Tag Rivalry

Rivalry Bolsters App by Adding New Games and Casino.exe - Casino Reports 8Sep
By Daniel Thompson 0 Comments
Rivalry Bolsters App by Adding New Games and Casino.exe – Casino Reports

Corporation announced that it will be upping its offerings on its premium product suite, by launching its cutting-edge on its iOS mobile app in . The product is a proprietary casino platform which combines '90s nostalgia with interactive entertainment. But that is not all, as the iGaming operator also said it will be launching eight new .

Rivalry Corp. owns Rivalry Limited which is a top online sports and media company with licenses in the Isle of Man, Australia, and Ontario. Its premium sportsbook offers original products like Same Game Combos and Rushlane casino games, catering to Millennial and Gen Z fans, positioning it as a leading I Gaming in the online wagering sector.

Enhancing Player Experiences

CEO and Co-Founder of the company, Steven Salz, said that since the of its Casino.exe in 2022, the company has diversified its revenue mix and enhanced its wagering handle. He added that the new announcement will incorporate greater access to the operator's exclusive casino platform and will upgrade a unique offering by providing more games and variety.

Now, players in Ontario, Canada, where the company runs iGaming, will be able to access its Casino.exe via the operator's iOS mobile app, which launched in May 2023 with and traditional sports betting. Since the debut of the app in the Heartland Province, the company has recorded a 15% month-over-month increase in betting volume and a surge of new players.

In addition to that, the leading Millennial and Gen Z iGaming brand also reported that it has now premiered eight new games on Casino.exe, including a mix of game shows, table games, and instant games. This latest update should provide more game variety to the company's iCasino offering as it continues on its growth trajectory across regulated markets.

Lastly, Mr. Salz noted that Casion.exe has made a claim for the future of online gambling and how the industry can push the traditional online betting experience to a new level of fun and engagement for a demographic that demands it. He shared that the company and its team are thrilled about making its product available to more Ontarians and continuing to expand its offering for all users.

Recapping Q2 of 2023

Just last week, Rivalry issued its financial highlights report for the second quarter of 2023. revealed that the betting handle for Q2 of 2023 reached CA$112.2 million, which was a noteworthy 192% increase or CA$73.8 million from CA$38.4 million in 2Q22. In Q2 2023, the company also reduced marketing spend by 6% in comparison to the same period in 2022.

Also, the operator disclosed that in Q2, revenue hit CA$8.5 million, which was an all-time high for the second quarter. Hence, amounting to an increase of CA$3.2 million or 60% from CA$5.3 million over Q2 last year. Gross profit accounted for CA$3.8 million from the previous CA$1.8 million, meanwhile, net loss hit CA$6.3 million from the preceding CA$6.2 million.

Source: “Rivalry Enhances Casino Product Suite with Eight New Games and Casino.exe Mobile App Launch” Rivalry, September 6, 2023

#Rivalry # #App # #Games #Casino.exe #Casino #Reports

Rivalry Recaps Financial Highlights from Q2 2023 - Casino Reports 30Aug
By Daniel Thompson 0 Comments
Rivalry Recaps Financial Highlights from Q2 2023 – Casino Reports

Following its recent launch of same-game parlays on , leading sports and media company, , has issued its financial for the second quarter of 2023. In its report, the firm disclosed a betting handle of CA$112.2 million, an impressive 192% improvement over Q2 of 2022. It also provided revenue guidance for the first half of next year.

Rivalry Corp. runs Rivalry Limited, a leading global sports betting and media firm. It provides regulated online betting on eSports, sports, and . Based in Toronto, it operates across over 20 countries, holding licenses from Isle of Man, Australia, and Ontario. Some of its most prominent products include its Quest, Rushlane, and Casino.exe.

Fiscal Highlights from Q2

With its financial report, Rivalry revealed that the betting handle for Q2 of 2023 reached CA$112.2 million, which was a noteworthy 192% increase or CA$73.8 million from CA$38.4 million in 2Q22. In Q2 2023, the company also reduced marketing spend by 6% in comparison to the same period in 2022. Its online casino segment contributed to CA$57.5 million from the total handle.

