Rivalry Launches Same-Game Parlays for Esports
23 Août 2023 - 1:00PM
Rivalry Corp. (the “
Company” or
“
Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK),
an internationally regulated sports betting and media company,
today announced the launch of its esports same-game parlay product,
allowing users to combine multiple bets within a single esports
match for a higher potential payout. The new product feature, which
will be known as ‘Same Game Combos’ on Rivalry, is available for
top League of Legends, Counter-Strike, and Dota 2 esports matches.
“Finding success among Millennial and Gen Z
customers means being first to introduce new sports wagering
experiences at the edge of technical and product innovation where
this audience lives,” said Steven Salz, Co-Founder and CEO,
Rivalry. “Same Game Combos brings one of the most popular bets on
the board to an audience of deeply engaged esports fans while
extending Rivalry’s position at the vanguard of betting
entertainment.”
Same Game Combos will tap into what has quickly
become one of the most popular ways to bet globally and wager of
choice for casual users seeking the experience of a small wager
that can return a large payout. The product feature, made capable
through data feeds provided by PandaScore, will lend itself to
improved player acquisition and hold across Rivalry’s core esports
betting offering, which accounted for over 90% of sportsbook handle
in 2022.
Same Game Combos will also feature custom
branding and animations to further elevate the entertainment value
on Rivalry and create a proprietary sports wagering experience
geared specifically for the next generation of fans. This includes
unique visuals and interactive elements tailored to Millennial and
Gen Z entertainment preferences.
“It's important to add depth to our products and
more options for our users,” said David King, Director of Product
Design, Rivalry. “We are building for an under-30 demographic that
have high expectations for the entertainment products they consume.
Delivering on that level of entertainment, while creating a
meaningful user experience, adds material value to the Rivalry
platform.”
Same Game Combos are available immediately to
all Rivalry users globally. The Company intends to continue
developing the product and design over time, incorporating more
depth, betting markets, and new esports titles such as Valorant and
more.
About RivalryRivalry Corp.
wholly owns and operates Rivalry Limited, a leading sport betting
and media company offering fully regulated online wagering on
esports, traditional sports, and casino for the next generation of
bettors. Based in Toronto, Rivalry operates a global team in more
than 20 countries and growing. Rivalry Limited has held an Isle of
Man license since 2018, considered one of the premier online
gambling jurisdictions. Rivalry holds a sports bookmaker license in
Australia and an internet gaming registration in Ontario and is
currently in the process of obtaining additional country licenses.
The Company also has a variety of originally developed products,
including Quest, an on-site engagement experience, a first-party
casino game called Rushlane, and a proprietary casino platform that
houses third-party games, Casino.exe.
Investor Contact:Oakstrom
AdvisorsJeff Codispodiinvestors@rivalry.com
Rivalry Contact: Cody Luongo,
PR & Communicationscody@rivalry.com203-947-1936
Cautionary Note Regarding
Forward-Looking Information and Statements
This news release contains certain
forward-looking information within the meaning of applicable
Canadian securities laws (“forward-looking statements”). All
statements other than statements of present or historical fact are
forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as
“anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”,
“objective”, “continuous”, “ongoing”, “estimate”, “outlook”,
“expect”, “project” and similar words, including negatives thereof,
suggesting future outcomes or that certain events or conditions
“may” or “will” occur. These statements are only predictions.
Forward-looking statements are based on the
opinions and estimates of management of the Company at the date the
statements are made based on information then available to the
Company. Various factors and assumptions are applied in drawing
conclusions or making the forecasts or projections set out in
forward-looking statements. Forward-looking statements are subject
to and involve a number of known and unknown, variables, risks and
uncertainties, many of which are beyond the control of the Company,
which may cause the Company’s actual performance and results to
differ materially from any projections of future performance or
results expressed or implied by such forward-looking statements.
Such factors, among other things, include regulatory or political
change such as changes in applicable laws and regulations; the
ability to obtain and maintain required licenses; the esports and
sports betting industry being a heavily regulated industry; the
complex and evolving regulatory environment for the online gaming
and online gambling industry; the success of esports and other
betting products are not guaranteed; changes in public perception
of the esports and online gambling industry; failure to retain or
add customers; the Company having a limited operating history;
negative cash flow from operations; operational risks;
cybersecurity risks; the impact of the COVID-19 pandemic; reliance
on management; reliance on third parties and third-party networks;
exchange rate risks; risks related to cryptocurrency transactions;
risk of intellectual property infringement or invalid claims; the
effect of capital market conditions and other factors on capital
availability; competition, including from more established or
better financed competitors; and general economic, market and
business conditions. For additional risks, please see the Company’s
prospectus dated September 17, 2021 and other disclosure documents
available on the Company’s annual information form for the year
ended December 31, 2022 and other disclosure documents available on
SEDAR+ at www.sedarplus.ca.
No assurance can be given that the expectations
reflected in forward-looking statements will prove to be correct.
Although the forward-looking statements contained in this news
release are based upon what management of the Company believes, or
believed at the time, to be reasonable assumptions, the Company
cannot assure shareholders that actual results will be consistent
with such forward-looking statements, as there may be other factors
that cause results not to be as anticipated, estimated or intended.
Readers should not place undue reliance on the forward-looking
statements and information contained in this news release. The
forward-looking information and forward-looking statements
contained in this press release are made as of the date of this
press release, and the Company does not undertake to update any
forward-looking information and/or forward-looking statements that
are contained or referenced herein, except in accordance with
applicable securities laws. No stock exchange, securities
commission or other regulatory authority has approved or
disapproved the information contained herein.
Source: Rivalry Corp.
Rivalry (TSXV:RVLY)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Rivalry (TSXV:RVLY)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024