As such, the Company sees a significant potential growth opportunity with the addition of a third-party casino offering for the first time. Up until now, Rivalry has focused on building an industry leading esports betting experience, traditional sports betting offering, and its innovative Massively Multiplayer Online Gambling Games (“MMOGG”) category, beginning with Rushlane. The multiplayer format and ability to interact with other players offer a social aspect, in contrast with traditional online slot and casino games whose solitary experience is less appealing to the younger demographic.įor many online betting companies, casino represents one of their largest single verticals in terms of betting handle and revenue. Aviator is great on mobile and desktop with a simple user interface and fast game sessions. Driven by a provably fair random number generator, the game is risky but offers the possibility of high payout. Players who “cash out” on time win their bet at that multiplier, while those who wait too long do not. The premise of Aviator is a plane that takes off and flies higher and higher, with the bet multiplier constantly increasing until the moment the plane flies away. Aviator is a great selection as our first-ever third-party casino game, as it is simple, fun, easy to learn, and has a live chat element that aligns with our focus on community.” “With a strong foundation in esports betting and a growing traditional sports business, offering casino in an authentically Rivalry way is the next step for us. “Our strategy is to continuously expand our product offering and provide our customers with fresh content that is consistent with our brand,” said Steven Salz, Co-Founder and CEO of Rivalry. Rivalry users in these markets can now play and bet on Aviator, a popular online game in the “crash” category. This offering is available online in markets under the Company’s Isle of Man license, with Ontario expected to follow in the coming months. (the “ Company” or “ Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), an internationally regulated sports betting and media company, today announced that it has expanded its product offering into the casino segment. 13, 2022 (GLOBE NEWSWIRE) - Rivalry Corp. Rivalry launched its first title of several expected to be added in coming quarters.Casino represents one of the largest revenue segments for most online betting companies.Untapped casino segment offers new source of revenue growth and customer engagement.
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