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Rivalry posts 22 per cent revenue growth in Q2 as crypto token sees early traction

30th August 2024 9:50 am GMT

Rivalry Corp. has posted a 22 per cent rise in net revenue to CAD$4.7 million for the second quarter of 2024.

Total betting handle in the second quarter decreased by 7 per cent year-on-year to $87.8 million, generating gross gaming revenue (GGR) of $7.4 million, a fall of 3 per cent quarter-on-quarter and down 12 per cent compared to a year ago.

The Casino segment contributed 60 per cent of betting handle and 24 per cent of [...]

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