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Rivalry Announces 2023 Annual Letter to Shareholders and Filing of 2023 Annual Financial Statements
Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for Gen Z, is pleased to announce its 2023 annual letter to shareholders and the filing of its financial results for the three (3) and 12-month period ended December 31, 2023. All dollar figures are quoted in Canadian dollars.
2023 Annual Letter to Shareholders
To our Shareholders,
This time last year I spoke about Rivalry’s evolution from a market leader in esports to a diversified Company setting the standard for Gen Z betting entertainment broadly.
Today, we have a business with revenue distribution across casino, sports, and esports betting, growing market share in new geographies, with increased velocity in core regions, and the strongest customer KPIs in Rivalry’s history.
In 2023, Rivalry recorded $423.2 million in betting handle1, up 82% from the previous year. Similarly, gross gaming revenue2 and net revenue both saw 34% and 66% respective increases, while the introduction of higher margin products released in H2 such as Same Game Combos and Quick Combos are continuing to improve overall sportsbook hold and guide Rivalry closer to profitability.
Our deepened product suite now includes fantasy, additional sports coverage, and new proprietary casino games. All of which are uniquely driving growth among a targeted customer segment and widening our opportunity set in 2024 and beyond – from a 60% increase in traditional sports betting to a burgeoning B2B game vertical. The potential for how far our brand can go is just beginning to unfold.
The year ahead is rife with new, innovative product releases arriving in Q2 and continuing throughout 2024. We are doubling down on core growth opportunities in sports that resonate with our audience, such as basketball and soccer. Further, we are building on a successful casino segment which already represents 50% of our business, enhancing variety, depth, and accessibility, as well as developing new original games which blur the lines between betting and entertainment. We are in the process of additional geographic expansion, and pursuing new licenses to broaden our total addressable market, positioning Rivalry to own the Gen Z gambling opportunity globally.
While Rivalry’s operations have expanded into new high-growth verticals, our north star has remained the same: to define the future of online gambling for a generation born on the internet.
Online gambling in 2024 is radically different than it was just six years ago when Rivalry launched. In that time we’ve seen gaming and internet culture reshape how consumers engage with technology. That shift is broadening the definition of gambling, where product design is influenced by video games, or it exists fully embedded within social apps like Telegram, where content creators are the new affiliates, and much more.
Over the same period, the rise of cryptocurrency and blockchain technology has introduced a new level of speed, access, and security to web-based consumer experiences. Industry estimates now put crypto wagers at up to one quarter of global betting handle3, with 30% year-over-year growth in 20244, and showing no signs of slowing down.
The development of this ecosystem has commercially unlocked online gambling unlike anything since its first transition from land to online many years ago. It has brought in a new global audience, and enriched the customer experience from end-to-end.
Alongside the growth of this technology has emerged new methods of gambling, taking wallet share from more traditional forms at an accelerated rate. The shift in consumer behavior and the signal from our users is clear – interactive, volatile, and crypto-infused product experiences will set the precedent for how the next generation gambles online.
Rivalry, with a brand steeped in internet culture and living at the intersection of this digital economic renaissance, is well-positioned to access this growth opportunity. There is high overlap between Gen Z, gamers, gamblers, and a fast-growing audience of over 420 million crypto users worldwide5 organically aligned with our audience and brand. And we believe that more than half of this audience globally is already wagering with crypto.
It will be Rivalry’s ability to understand, implement, and adapt to this shift more rapidly than our peers that we expect to create first-mover advantages for us. It is for that reason that our vision is now bolder than ever for what’s possible in the online gambling category.
Soon, we will reveal plans for a crypto-enabled product set to enhance alignment between Rivalry and its users, increase network effects, and generally deliver a consumer experience that lives on the internet of 2024.
To that effect, the success of our first-party games and their ability to acquire and engage a captive audience of Gen Z bettors online has validated our original game development strategy amongst industry peers. This has unlocked a new commercial opportunity for Rivalry to license its IP, opening up another line of revenue for the business that has great potential for global scale.
The year ahead is poised to be one of our most ground-breaking, with a myriad of innovative product releases across all of Rivalry’s verticals, adding more dimension to our business, operations, and addressable audience, and building on our competitive moat as the market leader in Gen Z betting entertainment.
