Rivalry: The Casino Site That Offers Something For Everyone In India

Rivalry: The Casino Site That Offers Something For Everyone In India – Rivalry is expanding its casino product offering by adding table games and a live dealer collection of single player, live dealer and multiplayer games integrated with Rivalry’s proprietary Casino.exe platform to engage users through social and captivate interactive gaming experiences.

TORONTO, Jan. 30, 2023 (GLOBE NEWSWIRE) — Rivalry Corp. (“we” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), today’s internationally regulated sportsbook and media company, announced that it has added eight new games to its casino offering, including roulette , Blackjack, Baccarat, etc. It includes a variety of single player table games, as well as live dealer and multiplayer services.

Rivalry: The Casino Site That Offers Something For Everyone In India

“Last year’s entry into the casino segment brought valuable diversification to the business, reducing the seasonal impact of sports betting, improving margin stability and further driving profitable profitability per customer. We’ve increased our sales in the process,” said Steven Salz Rivalry Co. Founder and CEO. “We anticipate that this expansion of our casino offering will further increase our earning potential and drive sustained engagement from our users with a demographically curated roster of games.”

Rivalry Deepens Casino Product Offering With Addition

The continued expansion of Rivalry’s casino games portfolio comes with the addition of four new games in November following the launch of their first product, Aviator, last summer. The casino has had a direct and significant impact on the business since its inception, contributing 30% of bet settlements and 15% of revenue in Q3 2022 with minimal marketing effort.

“Our strategic approach to customer retention is reflected across all of our casino products and gaming suite, leveraging product innovation to create customized and unique experiences specifically for our key demographics,” Salz continues. “This strategy has allowed Rivalry to differentiate itself from its competitors and meet changing consumer demands with curated and fun social experiences. In contrast, it’s found across the gaming selection, with interactive and multiplayer titles having better facilities be prioritized to serve their audience.”

All eight newly added games are housed in Casino.exe, a unique casino user interface designed to establish Rivalry’s uniquely fun and interactive gaming experience. We continue to develop Casino.exe with the release of new features and additional games from third party and in-house developed games for generations of internet born players.

The casino offering is available online at the marketplace, which operates under the company’s Isle of Man license, with an expected launch in Ontario in the coming months.

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Rivalry corp wholly owns and operates Rivalry Limited, a leading sportsbook and media company offering fully regulated online betting on esports, traditional sports and casinos for the next generation of bettors. Based in Toronto, Rivalry operates a global team in over 20 countries and continues to grow. Rivalry Limited has held an Isle of Man license since 2018 and is recognized as one of the leading online gambling jurisdictions. Rivalry is licensed as a sports bookmaker in Australia and registered for online gaming in Ontario and is currently in the process of obtaining additional country licenses. The company has also independently developed original casino games such as Quest, an on-site interaction experience, and Rushlane, a proprietary casino game that marks the creation of a new category of online games, Massively Multiplayer Online Gambling Games. We have various products. (MMOG).

This press release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements, other than statements of current or historical fact, are forward-looking statements. Forward-looking statements are often, but not always, “anticipate,” “achieve,” “may,” “believe,” “plan,” “intend,” “continuous,” etc., “progress,” “estimate,” “project” , “expect,” “predict,” and similar words, including their negative forms, future outcomes or that a particular event or condition will “occur,” implying that it may” or “will occur.” “. These statements are only predictions.

Forward-looking statements are based on the opinions and estimates of our management at the time they are made based on the information available to us at that time. Various factors and assumptions are used to draw conclusions or create the projections or projections made in the forward-looking statements. Forward-looking statements are subject to and involve many known and unknown variables, risks and uncertainties. Many of them are beyond our control and our actual performance and results may differ materially from future projections. performance or results expressed or implied by such forward-looking statements; Such factors include, but are not limited to, regulatory or policy changes, such as B. Changes in applicable laws or regulations. Ability to obtain and maintain required licenses. The esports and sports betting industry is a highly regulated industry. The complex and evolving regulatory environment of the online gambling and online gaming industry. The success of Esports and other betting products is not guaranteed. The changing public perception of the esports and online gambling industry. Failed to keep or add customers. The company has a limited operating history. Negative operating cash flow. operational risk; cyber security risk; Effects of the COVID-19 pandemic. trust in management; Reliance on Third Parties and Third Party Networks. currency risk; Risk associated with cryptocurrency trading. Risk of Intellectual Property Infringement or Invalid Claims. the effect of capital market conditions and other factors on the availability of capital; Competition, including established or better funded competitors. 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 SEDAR profile at www.sedar.com.

There can be no assurance that the expectations reflected in any forward-looking statements will prove to be correct. The forward-looking statements contained in this press release are based on what our management believes to be reasonable assumptions or believed at the time, but actual results may differ from such forward-looking statements. We cannot assure our shareholders that any forward-looking statements will correspond to them to match. There may be other factors that cause results that are not expected, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this press 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 we undertake no obligation to update our forward-looking statements. Betting and media company Rivalry has released a new annual report outlining the esports betting industry for 2022. This includes most of the betting titles for segmenting trends for 2023. , more. This report contains internal data and comments on the segment.

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According to the report, League of Legends, Counter-Strike: Global Offensive and Dota 2 are the top esports titles this year. Combined, these three games accounted for around 90% of all eSports bets placed on Rivalry that year.

But outside of the “Big 3,” Riot Games’ FPS hit Valorant is growing fast, becoming what Rivalry calls a “serious betting contender,” up 264% year over year. “Again, given the similarities to Counter-Strike and the established betting culture that surrounds it, this is not surprising,” the company added.

As for other emerging games, Mobile Legends: Bang Bang rounded out the rankings, overtaking Starcraft 2 last year to become the 5th most played esports game and the first mobile game to make the top 5. The majority of ML:BB betting in 2022 took place in Southeast Asia.

Rivalry also provided insights into the top esports titles by region in 2022. Regionally, the “Big 3” continue to dominate the ranking. CS:GO was most widely used in Australia, Canada and other countries. League of Legends reached #1 in Latin America. For some of that, Southeast Asia has opted for Dota 2.

Business Of Esports

Further research shows that live betting is preferred over pre-match betting for e-sports betting. Of all esports bets placed on Rivalry this year, 62% were made during the game compared to 38% before the game. Rivalry notes that this increase in in-play betting reflects the experience and growth of the traditional sports betting category, and Rivalry expects this trend to continue.

The report also looks at crossovers with traditional sports and shows which are the most popular sports among esports bettors. The top 5 are basketball, football, American football, baseball and hockey. According to Rivalry, by 2022 more than 50% of branded esports bettors will also be betting on traditional sports.

As for what to expect in 2023, Rivalry said it could finish in the top three next year given annual growth in Valorant’s betting volume from a staggering 264% in 2022. I am here. The company also forecasts continued growth in mobile games, which it describes as “the fastest growing segment in the gaming industry.” The company added mobile gaming to its sportsbook offering in March to capture a burgeoning market.

“2022 has been an incredible year for Rivalry and an equally exciting year for the larger eSports betting segment.”

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