Rivalry Corp. (the “
Company” or
“
Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK),
the leading sportsbook and iGaming operator for Millennials and Gen
Z, today released ‘Cash & Dash,’ a new original casino game
available exclusively on Rivalry. Developed in-house by Rivalry’s
games team, the fast-paced title blends elevated graphics, unique
gameplay, and original IP to adapt the online casino experience for
the next generation of bettors and their unique entertainment
preferences.
“Online betting is still far behind other forms
of entertainment from a product standpoint,” said Steven Salz,
Co-Founder and CEO, Rivalry. “We see a growing opportunity to
create betting products that are strikingly fun, interactive, and
engaging, and our original games are a big step in that direction.
Cash & Dash, Rushlane, and other original games we currently
have in development, continue to build on a unique betting
experience exclusive to Rivalry that differentiates our product at
a time where most sportsbooks look and feel the same.”
Cash & Dash is a 3D game where players must
infiltrate a high-security bank and avoid a series of booby-traps
in order to steal the treasure and escape. Players bet the desired
amount at the beginning of each round with multipliers that
increase their winnings as they successfully navigate further into
the secured building. Cash & Dash also features an array of
Rivalry’s original IP as playable characters and more, further
bridging product, marketing, and brand across the Company.
A Media Snippet accompanying this announcement
is available by clicking on the image or link below:
As a live-service game, Cash & Dash offers
players a dynamic gaming experience where additional content and
rewards including new playable characters, custom maps, consumable
items, and more will be released through future updates and
expansions. Rivalry will also host limited-time events in
collaboration with its creator partners to drive awareness and
player engagement.
“Cash & Dash is a first-of-its-kind title
that merges online casino betting with modern video game studio
development and gameplay,” said Andre Nogueira, Senior Product
Manager, Games, Rivalry. “We’ve incorporated tried-and-true
mechanics from the games industry to add a layer of entertainment
value to the casino experience that resonates with our Millennial
and Gen Z audience.”
Cash & Dash has been developed by Rivalry’s
growing team of game developers, designers, and motion artists with
experience producing video games for publishers and studios
including Xbox, Nintendo, Ubisoft, and more. Rivalry will continue
investing in video game development and producing more first-party
games which build on the on-site entertainment experience and
create an online betting product unique to the Company.
Cash & Dash is available on desktop and
mobile in select regions and will soon roll out to all of Rivalry’s
markets globally.
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
fans. 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 also 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.
Rivalry’s sportsbook is built on a proprietary tech stack and
features a variety of originally developed products geared for
Millennial and Gen Z fans including Same Game Combos, an esports
parlay product, original casino games, and an interactive casino
platform, Casino.exe.
Company Contact:Steven Salz,
Co-founder & CEOss@rivalry.com416-565-4713
Investor Contact:Oakstrom
AdvisorsJeff Codispodiinvestors@rivalry.com
Media 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; 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 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.
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