Rivalry Becomes One of the First Fully Registered Operators TORONTO, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (FSE: 9VK) (OTCQX: RVLCF), an internationally-regulated sports betting and media company, today announced that it has become one of the first fully registered operators of internet gaming and sports betting in Ontario. The Alcohol and Gaming Commission of Ontario (the “AGCO”) has informed the Company that its registration has been approved.
“We are very pleased to be one of the first companies to be registered as an internet gaming operator in Ontario,” said Steven Salz, Co-Founder and CEO of Rivalry. “As a proud Toronto-founded and based company, it’s a particular privilege to be able to finally offer our innovative product legally and responsibly in our backyard. I’m confident we will deliver a differentiated experience that will elevate what consumers think sports betting can be.”
The Company continues to work with iGaming Ontario, a Government of Ontario agency which conducts and manages internet gaming in the province when provided through private gaming operators, to complete any and all final requisite steps as it prepares for launch. Last week, iGaming Ontario announced that Ontario’s new online gaming market will launch on April 4th, 2022.
About Rivalry
Rivalry Corp. wholly owns and operates Rivalry Limited, a leading sport betting and media property offering fully regulated online wagering on esports, traditional sports, and casino for the next generation of bettors. Rivalry Limited currently holds an Isle of Man license, considered one of the premier online gambling jurisdictions. Based in Toronto, Rivalry operates a global team in more than 18 countries and growing. Rivalry Limited was granted its Isle of Man license in early 2018, officially launching in August of that year, and the Company is currently in the process of obtaining additional country licenses. The Company also has a variety of originally developed products, including Quest, an on-site engagement experience, and an original casino game called Rushlane, a proprietary casino game that marks the creation of a new category for online gaming: Massively Multiplayer Online Gambling Games (MMOGG).
www.rivalry.com. https://www.globenewswire.com/news-release/2022/02/04/2379203/0/en/Rivalry-Becomes-One-of-the-First-Fully-Registered-Operators-of-Internet-Gaming-and-Sports-Betting-in-Ontario.html