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Rivalry returns to sequential growth in first quarter of 2024

30th May 2024 1:36 pm GMT

eSports betting and gaming operator Rivalry Corp. has posted a 17 per cent fall in net revenue to CAD$4.5 million for the first quarter of 2024, although the company's results improved compared to the previous quarter.

Returning to sequential growth, total betting handle increased by 11 per cent compared to the previous quarter to $94.7 million, generating gross gaming revenue (GGR) of $7.7 million, up 20 per cent quarter-on-quarter but down 36 per cent compared to [...]

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