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Rivalry Announces Revocation of Management Cease Trade Order
Globenewswire· 2025-07-17 22:45
TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), an internationally regulated sports betting and media company, is pleased to announce that effective July 17, 2025, the Ontario Securities Commission has revoked the management cease trade order (“MCTO”) it had previously granted to the Company on May 2, 2025 under National Policy 12-203 - Management Cease Trade Orders, as the Company successfully completed the filing of its (i) annual audited financial state ...
Will Flutter (FLUT) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-16 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Flutter Entertainment (FLUT) . This company, which is in the Zacks Gaming industry, shows potential for another earnings beat.This online gambling company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarter ...
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
Operating expenses reduced 58% YoY and net loss narrowed 43% as Rivalry emerges a lean, high-performance engine built for scale, with Q2 setting new records in key user metricsTORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), an internationally regulated sports betting and media company, today announced financial results for the three-month period ended March 31, 2025 (“Q1 2025”). All dollar figures are quoted in Canadian dollars unless otherwise noted. Q1 2 ...
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
Sweden 50 2025 The annual report on the most valuable and strongest Swedish brands IKEA remains most valuable Swedish brand despite 22% fall to SEK135.9 billion + Currency exchange changes widen export potential but shrink domestic spending power + Gambling brands surge in value, Evolution Gaming doubles in value to SEK11.2 billion + ICA leads the Swedish brand strength index, showing convenience beats sheer scale + SAAB soars 45 % on NATO-driven defence demand and new European contracts Contents | Foreword ...