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Business
April 7, 2025
Rivalry Seeks Strategic Opportunities, Initiates Review
Rivalry, a gaming company describing itself as “the leading sportsbook and iGaming operator for digital-first players,” has unveiled a new strategic initiative. According to the company, it has onboarded the services of a third-party advisory firm to explore strategic opportunities. In addition to that, Rivalry announced that it has secured a new loan. Rivalry Considers […]
Business
October 8, 2024
Rivalry Further Shrinks Its Workforce amid Strategic Refocus
Rivalry, a next-gen sports betting and media company, announced that it has laid off 28 employees, including its global marketing director. The new redundancies are a part of a company restructuring, according to EGR. Another Few Dozen Employees Have Been Dismissed As reported, the restructuring comes amid Rivalry’s shift toward the crypto betting sector. Earlier […]
Business
August 29, 2024
Rivalry Publishes Strong Q2 Results, Plans VIP and Crypto Investments
Rivalry, the leading sportsbook and iGaming operator for Gen Z, has published its financial report for the second quarter of the year, highlighting a jump in net revenue. The company attributed the favorable figures to its successful margin growth efforts. Rivalry Publishes Favorable Q2 Results In Q2, Rivalry handled CAD 87.8 million ($65.1 million) in […]
Industry
July 1, 2024
Rivalry Parts Ways with Nearly 30 Employees
Earlier this year, Rivalry, the globally licensed sportsbook and industry underdog built to revolutionize the betting and entertainment sector, announced its intention to continue growing by securing new business-to-business (B2B) licenses and expanding its crypto options. The move signaled the company’s plan for expansion and the scaling up of its operations. Yet, in an unexpected […]
Business
April 8, 2024
Rivalry Is Interested in B2B Licenses and More Crypto Options
In February, the globally licensed sportsbook and industry underdog built through the love of gaming and internet culture, Rivalry, announced plans for a strategic expansion as a result of the success recorded by its in-house online casino. Now, the company that wishes to “establish the future of betting entertainment for the next generation of consumers […]
Business
February 6, 2024
Rivalry Eyes Strategic Expansion Following In-House Online Casino Success
Rivalry’s newest press release highlighted its ambition to redefine the future of online betting for the digitally native generation. Exiting 2023 as a transformed entity, the company has ventured into new verticals, broadening its scope. These efforts can lead to new B2B licensing opportunities, delivering lasting value and enabling further growth. Success across Multiple Verticals […]
Business
January 2, 2024
Amanda Tersigni Departs Rivalry after Three-Year Tenure
During her three years at Rivalry, Tersigni contributed to the company’s impressive growth as it prepares for another successful year. The former Director of Product’s time with the operator was a significant boon to her career, seeing her reach new professional heights. Tersigni did not share any specific plans going forward but used the opportunity […]
Business
November 15, 2023
Rivalry Secures $10M Investment from a Shareholder
Rivalry, a leading iGaming and online sports betting company, has secured a CAD 14 million (roughly $10.23 million) investment for an undisclosed existing institutional shareholder. The agreement represents a non–brokered private placement offering of convertible debentures under which each convertible debenture will consist of CAD 1,000 principal amount of 10% senior secured convertible debentures of […]
Sports
November 14, 2023
Rivalry Launches Ultimate Fan, an NBA-Focused Fantasy Game
Rivalry Corp, a leading iGaming and online sports betting operator among younger players, has teamed up with innovation and gamification specialist Low6 to release a new NBA fantasy game. The new title is called Rivalry Ultimate Fan and comes just in time for the NBA season. According to the announcement, the newly launched title taps […]
Business
October 10, 2023
Rivalry Enhances Casino.exe Offering with Slots Category
Online sports and esports betting leader Rivalry has diversified its product offering, adding a custom-branded slots category to its Casino.exe platform. The move seeks to capitalize on the popularity of slot games and allow the operator to engage more players. According to the announcement, Rivalry’s plan is to add more than two dozen best-in-class slot […]
