Rivalry to Report Third Quarter 2024 Results on November 29
15 November 2024 - 1:00PM
Rivalry Corp. (the “
Company” or
“
Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK),
the leading sportsbook and iGaming operator for Gen Z, today
announced details of its planned release of third quarter 2024
financial results.
The Company expects to file its Q3 2024 results
the morning of Friday, November 29, 2024 prior to the commencement
of trading on the TSX Venture Exchange. Management plans to host an
investor conference call that same day at 10:00 am EDT to discuss
the results.
Conference Call Details |
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Timing: |
Friday, November 29, 2024 at 10:00 am EDT |
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Dial-in: |
1-800-717-1738 (toll free) or (+1) 289-514-5100 (local or
international calls) |
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Webcast: |
A live webcast can be accessed from the Events section of the
Company’s website at www.rivalrycorp.com or at this link.A replay
of the webcast will be archived on the Company’s website for one
year. |
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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
players. 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 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.
No stock exchange, securities commission or
other regulatory authority has approved or disapproved the
information contained herein. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this press release.
Company Contact:Steven Salz,
Co-founder & CEOss@rivalry.com416-565-4713
Investor
Contact:investors@rivalry.com
Media Contact: Cody
Luongo, Head of Communicationscody@rivalry.com203-947-1936
Cautionary Note Regarding
Forward-Looking Information and Statements
This 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 the Company’s SEDAR+ profile 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.
Source: Rivalry Corp.
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