Rivalry to Present at ICE London 2024
31 January 2024 - 11:00PM
Rivalry Corp. (the “
Company” or
“
Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK),
the leading sportsbook and iGaming operator for Millennials and Gen
Z, today announced that senior leaders from its product team will
present at the ICE London 2024 conference in London, UK on February
8, 2024.
Rivalry’s Director of Product Design, David
King, and Senior Manager of Games, Andre Nogueira, will lead a
fireside chat titled “Gen Z & Sports Betting: How to
Capture, Engage, and Entertain the Next Generation of
Fans.” The session will explore how betting products and
brands can better engage a digitally native generation of fans, who
will soon represent the gambling industry’s core demographic.
Attendees will learn how the sports betting industry can adapt its
offering to capture a cohort accustomed to real-time, interactive,
and engaging products, and why entertainment value is key in
retaining this audience.
ICE is a premier global gaming and gambling
event servicing games creators, distributors, operators,
retailers, innovators, trade associations, strategic bodies and
regulators. With more than 500 exhibitors and 30,000 visitors
expected to attend the three-day event in London, ICE continues to
be recognized as the leading gaming technology event for business
growth, development and networking. More details are available
at www.icegaming.com.
The Company also announces that, further to its
press release dated November 15, 2023, the Company has decided not
to close any further tranches of its previously announced
non-brokered private placement (the “Private
Placement”) of $1,000 principal amount 10% senior secured
convertible debentures (the “Convertible
Debentures”). The Company previously issued 14,000
Convertible Debentures for aggregate gross proceeds of $14,000,000
pursuant to the Private Placement.
About RivalryRivalry Corp.
wholly owns and operates Rivalry Limited, a leading sport betting
and media company offering fully regulated online wagering on
esports, traditional sports, and casino for the next generation of
fans. Based in Toronto, Rivalry operates a global team in more than
20 countries and growing. Rivalry Limited has held an Isle of Man
license since 2018, considered one of the premier online gambling
jurisdictions. Rivalry also holds a sports bookmaker license in
Australia and an internet gaming registration in Ontario, and is
currently in the process of obtaining additional country licenses.
Rivalry’s sportsbook is built on a proprietary tech stack and
features a variety of originally developed products geared for
Millennial and Gen Z fans including Same Game Combos, an esports
parlay product, original casino games, and an interactive casino
platform, Casino.exe.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this news release.
Company Contact:Steven Salz,
Co-founder & CEOss@rivalry.com416-565-4713
Investor Contact:Oakstrom
AdvisorsJeff Codispodiinvestors@rivalry.com
Media Contact:Cody Luongo, PR
& Communicationscody@rivalry.com203-947-1936
Cautionary Note Regarding
Forward-Looking Information and StatementsThis news
release contains certain forward-looking information within the
meaning of applicable Canadian securities laws (“forward-looking
statements”). All statements other than statements of present or
historical fact are forward-looking statements. Forward-looking
statements are often, but not always, identified by the use of
words such as “anticipate”, “achieve”, “could”, “believe”, “plan”,
“intend”, “objective”, “continuous”, “ongoing”, “estimate”,
“outlook”, “expect”, “project” and similar words, including
negatives thereof, suggesting future outcomes or that certain
events or conditions “may” or “will” occur. These statements are
only predictions.
Forward-looking statements are based on the
opinions and estimates of management of the Company at the date the
statements are made based on information then available to the
Company. Various factors and assumptions are applied in drawing
conclusions or making the forecasts or projections set out in
forward-looking statements. Forward-looking statements are subject
to and involve a number of known and unknown, variables, risks and
uncertainties, many of which are beyond the control of the Company,
which may cause the Company’s actual performance and results to
differ materially from any projections of future performance or
results expressed or implied by such forward-looking statements.
Such factors, among other things, include regulatory or political
change such as changes in applicable laws and regulations; the
ability to obtain and maintain required licenses; the esports and
sports betting industry being a heavily regulated industry; the
complex and evolving regulatory environment for the online gaming
and online gambling industry; the success of esports and other
betting products are not guaranteed; changes in public perception
of the esports and online gambling industry; failure to retain or
add customers; the Company having a limited operating history;
negative cash flow from operations; operational risks;
cybersecurity risks; reliance on management; reliance on third
parties and third-party networks; exchange rate risks; risks
related to cryptocurrency transactions; risk of intellectual
property infringement or invalid claims; the effect of capital
market conditions and other factors on capital availability;
competition, including from more established or better financed
competitors; and general economic, market and business conditions.
For additional risks, please see the Company’s annual information
form for the year ended December 31, 2022 and other disclosure
documents available on SEDAR+ at www.sedarplus.ca.
No assurance can be given that the expectations
reflected in forward-looking statements will prove to be correct.
Although the forward-looking statements contained in this news
release are based upon what management of the Company believes, or
believed at the time, to be reasonable assumptions, the Company
cannot assure shareholders that actual results will be consistent
with such forward-looking statements, as there may be other factors
that cause results not to be as anticipated, estimated or intended.
Readers should not place undue reliance on the forward-looking
statements and information contained in this news 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 the Company does not undertake to update any
forward-looking information and/or forward-looking statements that
are contained or referenced herein, except in accordance with
applicable securities laws.
No stock exchange, securities commission or
other regulatory authority has approved or disapproved the
information contained herein.
Source: Rivalry Corp.
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