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Rivalry Announces Revocation of Management Cease Trade Order
Globenewswire· 2025-07-17 22:45
Core Points - Rivalry Corp. has successfully revoked the management cease trade order (MCTO) previously granted by the Ontario Securities Commission, allowing management to trade the company's securities again [1][2] - The revocation follows the completion of the company's annual audited financial statements and interim financial statements for the respective periods [1] - All relevant filings are accessible on the SEDAR+ platform [2] Company Overview - Rivalry Corp. is a sports betting and media company that operates globally, focusing on esports, traditional sports, and casino betting [3] - The company is based in Toronto and has a presence in over 20 countries, holding an Isle of Man license and an internet gaming registration in Ontario [3] - Rivalry aims to shape the future of online gambling for a digital generation, leveraging creative execution and brand positioning [3]
Will Flutter (FLUT) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-16 17:11
Core Viewpoint - Flutter Entertainment is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations in previous quarters [1][2]. Earnings Performance - Flutter has a solid track record of surpassing earnings estimates, with an average surprise of 45.85% over the last two quarters [2]. - In the most recent quarter, Flutter reported earnings of $1.54 per share against an expectation of $1.59, resulting in a surprise of 3.25% [2]. - For the previous quarter, the consensus estimate was $1.56 per share, while Flutter achieved $2.94 per share, leading to a significant surprise of 88.46% [2]. Earnings Estimates and Predictions - Recent estimates for Flutter have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Flutter is +16.26%, suggesting that analysts have become more optimistic about the company's earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) enhances the probability of another earnings beat [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. Importance of Earnings ESP - Monitoring a company's Earnings ESP prior to its quarterly release is crucial for increasing the likelihood of successful investment decisions [10].
Evolution: Enabling Online Gambling, 13x Earnings, Net Cash, Insider Buying
Seeking Alpha· 2025-07-16 07:42
Core Insights - Evolution AB is identified as a top-tier growth stock that is currently trading at value multiples, providing exposure to the online gambling sector which has high profit margins and a robust balance sheet [1] - The stock is considered undervalued, presenting a potential investment opportunity for those seeking growth [1] Company Analysis - The company operates in the online gambling industry, which is characterized by significant growth potential and high profitability [1] - Evolution AB's strong balance sheet and management team are highlighted as key factors contributing to its long-term growth prospects [1] Investment Strategy - The investment approach focuses on identifying undervalued companies with secular growth, emphasizing the importance of strong financial health and management in sectors with extended growth trajectories [1]
Evolution AB: Hard To Ignore At Current Prices
Seeking Alpha· 2025-07-15 15:20
Company Issues - Evolution AB is facing multiple challenges including strikes in Georgia, an investigation by the U.K. Gambling Commission, and unlicensed distribution of its products in Asia [1] Investment Strategy - Triba Research aims to identify high-quality businesses that can deliver sustainable, double-digit returns over the long term, focusing on companies with competitive advantages, low debt levels, and skilled management [2]
Rivalry Reports Q1 2025 Results Highlighting Strengthened Unit Economics, Operating Leverage, and Strategic Progress
Globenewswire· 2025-07-14 20:30
Core Viewpoint - Rivalry Corp. has successfully implemented a strategic overhaul, resulting in significant reductions in operating expenses and net loss, while achieving record user metrics in Q2 2025, indicating a strong foundation for scalability and growth [1][2][3]. Financial Performance - Net revenue for Q1 2025 was $1.3 million, consistent with preliminary results [6]. - Operating expenses decreased by 58% year-over-year to $4 million in Q1 2025, down from $9.6 million in Q1 2024 [6]. - Net loss narrowed by 43% to $3.0 million in Q1 2025 from $5.2 million in the prior-year quarter [6]. - Average Customer Acquisition Cost payback across H1 2025 was approximately 1.5 months, reflecting improved funnel conversion and higher player value [6]. User Metrics and Engagement - Q2 2025 set new records with net revenue per player increasing by 49% compared to Q1 2025, and 210% higher than the historical average prior to the Q4 2024 transformation [6]. - Wagers per player rose by 7% quarter-over-quarter, nearly 300% above the pre-rebuild average [6]. - Average monthly deposits per player in Q1 2025 were over 175% higher than the historical average, increasing a further 28% in Q2 2025 [6]. - Monthly deposit frequency per player in Q1 2025 was up 115% over the historical average, rising another 22% in Q2 2025 [6]. Strategic Initiatives - The company is exploring strategic alternatives to maximize shareholder value and evaluating non-dilutive capital options to accelerate growth [8]. - Key initiatives for H2 2025 include deploying a new promo engine, enhancing CRM for high-value player segmentation, and further operating cost reductions [11]. Structural Advantages - Rivalry has established a leaner, more efficient operating model with a lower fixed-cost base and proven user economics [7][9]. - The company possesses strong regulatory licenses in Ontario and the Isle of Man, proprietary technology, and a globally recognized brand, positioning it as a differentiated operator in the online gambling market [9].
