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Rivalry: The Casino Site That Offers A World Of Fun And Wins In India
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This cookie is installed by Google Analytics. The cookie is used to store information about how visitors use the website and helps to create an analytics report on how the website is performing. The data collected includes the number of visitors, the source they come from and the pages visited in an anonymous form. Rivalry deepens its casino product offering by adding table games and a collection of single-player, live dealer and multiplayer games built into the proprietary Rivalry Casino.exe platform to deepen user engagement through social and interactive gaming
TORONTO, Jan. 30, 2023 (GLOBE NEWSWIRE) – Rivalry Corp. (“Company” or “Competition”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), an international sports betting and media company, today announced the expansion of its casino offering with a roster of eight new games including roulette, blackjack, baccarat and others. This includes a variety of single player table games as well as live dealer and multiplayer offerings to be added to Rivalry’s proprietary casino product, Casino.exe.
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“Our entry into the casino segment last year provided valuable business diversification, adding additional revenue while reducing the impact of seasonality on sports betting, improving margin stability and continuing to promote the economic viability of customer units,” said Steven Salz, Rivalry Co. – founder and president. “We anticipate this expansion of our casino offering will further increase revenue potential and increase our user engagement with a curated list of games tailored to our demographic.”
The continued expansion of Rivalry’s casino gaming portfolio followed the launch of its first product offering, Aviator, last summer, followed by the addition of four new games in November. The casino has already generated an immediate significant impact for the company since its launch, generating 30% of wagers and 15% of revenue in the third quarter of 2022 with minimal marketing effort.
“Our strategic approach to customer engagement can be seen in our range of casinos and gaming packages, leveraging product innovation to create a personalized and proprietary experience that is specifically tailored to our demographic ‘users’,” continued Salz. “This strategy has allowed Rivalry to differentiate itself from the competition and meet evolving consumer demands with curated, fun and social experiences. This approach is evident in our game selection, prioritizing interactive and multiplayer titles that are at odds with traditionally muted casino games. and are better equipped to serve our audience.”
All eight newly added games will be hosted on Casino.exe, a unique casino user interface designed to provide fun and interactive gameplay unique to Rivalry. The company will continue to develop Casino.exe with new features and the release of additional games developed by third parties and for the Internet-born generation of gamers.
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The casino offering is available online in Isle of Man licensed markets, with an Ontario casino expected to launch in the coming months.
Rivalry Corp. is wholly owned and operated by Rivalry Limited, a leading sports betting and media company offering fully regulated online sports, traditional sports and casino betting to a new generation of players. Headquartered in Toronto, Rivalry has a global team in over 20 countries and continues to grow. Rivalry Limited has been licensed in the Isle of Man since 2018, considered one of the leading online gambling jurisdictions. Rivalry has a sports betting license in Australia and an online gaming registry in Ontario, and is currently in the process of obtaining licenses from other countries. The company also has a number of originally developed products, including Quest, an on-site engaging game, and an original casino game called Rushlane, a proprietary casino game that sets a new category for online gaming. : Online Multiplayer Gambling Games. (MMOGG).
This press release contains certain forward-looking information as defined in applicable Canadian securities laws (“forward-looking statements”). All statements that are not statements of current or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “try”, “target”, “continue” . , “in progress”, “estimate”, “prospects”, “expect”, “project” and similar words, including negative ones, implying future results or certain events or conditions “may” or “occur”. These statements are only predictions.
Forward-looking statements are based on the opinions and estimates of the Company’s management as at the date of the statements, based on the information available to the Company at the time. Various factors and assumptions are used to draw conclusions or make predictions or predictions contained in forward-looking statements. Forward-looking statements are subject to many known and unknown variables, risks and uncertainties, many of which are beyond the Company’s control, which could cause the Company’s actual results and results to differ materially from any expectations regarding future performance or performance expressed or implied in these statements. forward-looking statements. These factors include, but are not limited to, regulatory or policy changes, such as changes in applicable laws and regulations; the ability to obtain and maintain the required licenses; sports and the sports betting industry is a highly regulated industry; the complex and evolving regulatory environment for the online gambling industry; the success of sports products and other betting products is not guaranteed; changes in the public perception of the sports and online gaming industry; stop or add customers; the company has a limited operational history; negative cash flows from operating activities; operational risk; cybersecurity threats; the impact of the COVID-19 pandemic; dependence on management; reliance on third parties and third party networks; exchange rate risk; risks related to cryptocurrency transactions; risk of intellectual property infringement or unfounded claims; the impact of capital market conditions and other factors on the availability of capital; competition, including from more established or better funded competitors; and general economic, market and business conditions. Additional risks can be found in the Company’s prospectus dated September 17, 2021 and in other information documents available on the Company’s SEDAR profile at www.sedar.com.
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There can be no assurance that the expectations reflected in the forward-looking statements will be correct. While the forward-looking statements contained in this press release are based on what the Company’s management believes or believed at the time to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such assumptions. as there may be other factors that cause the results to differ from the projected estimates
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