Rivalry to Present at SBC Summit Rio 2024
March 04 2024 - 7:00AM
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 Luis Gonçalves, Brazil Country Manager,
will present at the SBC Summit Rio conference on March 6, 2024.
Mr. Gonçalves will participate in a panel
discussion titled “Influencers: The Next Frontier of Social
Media Marketing” alongside other executives from Brazil’s
gaming sector. The panel will explore the role of influencer
marketing in Brazil, including its ability to cultivate engagement
and build communities, best practices for operators, and strategies
to protect vulnerable young players.
Brazil represents one of Rivalry’s key
international markets, in which the Company currently operates
through its Isle of Man license. The Company is closely following
Brazil’s plans to transition to a fully regulated betting market
and intends to seek a license, leveraging the compliance systems it
has put in place for its other regulated markets. Rivalry believes
its established brand identity and customer base in Brazil will
position it well for continued success once regulations are
introduced.
SBC Summit Rio is a conference and trade show
that aims to provide insights into the dynamic Brazilian market by
bringing together senior executives from Brazil and globally. More
than 3,000 industry professionals from the country’s sports betting
and iGaming ecosystem are expected to attend. More details are
available on the SBC Summit Rio 2024 website.
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.
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 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 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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