tiprankstipranks
Rivalry Corp Soars with Crypto Expansion and Record Profits
Company Announcements

Rivalry Corp Soars with Crypto Expansion and Record Profits

Rivalry Corp (TSE:RVLY) has released an update.

Don't Miss our Black Friday Offers:

Rivalry Corp has reported significant growth in the first quarter of 2024, with notable increases in betting handle, gross gaming revenue, and net revenue, achieving a record net revenue margin. The company is set to capture the crypto gambling market with the launch of Rivalry Token, signaling a strategic expansion into the Web3 space. This move aims to consolidate the company’s appeal among Gen Z and digital users by offering an enhanced crypto payment experience and tapping into the intersection of gaming and cryptocurrency.

For further insights into TSE:RVLY stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskRivalry Corp. Announces Q3 2024 Financial Results Date
TipRanks Canadian Auto-Generated NewsdeskRivalry Corp’s Q2 Success with Crypto Expansion
TipRanks Canadian Auto-Generated NewsdeskRivalry Corp Announces Q2 Results and CFO Transition
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App