Amax International agrees to buy Forenzia to gain Vanuatu gaming rights

    Amax International says it signed a letter of intent to buy 60 percent of British Virgin Islands-based Forenzia Ltd, which has an interactive gaming license in Vanuatu. Amax said the acquisition will allow it to diversify its income stream and expand its gaming business. The purchase price will be set after the company carries out due diligence procedures.