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Rivalry (TSXV:RVLY) launches casino product in Ontario

Consumer, Market News, Media
TSXV:RVLY
22 March 2023 11:05 (EDT)

Source: Rivalry.

Rivalry (RVLY) has launched an original casino product in Ontario.

The offering, known as Casino.exe, debuts with a total of eight games that prioritize design, user experience, and the interests of its targeted audience of next-generation users.

Casino is contributing 30 per cent of Rivalry’s betting handle and accounted for 15 per cent of revenue in Q3 2022.

The news follows last summer’s introduction of Aviator, the company’s first-ever third-party casino game, as well as a recently added slate of table games and live dealers.

Rivalry’s next major step is launching a mobile app in Ontario to further expand its market presence.

“Launching our casino experience with a proven product that we’ve validated in our other markets is an exciting next step as we continue to grow our reach and offering in Ontario,” stated Steven Salz, Rivalry’s Co-Founder and CEO. “Casino.exe has been a catalyst for our business and a meaningful addition for our users, delivering a premium, interactive, and proprietary experience that differentiates our brand in a competitive market.”

Rivalry is a sports betting and media property offering fully regulated online wagering on esports, traditional sports, and casino for the next generation of bettors.

Rivalry (RVLY) is unchanged trading at $1.01 per share as of 10:54 am EST.


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