X @Bloomberg
Bloomberg· 2025-07-03 08:08
Philippine Gambling Stocks Plunge as Bill Seeks Online Curbs https://t.co/FyhFzUSOAn ...
Rivalry Reports Full-Year 2024 Results as Strategic Turnaround Takes Hold, Operating Loss Narrows, and Efficiency Improves
Globenewswire· 2025-07-02 10:00
Core Viewpoint - Rivalry Corp. has made significant strides in restructuring its operations, resulting in a narrowed net loss and a 17% reduction in operating expenses, positioning the company for a more efficient and financially disciplined future in 2025 [2][3][8] Financial Performance - Net revenue for 2024 was $13.6 million, down from $16.2 million in 2023 [5] - Operating expenses decreased by 17% to $32.2 million, down from $38.8 million [5] - The net loss narrowed to $22.4 million compared to $23.8 million in the previous year [5] - Year-end cash stood at $2.7 million, with a significantly lower run-rate operating expense entering 2025 [5] Strategic Initiatives - The company has implemented a comprehensive overhaul of its cost base, product offerings, player strategy, and operational structure, with early signs of progress emerging in 2025 [3][4] - Key initiatives include the development of a new loyalty program, enhancements to the casino product, and upgrades to the platform's infrastructure [4][5][13] - The breakeven net revenue is now approximately $600,000 USD per month, down from over $2 million USD per month a year ago, with further reductions planned [5] Customer Engagement and Growth - There has been a 40% increase in monthly new first-time depositors since January 2025, despite flat monthly marketing spend [5] - The average payback on cohorts acquired during this period was approximately 1.5 months, indicating improved customer acquisition efficiency [5] Future Outlook - The company is entering the second half of 2025 with a leaner cost structure, stronger product offerings, and improved revenue efficiency [8] - Rivalry continues to explore strategic alternatives aimed at maximizing shareholder value [7][8] Additional Financial Support - Rivalry has secured a senior unsecured loan of $475,000, maturing on September 30, 2025, which will provide additional flexibility for ongoing strategic initiatives [10]
Minimum Deposit Casinos 分析俄亥俄州拟议的在线赌场法案和日益高涨的禁止抽奖类赌博运动
Globenewswire· 2025-05-29 16:45
爱尔兰沃特福德, May 30, 2025 (GLOBE NEWSWIRE) -- 全球 iGaming 审查中心、 OneTwenty Group 的分支机构 Minimum Deposit Casinos(MDC)发布了一份全新报告,分析了众议院第 298 号法案的影响——该法案是一项可能重塑俄亥俄州在线博彩业格局的立法提案。 该法案由众议员 Jay Edwards 提出,旨在使该州的在线赌场赌博合法化,但包含严格的条款。 只有陆上赌场和赛马场经营者才有资格持有许可证。 该法案还大胆地提出全面禁止抽奖类在线游戏,这种模式在传统在线赌场仍然非法的州发展迅速。 “俄亥俄州发生的情况反映了全国更大范围内的趋势,” MDC 的一位高级分析师表示, “我们看到,越来越多的州开始取消不受监管的抽奖类平台,转而向有组织、有缴税、消费者受到保护的在线赌场发放许可证。” 如果该法案获得通过,俄亥俄州将成为(包括蒙大拿州、路易斯安那州和纽约州)打击双币种抽奖类网站不断壮大的州队伍中的一个。 这些网站通常在法律灰色地带运营,提供虚拟货币,可以在没有正式赌博许可证的情况下兑换真实现金奖励。 MDC 的报告概述了潜在的市场影响,包 ...
