Yes, loots is in the scrabble dictionary

...and is worth 6 points by itself.

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Loots Definition

verb

Third-person singular simple present indicative form of loot.
from the English-language Wiktionary

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Top Words by points

Points

lotos

5

2 letter words with LOOTS

Points

to

2

os

2

lo

2

so

2

3 letter words with LOOTS

Points

loo

3

lot

3

too

3

sot

3

oot

3

sol

3

4 letter words with LOOTS

Points

oots

4

tool

4

soot

4

solo

4

slot

4

lots

4

loto

4

lost

4

loot

4

loos

4

5 letter words with LOOTS

Points

lotos

5

loots

5

sotol

5

stool

5

tools

5

Found 25 words in 0.1458 seconds