We look forward to sharing more details about these upcoming initiatives, the opportunities they will unlock for our Company, and delivering on our promise to create long-term shareholder value and reach profitability. Thank you all for your continued support.
February presents one of the strongest seasonal windows for affiliates working with Tier-1 sports traffic — and N1 Partners is expanding the opportunities even further.
The affiliate program has strengthened its sports offering by making betting available across three brands: the flagship N1 Bet, alongside RollXO and Lucky Hunter. This multi-brand setup allows partners to scale sports traffic strategically while leveraging casino brands with proven conversion performance.
Instead of relying on a single product, affiliates can now diversify traffic flows, stabilize KPIs, and combine sports, casino, and seasonal promotional mechanics for stronger long-term results.
Why February Is a Prime Month for Sports Traffic
Conversion stability often depends on timing. Campaigns aligned with seasonal peaks, major sporting events, and emotionally engaging dates consistently outperform generic traffic launches.
February stands out due to:
-
A packed schedule of top European football leagues and international tournaments
-
The Winter Olympic Games
-
Valentine’s Day seasonal campaigns
-
Increased emotional engagement and deposit intent
During high-profile events and holiday periods, users are more likely to deposit, participate in promotions, and return to the platform. The right contextual hook can directly influence conversion rate, average deposit size, and retention.
To help affiliates capitalize on this momentum, N1 Partners has prepared a focused list of key February sports events and active promotional mechanics.
Key Sports Events in February 2026
11 February
-
Coppa Italia Quarter-final: Bologna vs Lazio
-
Olympic Ice Hockey: Slovakia vs Finland
-
Premier League: Manchester City vs Fulham
-
DFB Pokal Quarter-final: Bayern Munich vs RB Leipzig
-
NBA: Houston Rockets vs LA Clippers
-
Copa Libertadores Qualification Quarter-finals (2nd legs)
12 February
-
Olympic Ice Hockey: Czech Republic vs Canada
-
Premier League: Brentford vs Arsenal
-
NBA: Orlando Magic vs Milwaukee Bucks
-
EuroLeague Regular Season (Round 28)
-
Rugby Super League (England & France)
13 February
-
Olympic Ice Hockey: Canada vs Switzerland
-
NBA: Oklahoma City Thunder vs Milwaukee Bucks
-
German Handball Bundesliga
14 February (Valentine’s Day Peak)
-
Olympic Ice Hockey: USA vs Denmark
-
FA Cup Round of 16
-
Bundesliga: Werder Bremen vs Bayern Munich
-
France Top 14 Rugby
-
Liga ASOBAL (Spain)
-
Liga ACB (Spain)
15 February
-
Olympic Ice Hockey: Switzerland vs Czech Republic
-
Serie A: Inter vs Juventus
-
Serie A: Napoli vs Roma
-
Serie A: Lazio vs Atalanta
-
LaLiga: Girona vs Barcelona
-
LaLiga: Real Madrid vs Real Sociedad
-
Ligue 1: Marseille vs Strasbourg
-
Ligue 1: Rennes vs PSG
-
NBA All-Star
-
WTA 1000 Dubai – Dubai Duty Free Tennis Championships
This density of premium events creates multiple testing angles for creatives, pre-landers, and geo-targeted funnels.
Valentine’s Day Promotions Across N1 Partners Brands
To enhance conversion rates during peak emotional engagement, N1 Partners is launching seasonal campaigns across key brands.
Valentine’s Advent Calendar (N1 Bet & RollXO)
Period: 13–17 February
Five days of engagement mechanics:
-
13.02 – Love Box: prize up to €15,000
-
14.02 – Valentine’s Riddle Offer: 100% bonus up to €500 + 150 FS
-
15.02 – Sunday Challenge: 50% bonus on the 3rd deposit
-
16.02 – Road to Free Spins: 30 FS for every €350
-
17.02 – Fortune Lottery Series: €63,000 prize pool
Cupid Mailbox Lottery (Lucky Hunter)
Period: 9–14 February
-
28 winners
-
Grand prizes include a trip to Paris
-
€6,400 + 1,400 Free Spins prize pool
These mechanics integrate smoothly into sports-driven funnels and allow affiliates to increase average deposit value and session frequency.
