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i3 Interactive Inc
Symbol BETS
Shares Issued 137,321,254
Close 2020-09-04 C$ 0.40
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i3 Interactive talks up Blitzpoker tournament in India

2020-09-08 01:32 ET - News Release

Mr. Chris Neville reports

BLITZPOKER HOSTS LARGEST FREEROLL TOURNAMENT IN INDIA'S HISTORY AND SETS PLAYER AND REVENUE RECORDS

Blitzpoker, the Indian poker brand currently known as FTR Poker and which i3 Interactive Inc. is in the midst of acquiring interests in pursuant to the terms outlined in the previously announced press release on Aug. 10, 2020, ran the largest poker freeroll tournament in India's history on Aug. 22, 2020. The tournament attracted 9,503 registrations and offered several invaluable prizes, including a trip with Dan Bilzerian. The Indian poker brand has been an undeniable success, and the August customer acquisition numbers and daily revenue numbers have broken records for the brand.

Since the proposed acquisition of FTR Poker has been announced, Blitzpoker has increased registrations by nearly 170 per cent, first-time depositors by 127 per cent, active players by 117 per cent and gross revenue by five times. In the month of August, the Indian poker brand attracted 20,151 new customer registrations on the poker site and had 3,046 first-time depositors. In the past four months, the Indian poker site earned over $500,000 (U.S.) and attracted over 50,000 active players.

The chief executive officer of i3 Interactive, Chris Neville, was asked about the Indian market and was quoted saying: "The early numbers and results speak for themselves, and I'm extremely excited with our management team's momentum in working to finalize the acquisition of FTR Poker and to solidify the company's footing in the Indian market. Our team identified India as a key target market early in our growth strategy, and we expect continued success for the Blitzpoker brand for the foreseeable future. We have a goal of being the No. 1 poker site in India in the next 12 months."

With solid plans in place for coming TV interviews, newspaper and magazine allocations, Blitzpoker anticipates continued success into the later part of 2020. The company is excited for its planned product innovations and offerings of invaluable and unique experiences.

About i3 Interactive Inc.

The company is in the business of providing customers with an on-line and mobile gaming platform, which will provide sports fans worldwide with a unique and highly engaging social gaming product, and sports betting and casino product offering. In an effort to break into the various emerging global markets, i3 has secured partnerships with key industry contacts, including Dan Bilzerian, an internationally renowned and widely respected social media celebrity with over 50 million social media followers.

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