Welcome to our dedicated page for Rivalry news (Ticker: RVLCF), a resource for investors and traders seeking the latest updates and insights on Rivalry stock.
Rivalry Corp (RVLCF) operates at the forefront of digital sports betting and crypto gambling innovation. This page serves as the definitive source for official company announcements, financial updates, and strategic developments in Web3-enabled wagering technology.
Investors and industry observers will find curated press releases covering earnings reports, product launches, and regulatory milestones. Our collection emphasizes Rivalry's unique position in merging traditional sports wagering with blockchain-based solutions for a Gen Z-focused audience.
Key updates include expansions in crypto gambling markets, partnerships enhancing Web3 capabilities, and operational metrics demonstrating platform growth. Bookmark this page for real-time access to filings, executive commentary, and technology deployment timelines that shape Rivalry's market strategy.
Rivalry Corp. (RVLCF) has provided an update regarding the Management Cease Trade Order (MCTO) granted by the Ontario Securities Commission on May 1, 2025. The company is experiencing a delay in filing its annual financial statements, management's discussion and analysis, and related CEO/CFO certificates for FY2024. The Annual Filings are expected to be completed by June 30, 2025.
The company confirms there have been no material changes since the Default Announcement and intends to continue complying with alternative information guidelines. The MCTO will remain in effect until Rivalry resolves its filing requirements and the OSC lifts the order.
Rivalry Corp (RVLCF) has released preliminary Q1 2025 KPIs showing significant operational improvements following their strategic transformation. Key highlights include:
- Operational efficiency increased 400%, generating more net revenue per user per dollar of operating expense
- Player monthly deposits up 175% with total deposits rising 36% MoM in February and 12% in March
- Monthly deposit frequency increased 115%
- Q1 betting handle reached $58.2 million with net revenue of $1.3 million
- Net revenue margin was 2.3%, down from 2024's 4.4% due to temporary sportsbook hold fluctuations
The company has reduced monthly operating expenses by approximately $1.7 million and achieved record-high monthly betting handle per user in March 2025. Monthly active players grew 9% in March despite reduced marketing spend. In Ontario, Average Revenue Per Playing Account has nearly doubled compared to pre-overhaul levels.
Rivalry Corp (OTCQB: RVLCF) has announced a delay in filing its audited financial statements and management's discussion for the year ended December 31, 2024. The company has applied for a management cease trade order (MCTO) with the Ontario Securities Commission, which would restrict company management from trading securities until the Annual Filings are completed.
The delay is attributed to the company prioritizing its ongoing Strategic Review to maximize stakeholder value. Rivalry expects to complete both the Strategic Review and Annual Filings by June 30, 2025, missing the original April 30, 2025 deadline. The company will issue bi-weekly default status reports and confirms it is not subject to any insolvency proceedings.
Rivalry Corp (TSXV: RVLY) (OTCQX: RVLCF), a leading sportsbook and iGaming operator, has announced its Board of Directors is initiating a strategic alternatives review to maximize long-term stakeholder value. The company has engaged XST Capital Group as advisor to evaluate various growth options.
As part of this development, Rivalry has secured a US$650,000 senior unsecured loan from its existing senior lender, with a 10% annual interest rate and maturity date of September 30, 2025. The loan aims to provide additional flexibility for pursuing strategic initiatives.
Rivalry Corp (TSXV: RVLY, OTCQX: RVLCF) has announced the expansion of its cryptocurrency payment strategy, starting with the addition of $TRUMP, a Solana-based cryptocurrency, as a payment method. The company implemented this new payment option within 24 hours of the token's release on January 18, 2025.
The sportsbook and iGaming operator plans to continue adding new meme coins throughout Q1 2025, complementing its existing cryptocurrency payment options that include Bitcoin and Dogecoin. To promote the $TRUMP integration, Rivalry is offering exclusive rewards through February 1, 2025, including multiplied earnings of NUTZ, the company's native token, for customers wagering with $TRUMP.
The company views these cryptocurrency integrations as opportunities to capitalize on viral cultural moments and create marketing and revenue opportunities with minimal costs. The $TRUMP token currently has a fully diluted value exceeding USD $40 billion.
Rivalry Corp (TSXV: RVLY) (OTCQX: RVLCF) has announced the integration of $TRUMP, Donald Trump's official Solana cryptocurrency, as a new payment method on its platform. The implementation comes less than 24 hours after the cryptocurrency's release and ahead of the U.S. Presidential Inauguration on January 20th, 2025.
The $TRUMP token, currently valued at over USD $30 billion in fully diluted terms, will be available for deposits and wagering in jurisdictions under the Company's Isle of Man license. As part of the launch, Rivalry is offering special rewards through February 1, 2025, including a 20x multiplier on NUTZ (Rivalry's native token) earnings for users betting with $TRUMP.
This addition aligns with Rivalry's crypto-first approach, maintaining treasury holdings of various major cryptocurrencies and meme coins accepted on their platform. The company plans to continue expanding its cryptocurrency payment options to support its player base and growth in the crypto gambling segment.
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