TORONTO, Oct. 06, 2022 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), an internationally regulated sports activities betting and media firm, immediately introduced that it has efficiently acquired the RG Check Accreditation from the Responsible Gambling Council (“RGC”). The RG Check Program is a complete accountable playing accreditation that gives iGaming websites with the instruments to guage, monitor and handle playing dangers.
“Receiving our RG Check Accreditation is important for us as it signals to our customers, the gambling industry, and the gaming and esports community more broadly, our continued dedication to creating a safe environment for customers to play in,” mentioned Steven Salz, Co-Founder and CEO of Rivalry. “RG Check is the gold standard in player protection accreditation as it pertains to responsible gambling controls. It is our duty to educate and inform our players so that they can make informed decisions about their gambling play.”
“We see responsible gambling as a competitive advantage for us where we can build trust and transparency with our customers and brand partners through thoughtful and innovative tools that engage and interact with players in new and exciting ways,” Salz added. “We are also very excited to continue our relationship with the RGC and leverage them as trusted partners as we grow, not only in Canada but throughout the world.”
The RG Check Accreditation Program was embedded into necessities for all igaming operators coming into the Ontario market, with the expectation set that this system have to be accomplished inside two years of launching available in the market. Given its dedication to making a protected setting for its prospects, Rivalry started the analysis course of previous to formally launching in Ontario and has accomplished it nicely earlier than the required deadline.
“Congratulations to Rivalry on successfully completing and achieving the Responsible Gambling Council’s RG Check iGaming Accreditation for its site, Rivalry.com. Rivalry operates the first site that includes esports gambling to be awarded the Accreditation,” mentioned Shelley White, CEO, RGC. “This achievement is a clear demonstration of Rivalry’s commitment to player protection throughout its operations. RG Check is an invaluable tool for managing risk and monitoring the overall effectiveness of RG programming and RGC is proud to provide ongoing support to Rivalry’s harm minimization efforts.”
Rivalry is devoted to offering prospects with a protected but in addition partaking setting the place gamers are educated in regards to the dangers related with playing and possess the data and instruments to make educated choices surrounding their play.
The RGC is an unbiased non-profit group devoted to drawback playing prevention. It works with all stakeholders, together with operators, regulators, gamers and households, to scale back the dangers of playing and supply info and assets to those that want assist. To study extra go to ResponsibleGambling.org.
About Rivalry:
Rivalry Corp. wholly owns and operates Rivalry Limited, a number one sport betting and media property providing absolutely regulated on-line wagering on esports, conventional sports activities, and on line casino for the following era of bettors. Based in Toronto, Rivalry operates a worldwide workforce in additional than 20 international locations and rising. Rivalry Limited has held an Isle of Man license since 2018, thought of one of many premier on-line playing jurisdictions. Rivalry holds a sports activities bookmaker license in Australia and an web gaming registration in Ontario and is presently within the means of acquiring further nation licenses. The Company additionally has quite a lot of initially developed merchandise, together with Quest, an on-site engagement expertise, and an authentic on line casino sport referred to as Rushlane, a proprietary on line casino sport that marks the creation of a brand new class for on-line gaming: Massively Multiplayer Online Gambling Games (MMOGG).
Investor Contact:
Oakstrom Advisors
Jeff Codispodi I
[email protected]
Company Contact:
Steven Salz, Co-Founder & CEO
[email protected]
416-565-4713
Cautionary Note Regarding Forward-Looking Information and Statements
This information launch accommodates sure forward-looking info inside the that means of relevant Canadian securities legal guidelines (“forward-looking statements”). All statements aside from statements of current or historic truth are forward-looking statements. Forward-looking statements are sometimes, however not all the time, recognized by way of phrases resembling “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and related phrases, together with negatives thereof, suggesting future outcomes or that sure occasions or situations “may” or “will” happen. These statements are solely predictions.
Forward-looking statements are primarily based on the opinions and estimates of administration of the Company on the date the statements are made primarily based on info then out there to the Company. Various elements and assumptions are utilized in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are topic to and contain plenty of identified and unknown, variables, dangers and uncertainties, a lot of that are past the management of the Company, which can trigger the Company’s precise efficiency and outcomes to vary materially from any projections of future efficiency or outcomes expressed or implied by such forward-looking statements. Such elements, amongst different issues, embody regulatory or political change resembling modifications in relevant legal guidelines and rules; the power to acquire and keep required licenses; the esports and sports activities betting trade being a closely regulated trade; the complicated and evolving regulatory setting for the net gaming and on-line playing trade; the success of esports and different betting merchandise are usually not assured; modifications in public notion of the esports and on-line playing trade; failure to retain or add prospects; the Company having a restricted working historical past; detrimental money circulate from operations; operational dangers; cybersecurity dangers; the affect of the COVID-19 pandemic; reliance on administration; reliance on third events and third-party networks; trade price dangers; dangers associated to cryptocurrency transactions; threat of mental property infringement or invalid claims; the impact of capital market situations and different elements on capital availability; competitors, together with from extra established or higher financed opponents; and basic financial, market and business situations. For further dangers, please see the Company’s prospectus dated September 17, 2021 and different disclosure paperwork out there on the Company’s SEDAR profile at www.sedar.com.
No assurance may be on condition that the expectations mirrored in forward-looking statements will show to be right. Although the forward-looking statements contained on this information launch are primarily based upon what administration of the Company believes, or believed on the time, to be cheap assumptions, the Company can’t guarantee shareholders that precise outcomes might be constant with such forward-looking statements, as there could also be different elements that trigger outcomes to not be as anticipated, estimated or meant. Readers mustn’t place undue reliance on the forward-looking statements and knowledge contained on this information launch. The forward-looking info and forward-looking statements contained on this press launch are made as of the date of this press launch, and the Company doesn’t undertake to replace any forward-looking info and/or forward-looking statements which are contained or referenced herein, besides in accordance with relevant securities legal guidelines.
No inventory trade, securities fee or different regulatory authority has permitted or disapproved the data contained herein.
Source: Rivalry Corp.
