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Rivalry Announces Former World Economic Forum and Twitter Exec Joins Its Board of Directors
Kirstine Stewart is a leading media & technology executive whose extensive global experience will assist the Company’s international growth ambitions
TORONTO, Oct. 15, 2021 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), an internationally-regulated sports betting and media company, today announced that Kirstine Stewart was elected to join its board of directors (the “Board”). Ms. Stewart’s election was approved at the Company’s recent meeting of shareholders (the “Meeting”), in addition to the appointment of Stephen Rigby, the most recent President and CEO of Ontario Lottery and Gaming Corporation, representing a critical step in Rivalry’s continued journey to becoming a global player in regulated online sports betting.
Over her career, Ms. Stewart has held a series of executive positions in Canada and the US working at the intersection of media and technology. Getting her start in television broadcasting, Ms. Stewart headed up programming at top cable channels such as Hallmark, HGTV, The Food Network and National Geographic before becoming Head of Canada’s national broadcaster, the CBC. Ms. Stewart then transitioned to VP of North American Media at Twitter in New York, where she led teams across the US driving partnerships in News, Entertainment, Government and Sports. Her most recent role was Head of the Future of Media at the World Economic Forum (WEF), where she worked with the CEOs and Chairs of companies such as Bytedance, Facebook, NBCU and Google. She is currently the CRO of Pex, an innovative digital rights technology company that is backed by Tencent and other leading global investors.
Kirstine Stewart has served on several public, private and nonprofit boards including TheScore, WOW and Ryerson University’s tech incubator DMZ. She currently sits as a founding member of the Coalition of Innovation Leaders Against Racism hosted by MaRS, the CAMH Foundation Board and the Prosperity Project focused on the socio-economic post pandemic recovery of women in the workforce.
“Kirstine’s background reads like the DNA of Rivalry. She has extensive experience in media, specifically at Twitter, which innovated what content and brands look like on the internet. Then going to the WEF as Head of the Future of Media is a caliber of global experience that aligns with our ambitious expansion plans at Rivalry,” said Steven Salz, Co-Founder and CEO of Rivalry. “I’m confident this significant knowledge and category understanding will enable us to further execute on our vision to provide the safest and most engaging sports betting and sports media experience in the world for the next generation of fans.”
“I couldn’t be more excited to be joining the Board of such an innovative team in the sports betting industry. Rivalry’s media and betting strategy is creating something unique for the next generation of sports bettors, and I am excited to see us continue to grow and evolve alongside this fast-paced industry. I can’t wait to get to work collaborating with such a dynamic, well-informed and motivated team,” said Kirstine Stewart, Rivalry director.
In addition to electing Ms. Stewart and Mr. Rigby to the Company’s Board at the Meeting, shareholders re-elected Steven Salz, Steven Isenberg, Ryan White and Kevin Wimer.
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, a gamified on-site betting experience, and an original casino game called Rushlane that offers both B2C and B2B opportunities.
Company Contact:
Steven Salz, Co-Founder & CEO
[email protected]
Media Contact:
BRANDSTYLE COMMUNICATIONS
Kell Cholko I [email protected]
Investor Contact:
Vincic Advisors
Jeff Codispodi I [email protected]
Cautionary Note Regarding Forward-Looking Information and Statements
This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions.
Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements, including with respect to the Company’s expansion prospects. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the e-sports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of e-sports and other betting products are not guaranteed; changes in public perception of the e-sports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations; operational risks; cybersecurity risks; the impact of the COVID-19 pandemic; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company’s prospectus dated September 17, 2021 available on the Company’s SEDAR profile at www.sedar.com.
No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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Gentle Fox Hold and Win continues 1spin4win’s four-part Japanese-themed slot series, following Tiger’s Steps Hold and Win, April’s most-played slot by bet count.
While its official release date is May 29, Gentle Fox Hold and Win was selected for exclusive pre-release by leading casino platforms, including Irwin, Gizbo, Jet, Izzi, Fresh, and others — a clear sign that operators are actively seeking content that combines originality with commercial impact.
Being the second title in the series, the game invites players to uncover the story of Tomoko-hama — the dangerously charming geisha known as the Gentle Fox — whose wit, beauty, and cunning hide a deeper motive.
Set in the shadow of Mount Fuji, Gentle Fox Hold and Win picks up the narrative thread that began in the first game of the series, drawing players further into a carefully crafted storyline. Years after being taken from her village and brought to the shogun’s castle, Tomoko-hama now tests the will and bravery of those who enter her tea house.