Why This Strategy Works for Tier-1 Affiliates
Seasonal and event-driven campaigns help partners:
-
Increase average deposit size
-
Improve LTV through repeat engagement
-
Offset typical mid-quarter CR slowdowns
-
Enhance emotional appeal through contextual offers
-
Diversify revenue streams across sports and casino
In competitive Tier-1 markets, product-driven campaigns and structured promotions help stabilize performance and make scaling more predictable.
What Affiliates Should Do Now
February combines major football clashes, Olympic hype, NBA spotlight events, and Valentine’s promotions into one high-conversion window.
Now is the time to:
-
Drive sports traffic to top European leagues and Olympic matchups
-
Integrate Valentine’s promotions into creatives
-
Split-test traffic between N1 Bet, RollXO, and Lucky Hunter
-
Use seasonal hooks to strengthen CTR and deposit intent
The N1 Partners team provides updated promotional materials, analytics support, and personalized optimization guidance tailored to traffic volumes.
About N1 Partners
N1 Partners is a multi-brand affiliate platform and direct advertiser uniting 14+ casino and betting brands across Tier-1 GEOs.
Key highlights:
-
Reg2Dep rates up to 70%
-
CPA up to €700
-
RevShare up to 45%
-
14,000+ active partners
-
Dedicated affiliate management and long-term performance focus
More than just an affiliate program, N1 Partners delivers a performance-driven ecosystem designed to help affiliates scale sustainably in competitive markets.
The post Top Sports Events & Promos by N1 Partners: Where to Drive Tier-1 Traffic in February appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
N1 Partners expands its sports traffic capabilities. Betting is now available across three brands within the affiliate program’s portfolio: alongside the flagship sports product N1 Bet, RollXO and Lucky Hunter have joined the lineup.
For partners, this opens up new opportunities to work with Tier-1 sports traffic. You can scale volumes on a dedicated betting product while simultaneously running sports traffic on casino brands with already strong conversion rates. This approach allows affiliates to diversify traffic flows, reduce reliance on a single product, and strengthen key performance metrics by combining sports, casino, and seasonal promotional mechanics.
Why Seasonal Events Matter When Driving Traffic
In practice, the most consistent conversion results are achieved when traffic launches are aligned with seasonality, key news hooks, and behavioral peaks in player activity.
February offers a particularly strong combination of factors:
- a packed schedule of top football leagues and tournaments
- the Winter Olympic Games
- seasonal holidays, including Valentine’s Day
- increased emotional engagement from players
During such periods, users are more likely to make deposit decisions, engage with promotions, and return to the product. Timing and the right contextual hook have a direct impact on overall performance.
To simplify campaign planning and help partners make the most of this period, the N1 Partners team has prepared a selection of key sports events and active promotions that are well suited for driving sports traffic.
Key Sports Events in February
11.02.2026
Soccer | Italy, Coppa Italia | Quarter-final | Bologna – Lazio
Ice Hockey | Olympic Games | Slovakia vs Finland
Soccer | England, Premier League | Manchester City – Fulham
Soccer | Germany, DFB Pokal | Quarter-final | Bayern Munich – RB Leipzig
Basketball | NBA | Houston Rockets – LA Clippers
Soccer | CONMEBOL, Copa Libertadores, Qualification, Quarter-finals | 2-nd legs
12.02.2026
Ice Hockey | Olympic Games | Czech Republic vs Canada
Soccer | England, Premier League | Brentford – Arsenal
Basketball | NBA | Orlando Magic – Milwaukee Bucks
Basketball | EuroLeague, Regular Season | Round 28
Rugby League | Super League (England, France) | Regular Season
13.02.2026
Ice Hockey | Olympic Games | Canada vs Switzerland
Basketball | NBA | Oklahoma City Thunder – Milwaukee Bucks
Handball | Germany, Bundesliga | Next Round
14.02.2026
Ice Hockey | Olympic Games | USA vs Denmark
Soccer | England, FA Cup | 1/16-finals
Soccer | Germany, Bundesliga | Werder Bremen – Bayern Munich
Rugby Union | France, Top 14 | Round 17
Handball | Spain, Liga ASOBAL | Next Round
Basketball | Spain, Liga ACB | Round 20
15.02.2026
Ice Hockey | Olympic Games | Switzerland vs Czech Republic
Soccer | Italy, Serie A | Inter – Juventus
Soccer | Italy, Serie A | Napoli – AS Roma
Soccer | Italy, Serie A | Lazio – Atalanta
Soccer | Spain, LaLiga | Girona – Barcelona
Soccer | Spain, LaLiga | Real Madrid – Real Sociedad
Soccer | France, Ligue 1 | Marseille – Strasbourg
Soccer | France, Ligue 1 | Rennes – PSG
Basketball | NBA | ALL-Star
Tennis | WTA 1000 Dubai, United Arab Emirates | Dubai Duty Free Tennis Championships
Active Promotions Across N1 Partners Brands
To boost player activity and support conversion rates during peak dates, N1 Partners is launching seasonal Valentine’s Day promotions across key brands. These campaigns provide partners with additional leverage when driving traffic and engaging users.
