VIP Entertainment Technologies Inc (TSE:VIP) has released an update.
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VIP Entertainment Technologies Inc. has announced the acquisition of a 52% stake in Item.Bet Corporation, a company specializing in software for esports and blockchain technology. The $301,600 deal enables VIP to leverage Item.Bet’s advanced software and proprietary virtual tokens, aiming to revolutionize gaming experiences and attract a new demographic. The collaboration, pending regulatory approval, is set to introduce innovative B2C, B2B, and P2P gaming platforms.
For further insights into TSE:VIP stock, check out TipRanks’ Stock Analysis page.
