TORONTO, Nov. 01, 2022 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), an internationally regulated sports activities betting and media firm, at present introduced that Billy Levy, Executive Vice President of Corporate Development, will current at the SBC Summit Latinoamérica convention in Hollywood, Florida on November 3, 2022. Mr. Levy will take part in a panel dialogue titled “Understanding Esports in LATAM,” alongside different esports, on line casino, and playing executives.
Latin America is taken into account one of many world’s largest esports markets with an estimated 70 million followers.1 Rivalry has constructed a robust presence within the area by means of its Isle of Man license and intends to proceed to develop its management place all through LATAM.
SBC Summit Latinoamérica is a convention and commerce present for senior executives within the Latin American betting and gaming trade. The occasion will carry collectively the management groups and product specialists from retail and on-line operators in markets together with Argentina, Brazil, Colombia, Chile, Costa Rica, Mexico, Peru, Puerto Rico, Dominican Republic, Uruguay and lots of others to share details about finest apply, launching in new territories, localized advertising and marketing methods, and the newest know-how. More particulars can be found on the SBC Summit web site.
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 crew in additional than 20 international locations and rising. Rivalry Limited has held an Isle of Man license since 2018, thought-about 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 at present within the strategy of acquiring extra nation licenses. The Company additionally has quite a lot of initially developed merchandise, together with Quest, an on-site engagement expertise, and an unique on line casino recreation referred to as Rushlane, a proprietary on line casino recreation 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
[email protected]
Company Contact:
Cody Luongo, PR & Communications
[email protected]
203-947-1936
Cautionary Note Regarding Forward-Looking Information and Statements
This information launch accommodates sure forward-looking info throughout 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 means of phrases akin to “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and comparable phrases, together with negatives thereof, suggesting future outcomes or that sure occasions or circumstances “may” or “will” happen. These statements are solely predictions.
Forward-looking statements are based mostly on the opinions and estimates of administration of the Company at the date the statements are made based mostly 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 various recognized and unknown, variables, dangers and uncertainties, lots of that are past the management of the Company, which can trigger the Company’s precise efficiency and outcomes to differ 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 akin to modifications in relevant legal guidelines and rules; the flexibility to receive and preserve required licenses; the esports and sports activities betting trade being a closely regulated trade; the complicated and evolving regulatory setting for the web gaming and on-line playing trade; the success of esports and different betting merchandise usually are not assured; modifications in public notion of the esports and on-line playing trade; failure to retain or add clients; the Company having a restricted working historical past; adverse money circulation from operations; operational dangers; cybersecurity dangers; the impression of the COVID-19 pandemic; reliance on administration; reliance on third events and third-party networks; alternate fee dangers; dangers associated to cryptocurrency transactions; danger of mental property infringement or invalid claims; the impact of capital market circumstances and different elements on capital availability; competitors, together with from extra established or higher financed rivals; and normal financial, market and business circumstances. For extra 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 could be provided that the expectations mirrored in forward-looking statements will show to be appropriate. Although the forward-looking statements contained on this information launch are based mostly upon what administration of the Company believes, or believed at the time, to be affordable assumptions, the Company can not guarantee shareholders that precise outcomes will likely be according to such forward-looking statements, as there could also be different elements that trigger outcomes not to be as anticipated, estimated or supposed. Readers shouldn’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 alternate, securities fee or different regulatory authority has permitted or disapproved the knowledge contained herein.
Source: Rivalry Corp.
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1 Source: Statista, October 2022
