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RIVALRY CORP - $RVLCF STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RIVALRY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RIVALRY's position in the market.

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Rivalry Corp. announces its 2023 annual letter to shareholders and financial results for the year ended December 31, 2023, showcasing significant revenue growth, diversified product offerings, and strategic expansion plans. The company reported a substantial increase in betting handle, gross gaming revenue, and net revenue, introducing new high-margin products and expanding into new geographies. Rivalry's focus on Gen Z betting entertainment, innovative product releases, and upcoming crypto-enabled products position it well in the rapidly evolving online gambling landscape.

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Rivalry Corp. announces record financial results for FY23, with an 82% increase in betting handle, 34% revenue growth, and 66% gross profit surge. The company expands into new segments, focusing on Gen Z market leadership. FY24 shows a strong start with plans for profitability in H1 2024.
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Rivalry Corp. (RVLCF) announces Luis Gonçalves, Brazil Country Manager, will present at SBC Summit Rio conference on influencer marketing in Brazil. Rivalry plans to seek a license in Brazil's regulated betting market, leveraging its established brand identity and customer base.
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Rivalry Corp. CEO Steven Salz will present at the NEXT Summit New York 2024 conference on March 6-7, 2024, focusing on capturing Gen Z consumers in the sports betting and iGaming industry.
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Rivalry Corp. issued a letter to shareholders outlining strategic priorities for 2024, emphasizing their position as a leading sportsbook and iGaming operator for Millennials and Gen Z. The company reported substantial growth in revenue, betting handle, and gross profit for 2023, with a focus on Gen Z demographic and product innovation. Rivalry aims to maintain operating leverage, profitability, and player value focus in 2024, with plans for new original games, casino B2B opportunities, product innovation, geographic expansion, and traditional sports expansion.
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Rivalry Corp. will present insights on engaging Gen Z consumers in online sports betting at the ICE London 2024 conference. The company's product team will discuss capturing, engaging, and entertaining the next generation of fans in the gambling industry. Additionally, the company has decided not to close any further tranches of its previously announced non-brokered private placement of $1,000 principal amount 10% senior secured convertible debentures.
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Rivalry Corp. (RVLY) achieved record Q3 results with a betting handle of $105.7 million, up 50% YoY, and revenue of $8.7 million, a 22% increase YoY. Gross profit increased by 90% YoY to $4.0 million. The company also completed a $14M capital infusion and anticipates achieving profitability in H1 2024.
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Rivalry Corp. (RVLY) launches Rivalry Ultimate Fan, a free-to-play daily fantasy sports app for the 2023-24 NBA season in partnership with Low6. The app taps into the rise of trading card culture, collectibles, and pack openings, offering users a chance to win prizes, including NBA merchandise, gift cards, and more. Rivalry will also release physical Booster Packs containing custom-illustrated trading cards of NBA players, as well as collaborate with creator partners to livestream Ultimate Fan pack openings. Additionally, Rivalry will refurbish basketball courts to give back to local communities. The app will be available on iOS and Android devices in selected markets.
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Rivalry Corp. (RVLY) to Participate in 14th Annual Craig Hallum Alpha Select Conference, CEO Steven Salz to Meet with Investors. The leading sportsbook and iGaming operator for Millennials and Gen Z will present at the conference, providing an opportunity for institutional investors to engage with the company's management team and learn about its growth prospects and competitive advantage.
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Rivalry Corp. (RVLY) Announces Planned Release of Q3 2023 Financial Results and Investor Conference Call on November 29, 2023. The leading sportsbook and iGaming operator for Millennials and Gen Z expects to file its Q3 2023 results on November 29, 2023, with an investor conference call at 10:00 am EST to discuss the results. Details for the call and webcast are available on the Company’s website.
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RIVALRY CORP

OTC:RVLCF

RVLCF Rankings

RVLCF Stock Data

44.09M
45.34M
16.59%
21.18%
Casinos (except Casino Hotels)
Arts, Entertainment, and Recreation
Link
United States of America
Toronto