Rivalry: The Casino Site That Offers Something For Everyone In India – Rivalry deepens the casino’s product offering by adding table games and a collection of singles, live dealer and multiplayer games included in the Standard Casino.exe Rivalry license to deepen user engagement through social and interactive learning.

TORONTO, Jan. 30, 2023 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY ) (OTCQX: RVLCF ) (FSE: 9VK ) is a global organized sports betting and media company. , today announced the expansion of its casino offering with eight new games including roulette, blackjack, baccarat and more. This includes a number of single player table games as well as a live dealer and multiple offers in addition to Rivalry’s flagship casino product, Casino.exe.

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“Our entry into the casino sector last year made a huge difference in the industry, adding additional revenue while reducing the time impact of sports betting, improving sustainability and continuing to support the consumer economy,” said Steven Salz, Rivalry Co-Founder and CEO . “We expect this expansion of our casino offering to increase revenue and drive engagement for our users with a game list tailored to our demographic.”

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The continued expansion of Rivalry’s portfolio of casino games follows the launch of its first product offering, Aviator, last summer, followed by the addition of four new games in November. Since its launch, the casino has transferred material stakes in the company, representing 30% of the gaming handle and 15% of the profit in Q3 2022 with a small volume of sales.

“Our strategic approach to customer engagement can be seen in our casino offering and our game suite, leveraging innovative products to create a personalized and exclusive experience based on our core user base,” continued Salz. “This strategy has allowed Rivalry to differentiate itself from the competition and meet customer needs with a positive, fun and social experience. This focus is reflected throughout our selection of games. It features interactive and multiplayer titles that match and better serve the muted casino gaming experience. our target audience.

All eight new games will be installed on Casino.exe, a first-of-its-kind casino user interface designed to provide a fun and interactive gaming experience unique to Rivalry. The company will continue to develop Casino.exe with new features and release third-party and proprietary games developed for the next generation of born-online players.

The online casino offering is available in Isle of Man Company licensed markets, with a launch in Ontario in the coming months.

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Rivalry Corp. 100% owned and operated by Rivalry Limited, a leading sports betting and media company offering full control of online sports betting, traditional sports and casinos to the next generation of contenders. Headquartered in Toronto, Rivalry operates a global team in over 20 countries and continues to grow. Since 2018, Rivalry Limited has been licensed by the Isle of Man, which is considered one of the leading authorities in online gambling. Rivalry has a sports betting license in Australia and an online gaming registry in Ontario and is in the process of acquiring licenses for other countries. The company has also developed a number of products including Quest, an immersive on-site experience, and an original casino game called Rushlane, a proprietary casino game that represents the creation of a new category for online gambling: Massively Multiplayer Online Gambling Games. (MMOGG).

This report contains certain forward-looking statements within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than current or historical statements are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “may”, “believe”, “plan”, “intend”, “goal”, “continue”, “ongoing”, ​​”opinion”, “outlook”, “expect”, “project” and similar words, including negative ones, refer to future results Now some events or methods “happen” and “will”. This information is only an estimate.

Forward-looking statements are based on the opinions and judgments of the Company’s management as of the date these statements are made, based on information available to the Company. Various factors and assumptions are used in making decisions, making forecasts or projections contained in forward-looking statements. The forward-looking statements below involve a number of known and unknown factors, variables, risks and uncertainties, many of which are beyond the Company’s control, which could cause the Company’s performance and results to differ materially from future projections. performance or results expressed or implied by these forward-looking statements. These factors include, but are not limited to, legal or policy changes, such as changes in applicable laws and regulations; ability to obtain and maintain required licenses; the sports betting and gambling industry is a regulated industry; the complex and evolving regulatory environment for online gambling and the online gambling industry; The success of sports and other gambling products is not guaranteed; changes in public perception of sports and the online gambling industry; inability to retain or add clients; the company’s operating history is limited; negative cash flows from operations; operational risk; cyber security risks; the impact of the COVID-19 pandemic; trust in management; reliance on third parties and third party networks; payment problems; issues related to cryptocurrency transactions; risk of intellectual property infringement or invalidity claims; the impact of capital market conditions and other factors on the availability of capital; competition, including established or better-funded competitors; and general economic, market and business conditions. For additional risks, see the Company’s announcement dated September 17, 2021 and other information available on SEDAR at www.sedar.com.

There can be no assurance that the expectations expressed in the forward-looking statements will be accurate. Although the forward-looking statements contained in this press release are based on the opinions of the Company’s management or are believed to be correct at the time, the Company cannot make any guarantees to shareholders. if actual results will be consistent with such forward-looking statements because there may be other factors that cause results to differ from expectations, estimates or assumptions. Readers should not place undue reliance on the information or statements contained in this press release. The forward-looking statements and forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statements or forward-looking statements contained herein. except in accordance with applicable safety regulations. Tournament, an online platform for sports betting and sports betting, plans to launch its events at the Toronto … [+] Gaming Exchange in October.

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Rivalry Limited, an online and sports betting platform, plans to go public by listing its shares on the Toronto Stock Exchange in October.

The Toronto-based company earlier this month raised $22 million in so-called underwriting financing led by Eight Capital and Cormark Securities Inc., two Canadian firms. According to the bank’s conditions, this money will remain in the bank for 120 days. The funds will be provided to Rivalry if the company lists its stock at that time, or returned to investors if the deal does not close.

The new funding comes on top of $21.5 million earlier this year and values ​​the company at $150 million, according to Steven Salz, Rivalry’s CEO, who founded it in 2018.

85 percent of its sales and revenue comes from competition, with people betting on events related to League of Legends, Counter-Strike and Dota 2. The remaining 15 percent comes from sports betting, which was introduced last year. His favorite sports are basketball and football. The company also launched Rushlane, a multiplayer and interactive casino game, last month.

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Rivalry holds a betting license through the Isle of Man and can accept bets from anywhere in the world without a local licence. The company claims to have more than 450,000 users, more than 90 percent of whom are under the age of 30, as eSports attracts a younger crowd than traditional sports betting. The company’s largest markets are Brazil, Chile, Mexico, Peru, the Philippines, Russia and Ukraine.

However, Rivlary’s license does not allow Rivalry to operate in 30 countries, including the US, that have legal access to sports and games since the Supreme Court struck down the Professional Sports and Amateur Competition Act of 1992 in May 2018.

Rivality has no plans to apply for a license in the U.S. recently. Instead, we hope to partner and work with an established operator under the contract signed by Penn National Gaming Inc. two years ago with Toronto-based sports media and betting company theScore. Through this agreement, TheScore paid an upfront fee to operate online sportsbooks in countries where Penn National had a license, while Penn National also acquired an equity interest in TheScore.

“I don’t think we’re going to go to (the U.S.) by getting a separate license ourselves,” Salz said. “If you’re a traditional sportsbook and you’re going to be a 34- or 35-year-old bettor, you have to be in the US. This is the last great defense

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