i3 Interactive Inc. is trading at C$0.66 per share.