Valentine’s Advent Calendar (N1 Bet, RollXO)
Period: 13.02–17.02
Daily rewards available for participants over five days:
- 13.02 Love Box: prize up to €15,000
- 14.02 Valentine’s Riddle Offer: 100% bonus up to €500 + 150 FS
- 15.02 Sunday Challenge: 50% bonus on the 3rd deposit
- 16.02 Road to Free Spins: 30 FS for every €350
- 17.02 Fortune Lottery Series: prize pool €63,000
Cupid Mailbox Lottery (Lucky Hunter)
Period: 09.02–14.02
Prize pool for 28 winners: trip to Paris + €6,400 + 1,400 FS
Why This Matters for Partners
Seasonal promotions and event-driven campaigns help partners address several key challenges when working with Tier-1 traffic:
- encourage higher average deposits
- increase LTV through repeat engagement
- sustain activity during periods when CR typically declines
- integrate smoothly into creative bundles and ad formats
- strengthen the emotional appeal of offers through holidays and major events
In a highly competitive environment, these product-driven initiatives help partners maintain stable and predictable performance.
What Partners Should Do Now
February combines major sports events, seasonal triggers, and strong promotional mechanics into a single high-potential window.
Drive traffic to key sports events and Valentine’s Day promotions across N1 Partners brands: N1 Bet, RollXO, and Lucky Hunter.
The N1 Partners team is ready to provide up-to-date promotions, analytics, and dedicated support tailored to your traffic volumes.
Join N1 Partners
N1 Partners provides everything affiliates need to stay ahead: high-converting products, ongoing analytics with optimization recommendations, and hands-on support from managers focused on long-term performance.
N1 Partners is more than an affiliate program. As a multi-brand affiliate platform and direct advertiser, the company unites 14+ casino and betting brands, operates across Tier-1 GEOs, delivers Reg2Dep rates of up to 70%, and offers competitive deals for top partners — CPA up to €700 and RevShare up to 45%. Trusted by 14,000+ partners, N1 Partners is recognized for its transparency, flexibility, and partner-first approach — where people and communication quality remain the foundation of long-term success.
The post Top Sports Events & Promos by N1 Partners: Where to Drive Tier-1 Traffic in February appeared first on Americas iGaming & Sports Betting News.
N1 Partners expands its sports traffic capabilities. Betting is now available across three brands within the affiliate program’s portfolio: alongside the flagship sports product N1 Bet, RollXO and Lucky Hunter have joined the lineup.
For partners, this opens up new opportunities to work with Tier-1 sports traffic. You can scale volumes on a dedicated betting product while simultaneously running sports traffic on casino brands with already strong conversion rates. This approach allows affiliates to diversify traffic flows, reduce reliance on a single product, and strengthen key performance metrics by combining sports, casino, and seasonal promotional mechanics.
Why Seasonal Events Matter When Driving Traffic
In practice, the most consistent conversion results are achieved when traffic launches are aligned with seasonality, key news hooks, and behavioral peaks in player activity.
February offers a particularly strong combination of factors:
- a packed schedule of top football leagues and tournaments
- the Winter Olympic Games
- seasonal holidays, including Valentine’s Day
- increased emotional engagement from players
During such periods, users are more likely to make deposit decisions, engage with promotions, and return to the product. Timing and the right contextual hook have a direct impact on overall performance.
To simplify campaign planning and help partners make the most of this period, the N1 Partners team has prepared a selection of key sports events and active promotions that are well suited for driving sports traffic.
