COMPANY OVERVIEW
Rivalry is an internationally regulated betting operator shaping how the next generation gambles online.
Rivalry offers regulated betting on sports, esports, casino, and fantasy in Ontario and globally through its Isle of Man license. The company uses emerging technology, design, and entertainment value to create proprietary gambling experiences for under-30 customers immersed in digital culture, an audience which accounts for 80% of Rivalry’s active users. This includes an interactive gaming platform called Casino.exe, in-house developed games such as Rushlane and Cash & Dash, and NUTZ, a native cryptocurrency token that acts as a nexus between Rivalry, Web3, and gamblers.
With a wholly owned and internally developed tech stack, growing international user base, and profitable customer unit economics, Rivalry is building the leading betting and entertainment destination for the next generation.
BUSINESS HIGHLIGHTS
+11% GROWTH in BETTING HANDLE and +20% GROWTH IN GROSS GAMING REVENUE (Based on Q1 2024 vs. Q4 2023)
Rivalry reported record-high net revenue margin of 58.5% in Q12024, led by innovation and strengthened product offering.
WELL CAPITALIZED, AND STABILIZED OPEX DEMONSTRATING SIGNIFICANT OPERATING LEVERAGE
Providing confidence in our balance sheet to execute on our growth roadmap and achieve year-end/24 profitability guidance.
DIFFERENTIATED STRATEGY AND UNIT ECONOMICS INSULATES AGAINST TIGHTENING CAPITAL MARKETS
Rivalry's approach in new markets drives KPIs while preserving capital at the beginning of the marketing cycle.
THE MOST ENGAGED BRAND IN ESPORTS BETTING GLOBALLY, OWNING THE NEXT GENERATION BETTOR DEMOGRAPHIC
Rivalry has an engaged community (lowering CAC), of which nearly 80% are under the age of 30 years old.
ORIGINALLY DEVELOPED AND OWNED TECH STACK
Enhances Rivalry’s intrinsic value and provides long-term operating leverage.
ABILITY TO SCALE CORE VERTICALS THROUGH BOTH ORGANIC GROWTH AND M&A
Strategically enhancing Rivalry’s brand resonance and geographic reach, earning greater demographic wallet share.
STRATEGIC EXPANSION INTO WEB3 GAMBLING SEGMENT
Announced plans for Rivalry Token and extended cryptocurrency support, tapping into significant global crypto gambling market.