Furthermore, the operator disclosed that in Q2, revenue hit CA$8.5 million, which was an all-time high for the second quarter. Hence, amounting to an increase of CA$3.2 million or 60% from CA$5.3 million over Q2 last year. Gross profit accounted for CA$3.8 million from the previous CA$1.8 million, meanwhile, net loss hit CA$6.3 million from the preceding CA$6.2 million.

The sports betting and media company also informed that its operational expenses were almost minimal in Q2 while delivering triple digits in year-over-year growth in wagering handle every quarter. If the operating leverage trend continues in pair with concerted efforts to increasingly stabilize margin at scale, the firm will be able to provide H1/24 profitability guidance.

Another important highlight from Q2 of 2023 was the official of its market-leading mobile eSports betting in the Province of Ontario. This was possible after the firm was licensed by the Alcohol and Gaming Commission of Ontario to join its regulated iGaming sector. Last but not least, the company reported CA$14 million of cash and no debt at the end of Q2.

First Corporation to Launch Same-Game Parlay on eSports

Last week, Rivalry made another huge announcement, as the prominent eSport firm became the first one to launch an eSports same-game parlay product. The new vertical will allow its players to merge bets in a single digital sports match for a better payout. Branded Same Game Combos, the product is available in League of Legends, Counter-Strike, and Dota 2 matches.

Same Game Combos will also come with custom branding and animations to enhance entertainment levels on the iGaming platform and establish a proprietary sports betting experience designed for the next generation of bettors. It features new unique visuals and interactive elements adjusted to appeal to Millennial and Gen Z audiences and their preferences.

Source: “Rivalry 192% Growth in Handle and 60% Growth in Revenue for Q2 2023, Projects Profitability in H1 2024” Rivalry, August 29, 2023

#Rivalry #Recaps #Financial #Highlights #Casino #Reports

Rivalry Implements eSports Same-Game Parlay Betting - Casino Reports 24Aug
By Daniel Thompson 0 Comments
Rivalry Implements eSports Same-Game Parlay Betting – Casino Reports

Corporation, a leader in and traditional sports , has recently announced the implementation of its eSports same-game product. The new vertical will allow its players to combine bets in a single digital sports match for a better payout. Titled Same Game Combos, the product is available in League of Legends, Counter-Strike, and Dota 2 matches.

The corporation owns and runs Rivalry Limited, which is a top sports wagering and media firm that provides regulated online wagering on esports, traditional sports, and casinos for the next generation of bettors. Situated in Toronto, , the company operates in more than 20 countries around the globe, while touting an Isle of Man license and a sportsbook one in Australia.

The First Company to Offer Such Product

Steven Salz, Co-Founder and CEO of the corporation, briefed that the company is focused on Millennial and Gen Z demographics, therefore, it needs to be the first to find new sports wagering experiences. In his words, Same Game Combos will deliver one of the most popular betting options to audiences of passionate eSports fans while cementing the company's top position in the sector.

Its new same-game parlay will take advantage of one of the most popular ways of wagering across the globe and a popular wager of choice for casual players who wish to place a small with a big return. Developed with data feeds by PandaScore, the product will lend itself to improved player acquisition and hold across the company's main eSports betting, which amounts to 90% of its sportsbook activity in 2022.

Same Game Combos will also come with custom branding and animations to enhance entertainment levels on the iGaming platform and establish a proprietary sports betting experience designed for the next generation of fans. It will feature new unique visuals and interactive elements adjusted to appeal to Millennial and Gen Z audiences and their preferences.

In its press, the company informed players that its new same-game parlay is now available to users of its platform worldwide. Meanwhile, the operator wishes to resume the development of the product and design in the future. This will be done by implementing more depth, betting markets, and new eSports titles such as Valorant and more.

Working on Ontario Operations

Rivalry is one of the Ontario-licensed operators in the province, allowing it to conduct legal iGaming operations. In March 2023, the company debuted its .exe in the jurisdiction with eight titles. Back then, Mr. Salz said the launch in Ontario with the firm's proven product was a thrilling new step forward for it to grow its presence and brand in the province.

A few months later, in June 2023, the local gaming firm also brought a mobile esports betting into the province's iGaming sector. Now online in the province, the app will provide another layer of accessibility to the company's product while also providing eSports betting to broader audiences. This way the company will be able to expand its footprint in the province.

