TORONTO, October 06, 2022 (Globe Newswire) — Rivals Corp. (“The”firm” both “Oppose”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), an internationally regulated sports activities betting and media firm, immediately introduced that it has efficiently acquired RG Verify Accreditation from the Accountable Playing Council (“RGC, The RG Verify Program is a complete accountable playing accreditation that gives iGaming websites with the instruments to guage, monitor and handle playing dangers.
Steven Salz stated, “Getting our RG Verify accreditation is necessary to us because it alerts to our prospects, the playing trade and the gaming and group extra broadly, our continued dedication to making a secure setting for patrons to play. Is.” -The founder and CEO of Rivalry. “RG Verify is the gold normal in participant security recognition because it pertains to accountable playing management. It’s our responsibility to coach and inform our gamers in order that they’ll make knowledgeable selections about their playing.”
Salz stated, “We see accountable playing as a aggressive benefit for us the place we construct belief and confidence by means of considerate and revolutionary instruments that have interaction and work together with gamers in new and thrilling methods with our prospects and model companions. Can construct transparency.” “We’re additionally very excited to proceed our relationship with RGC and leverage them as rising dependable companions not solely in Canada however around the globe.”
The RG Verify Accreditation Program was included within the necessities for all imaging operators getting into the Ontario Market, with the expectation that this system have to be accomplished inside two years of its market launch. Given its dedication to making a secure setting for its prospects, Rivals initiated the analysis course of in Ontario earlier than its official launch and accomplished it effectively prematurely of the required deadline.
“Congratulations to Rivalry.com on efficiently finishing and receiving the Accountable Playing Council’s RG Verify iGaming Accreditation for its website, Rivalry.com. Rivalry operates the primary website that features esports playing to be awarded the accreditation,” stated RGC. CEO Shelley White stated. “This achievement is a transparent demonstration of a rivalry’s dedication to participant security all through its operations. RG Verify is a useful device for managing threat and monitoring the general effectiveness of RG programming and lowering rivalry’s losses to RGC. Proud to offer continued assist to the endeavours.
Rivals is devoted to offering prospects with a secure but participating setting the place gamers are educated concerning the dangers related to playing and have the knowledge and instruments to make knowledgeable selections about their video games.
RGC is an impartial non-profit group devoted to the issue of playing prevention. It really works with all stakeholders together with operators, regulators, gamers and households to cut back the danger of playing and supply data and sources to those that want assist. To study extra, go to ResponsibleGambling.org.
Concerning the rivalry:
Rivalry Corp. is wholly owned and operated by Rivalry Restricted, a number one sports activities betting and media property providing totally regulated on-line wagering on esports, conventional sports activities and casinos for the following technology of bettors. Primarily based in Toronto, Rivals operates a worldwide group in additional than 20 nations and is rising. Rivals Restricted has held the Isle of Man license since 2018, which is acknowledged as one of many main on-line playing jurisdictions. The rivalry holds a sports activities bookmaker license in Australia and an Web gaming registration in Ontario and is at present within the means of acquiring further nation licenses. The corporate additionally has a wide range of natively developed merchandise, together with Quest, an on-site engagement expertise, and an authentic on line casino recreation known as Rushlane, a proprietary on line casino recreation that marks the creation of a brand new class for on-line gaming. Massively Multiplayer On-line Playing Sport (MMOGG).
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Jeff Kodispodi I
Steven Salz, Co-Founder and CEO
Warning Word with respect to forward-looking data and statements
This information launch comprises sure forward-looking data inside the which means of relevant Canadian securities legal guidelines (“forward-looking statements”). All statements aside from statements of present or historic reality are forward-looking statements. Ahead-looking statements are sometimes, however not at all times, recognized by means of phrases resembling “anticipated”, “achieved”, “possibly”, “believed”, “deliberate”, “meant”, “goal”, “steady”. , “ongoing”, “estimate”, “strategy”, “count on”, “challenge” and comparable phrases, together with damaging ones, recommend future outcomes or that sure occasions or circumstances “may” or ” will probably be”. These statements are solely predictions.
Ahead-looking statements are primarily based on the corporate’s administration’s opinion and estimates primarily based on the knowledge out there to the corporate on the date on which the statements are made. Numerous components and assumptions are utilized in drawing conclusions or making forecasts or assumptions in forward-looking statements. Ahead-looking statements are topic to and embrace plenty of recognized and unknown, variables, dangers and uncertainties, lots of that are past the Firm’s management, that would trigger the Firm’s precise efficiency and any future projections to vary materially from these can. efficiency or outcomes expressed or implied by such forward-looking statements. Amongst different issues, such components embrace regulatory or political modifications resembling modifications in relevant legal guidelines and laws; Means to acquire and preserve the required licenses; The esports and sports activities betting trade is a extremely regulated trade; The complicated and evolving regulatory setting for the web gaming and on-line playing trade; The success of export and different betting merchandise shouldn’t be assured; Adjustments in public notion of the esports and on-line playing trade; failure to retain or add prospects; an organization with a restricted working historical past; damaging money movement from operations; operational threat; cyber safety dangers; Affect of the COVID-19 pandemic; dependency on administration; Dependence on third events and third social gathering networks; alternate fee threat; Dangers associated to cryptocurrency transactions; threat of mental property infringement or invalid claims; the affect of capital market circumstances and different components on capital availability; competitors, together with from extra established or higher financed rivals; and normal financial, market and enterprise circumstances. For extra dangers, please consult with the Firm’s prospectus dated September 17, 2021 and different disclosure paperwork out there on the Firm’s SEDAR profile at www.sedar.com.
No assurance might be on condition that the expectations mirrored in forward-looking statements will show to be correct. Though the forward-looking statements contained on this information launch are primarily based on what the corporate’s administration believes, or believes to be cheap assumptions on the time, the corporate can’t guarantee shareholders that precise outcomes will probably be in step with such forward-looking statements, as a result of There could also be different components that make the outcomes not as anticipated, predictable or meant. Readers mustn’t place undue reliance on forward-looking statements and knowledge contained on this information launch. The forward-looking data and forward-looking statements contained on this press launch are made as of the date of this press launch, and the corporate doesn’t undertake to replace any forward-looking data and/or forward-looking statements which can be implied or referenced herein, beneath relevant securities legal guidelines. besides in accordance with
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Supply: Rivals Corp.