High Roller Submits Gaming License Application in Ontario, Targets H2 2025 Launch
Globenewswire· 2025-05-27 13:00
Core Insights - High Roller Technologies has submitted its Internet Gaming Operator license application in Ontario, Canada, aiming to launch its flagship brand HighRoller.com in the second half of 2025 [1][2] - Ontario's regulated online gambling market generated approximately $2.3 billion in gross gaming revenue in 2024, with continued growth in 2025 [2] - The company plans to pursue licensure in Alberta to expand its market presence in Canada following the province's recent legislation for online gambling [2] Company Overview - High Roller Technologies operates premium online casino brands High Roller and Fruta, and is listed on the NYSE under the ticker ROLR [3] - The company offers a user-friendly online casino platform with over 5,000 games from more than 90 providers, focusing on an immersive gaming experience [3] - High Roller Technologies is recognized as an award-winning operator committed to innovation and excellence in the online gaming industry [4]
瑞典最具价值和最强大品牌50强的2025年度报告(英)2025
品牌价值· 2025-05-26 06:40
Investment Rating - The report does not explicitly provide an investment rating for the industry or companies involved Core Insights - The aggregate brand values of the top Swedish brands fell by 6% from SEK1.249 trillion to SEK1.170 trillion, although the value in USD increased by 3% due to currency depreciation [20][21] - IKEA remains the most valuable Swedish brand despite a 22% decline in brand value to SEK135.9 billion, indicating challenging market conditions even for established leaders [22][34] - The gambling sector, particularly Evolution Gaming, saw significant growth, with Evolution's brand value nearly doubling to SEK11.2 billion, reflecting a robust positioning in a specialized market [23][40] Summary by Sections Country Overview - The Swedish brand landscape is undergoing a transition, with traditional manufacturing and retail brands facing pressure while technology-driven service sectors thrive [24] - The depreciation of the Swedish krona has reduced domestic purchasing power but created opportunities for export-focused brands [24] Valuation Analysis - The top ten most valuable Swedish brands showed mixed performances, with IKEA and Volvo experiencing substantial declines in brand value, while H&M, Spotify, and Swedbank demonstrated growth [28][30][32] - Swedbank's brand value increased by 41% to SEK51.2 billion, marking a significant rise in its ranking [31] Most Valuable Brands - IKEA's brand value fell by 22% to SEK135.9 billion, while Volvo's decreased by 11% to SEK116.0 billion [29] - H&M's brand value increased by 3% to SEK97.3 billion, and Spotify's rose by 11% to SEK86.9 billion [30] Fastest Growing Brand Value - Evolution Gaming's brand value surged by 75% to SEK11.2 billion, highlighting its strong market position in the online gambling sector [40][41] Brand Strength Analysis - The Brand Strength Index (BSI) scores for Swedish brands range from 81.3 to 93.2, with ICA achieving the highest score of 93.2 [48][49] - SAAB's brand value increased by 45% to SEK13.8 billion, driven by NATO-related defense demand [56][57] Brand Value Ranking - The report lists the top ten most valuable Swedish brands for 2025, with IKEA, Volvo, H&M, Spotify, and Nordea leading the rankings [33]