Source: “Rivalry Launches Same-Game Parlays for Esports” Rivalry Corp, August 23, 2023

#Rivalry # #eSports # #Parlay #Betting #Casino #

Rivalry Mengumumkan Debut Resmi Ontario - Laporan Kasino 23Mar
By Daniel Thompson 0 Comments
Rivalry Mengumumkan Debut Resmi Ontario – Laporan Kasino

Minggu ini, perusahaan media dan taruhan olahraga yang berbasis di melaporkan bahwa mereka telah mendapatkan persetujuan untuk bergabung dengan pasar provinsi yang diatur untuk perjudian online. Sekarang, merek taruhan akan dapat memperkenalkan produk iGaming di Ontario melalui platform .exe. Peluncurannya akan didukung oleh pengenalan 8 permainan untuk dinikmati pemain lokal.

Rivalry Corp. memiliki dan mengoperasikan Rivalry Limited, taruhan olahraga terkemuka dan merek media yang menawarkan taruhan online teregulasi di seluruh , olahraga tradisional, dan kasino. Perusahaan saat ini beroperasi di lebih dari 20 yurisdiksi di seluruh dunia, termasuk memegang lisensi di Isle of Man, satu di Australia dan sekarang di kantor pusatnya di Ontario.

Ekspansi ke wilayah lokal Anda

Co-founder dan CEO operator Steven Salz mengatakan peluncuran di Ontario dengan produk perusahaan yang telah terbukti langkah maju baru yang menarik untuk menumbuhkan kehadiran dan mereknya di provinsi ini. Dia menambahkan bahwa telah menjadi vertikal yang signifikan dalam bisnis perusahaan dan merupakan tambahan penting bagi penggunanya sambil memberikan pengalaman yang unggul, menjadikannya menonjol di pasar yang kompetitif.

Tahun lalu, operator meluncurkannya permainan kasino pihak ketiga pertama Penerbang dan sejak itu menambahkan lebih banyak kualitas pada penawaran iGaming-nya. Memperkenalkan platform berpemilik untuk menyelenggarakan game dan menciptakan pengalaman bermain game khusus yang unik untuk mereknya, serta menawarkan game meja dan produk dealer langsung. Sejak diluncurkan, iGaming menyumbang 30% dari penanganan taruhannya pada Q3 2022.

Mr Salz lebih lanjut berkomentar bahwa perusahaan telah mengambil pendekatan strategis untuk kasino yang memprioritaskan desain, pengalaman pengguna dan pemilihan permainan yang dikembangkan secara selektif. untuk pengguna generasi berikutnya. Dia menyatakan bahwa operator terus menyelidiki kekuatan yang mendefinisikan bisnis melalui inovasi, berinvestasi dalam pengalaman pengguna yang unik, dan menambahkan hiburan ke platformnya.

Peluncuran penawaran perjudian online Rivalry di pasar yang diatur Ontario datang pada saat pasar terus berkembang setiap bulan. Setelah memperkenalkan delapan permainan kasinonya, operator lokal juga berencana untuk melakukannya meluncurkan aplikasi seluler untuk kenyamanan pengguna di provinsi, sehingga semakin memperkuat tempatnya di sektor lokal.

Sorotan Ontario

Seperti yang disebutkan, pasar Ontario telah mengalami pertumbuhan yang luar biasa karena pada kuartal ketiga tahun 2022, pasar melihat pertumbuhan volume dan pendapatan taruhan yang luar biasa dibandingkan dengan kuartal kedua. Untuk kuartal ketiga, provinsi melaporkan, 11,530 juta dolar Kanada dalam penanganan taruhan total dan pendapatan CA$457 juta. Pasar memiliki sekitar 910.000 akun pengguna aktif dengan pengeluaran bulanan rata-rata sebesar CA$167.

Namun, baru-baru ini coolbet menyampaikan kabar memprihatinkan di sektor tersebut, sejak operator hengkang dari provinsi tersebut. Hal ini menimbulkan kekhawatiran di arena permainan lokal, karena banyak lisensi operator yang berakhir April ini, yang berarti mereka juga berada di ambang kepunahan. Operator mengutip daya saing pasar sebagai alasannya dan sekarang akan fokus pada yurisdiksi lain.

Sumber: “Rivalry meluncurkan produk kasino asli di Ontario” Persaingan22 Maret 2023

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