Key Sports Events in February
11.02.2026
Soccer | Italy, Coppa Italia | Quarter-final | Bologna – Lazio
Ice Hockey | Olympic Games | Slovakia vs Finland
Soccer | England, Premier League | Manchester City – Fulham
Soccer | Germany, DFB Pokal | Quarter-final | Bayern Munich – RB Leipzig
Basketball | NBA | Houston Rockets – LA Clippers
Soccer | CONMEBOL, Copa Libertadores, Qualification, Quarter-finals | 2-nd legs
12.02.2026
Ice Hockey | Olympic Games | Czech Republic vs Canada
Soccer | England, Premier League | Brentford – Arsenal
Basketball | NBA | Orlando Magic – Milwaukee Bucks
Basketball | EuroLeague, Regular Season | Round 28
Rugby League | Super League (England, France) | Regular Season
13.02.2026
Ice Hockey | Olympic Games | Canada vs Switzerland
Basketball | NBA | Oklahoma City Thunder – Milwaukee Bucks
Handball | Germany, Bundesliga | Next Round
14.02.2026
Ice Hockey | Olympic Games | USA vs Denmark
Soccer | England, FA Cup | 1/16-finals
Soccer | Germany, Bundesliga | Werder Bremen – Bayern Munich
Rugby Union | France, Top 14 | Round 17
Handball | Spain, Liga ASOBAL | Next Round
Basketball | Spain, Liga ACB | Round 20
15.02.2026
Ice Hockey | Olympic Games | Switzerland vs Czech Republic
Soccer | Italy, Serie A | Inter – Juventus
Soccer | Italy, Serie A | Napoli – AS Roma
Soccer | Italy, Serie A | Lazio – Atalanta
Soccer | Spain, LaLiga | Girona – Barcelona
Soccer | Spain, LaLiga | Real Madrid – Real Sociedad
Soccer | France, Ligue 1 | Marseille – Strasbourg
Soccer | France, Ligue 1 | Rennes – PSG
Basketball | NBA | ALL-Star
Tennis | WTA 1000 Dubai, United Arab Emirates | Dubai Duty Free Tennis Championships
Active Promotions Across N1 Partners Brands
To boost player activity and support conversion rates during peak dates, N1 Partners is launching seasonal Valentine’s Day promotions across key brands. These campaigns provide partners with additional leverage when driving traffic and engaging users.
Valentine’s Advent Calendar (N1 Bet, RollXO)
Period: 13.02–17.02
Daily rewards available for participants over five days:
- 13.02 Love Box: prize up to €15,000
- 14.02 Valentine’s Riddle Offer: 100% bonus up to €500 + 150 FS
- 15.02 Sunday Challenge: 50% bonus on the 3rd deposit
- 16.02 Road to Free Spins: 30 FS for every €350
- 17.02 Fortune Lottery Series: prize pool €63,000
Cupid Mailbox Lottery (Lucky Hunter)
Period: 09.02–14.02
Prize pool for 28 winners: trip to Paris + €6,400 + 1,400 FS
Why This Matters for Partners
Seasonal promotions and event-driven campaigns help partners address several key challenges when working with Tier-1 traffic:
- encourage higher average deposits
- increase LTV through repeat engagement
- sustain activity during periods when CR typically declines
- integrate smoothly into creative bundles and ad formats
- strengthen the emotional appeal of offers through holidays and major events
In a highly competitive environment, these product-driven initiatives help partners maintain stable and predictable performance.
What Partners Should Do Now
February combines major sports events, seasonal triggers, and strong promotional mechanics into a single high-potential window.
Drive traffic to key sports events and Valentine’s Day promotions across N1 Partners brands: N1 Bet, RollXO, and Lucky Hunter.
The N1 Partners team is ready to provide up-to-date promotions, analytics, and dedicated support tailored to your traffic volumes.
Join N1 Partners
N1 Partners provides everything affiliates need to stay ahead: high-converting products, ongoing analytics with optimization recommendations, and hands-on support from managers focused on long-term performance.
N1 Partners is more than an affiliate program. As a multi-brand affiliate platform and direct advertiser, the company unites 14+ casino and betting brands, operates across Tier-1 GEOs, delivers Reg2Dep rates of up to 70%, and offers competitive deals for top partners — CPA up to €700 and RevShare up to 45%. Trusted by 14,000+ partners, N1 Partners is recognized for its transparency, flexibility, and partner-first approach — where people and communication quality remain the foundation of long-term success.
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