The core challenge of the game is the Hold and Win feature, triggered by landing three or more golden Coins. Players must then fill the Bonus reels with more Coins for the chance to win big, including the x100 Minipot Coin and the elusive x1,000 Megapot.
Olga Bogdanova, the Art Director at 1spin4win, commented, “The second slot in our Japanese-themed series keeps the rich atmosphere of the first but adds a deeper, more intriguing layer. Designed in warm tones, the game gently draws you into a world where calm hides a silent secret.”
Despite the narrative depth, the gameplay remains easy to understand with medium volatility and 97.1% RTP, which is in line with 1spin4win’s signature approach to slot design: simple mechanics, high engagement, and intuitive play for all levels of players.
As this new chapter opens, players move one step closer to the final clash that awaits in the series’ concluding release. Until then, all eyes are on Tomoko-hama — the Gentle Fox — and the secrets she’s yet to reveal.
About 1spin4win
1spin4win is a fast-growing game provider founded in May 2021 by ambitious developers with over 15 years of experience in the gambling industry. Since its inception, the company has expanded its portfolio to include over 150 classic online slots, all characterized by quality mathematics, transparent mechanics, and well-balanced gameplay — key factors that drive strong player retention. The studio consistently releases an average of four new games each month and offers effective promotional tools for casino operators to help them enhance player loyalty.
The post Hold and Win brings intrigue to 1spin4win’s Japanese saga appeared first on European Gaming Industry News.
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AI has transformed the art of buying a race horse, with records smashed at 2025 breeze up sale events
2025’s breeze up sales are completed, with last Friday’s Tattersalls Ireland sale at Fairyhouse concluding the events for the year.
Breeze up sales are a vital part of the horse racing industry. Data is essential for punters to make informed sports bets and is equally important when assessing the potential of a race horse.
At a breeze up event, race horse trainers, buyers and journalists get to watch two-year-old horses literally “breeze up and down” the track, showing off their pedigree, canter, gait, and hundreds of other data points that go into predicting a horse’s future performance on the racetrack.
Not only have the sales broken all the 2024 records in many metrics, they’ve also surpassed some all-time records since breeze up sales began in Great Britain in the 1970s – from top-selling lots to the total sales figures.
One notable facet of this year’s events was the contribution of Pythia Sports’ new proprietary technology, which combines artificial intelligence, machine learning, and historical breeze up sales data to improve the accuracy of performance predictions.
The Highlights
Stephen Davison, head of commercial operations at Pythia, said: “The video content captures some brilliant highlights of everything that goes into creating a complete data set at the 2025 sales. The breeze up continues to be an ever-popular sale for buyers seeking top two-year-old talent, and it’s a testament to the hard work of all the consignors and buyers who helped drive this year’s record-breaking results. We hope the insights provided through our data have played a small part in supporting their success.
“From our point of view, we’re really pleased to have been involved in 18 purchases, with the combined purchase prices exceeding £1.4 million. We’re very much looking forward to seeing them on the track and hope they prove very lucky for their owners.”
Davison continues: “It’s also fantastic for those who want an inside look into some of the hard work that happens behind-the-scenes in horse racing. We’re really pleased at how successful the sales have been, and we love how the sector has responded to our breeze up technology.
“Incorporating more than 100 essential factors, the innovative tech is a proprietary model which evaluates time, stride and biomechanics for every horse at the breeze ups. These individual factors then generate a comprehensive rating for each horse,” said Davison.
Breeze up sales – by the numbers
2025 was a banner year for breeze ups across Europe, with YOY changes increasing greatly and some historic records smashed.
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Total turnover from all sales: c£70.2m
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Craven YOY increase: +25.7%
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Goffs UK YOY increase: +12.4%
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Arqana YOY increase: +24.8%
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Tatersalls Ireland YOY increase: +21.5%
In addition, at the Craven sale, the record purchase price for a breeze up horse was broken on consecutive days:
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£1.4m Acclamation colt – purchased by Godolphin
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£1.75m – Havana Grey colt purchased by Amo Racing,
Further records broken:
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The horse that won the 2,000 Guineas, Ruling Court, was a breeze up horse that sold for €2.4m at 2024’s Arqana Sale
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The first-ever Goffs sale of a £1m breeze up horse occurred this year, with a Mehmas colt selling to Godolphin.
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2025’s Tattersalls Ireland sale was the first time trade has exceeded the €10m euros mark – the first time in Tattersalls Ireland history the 8-figure mark was reached.
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Top lot was a Night of Thunder colt sold to Stroud Coleman Bloodstock for 580,000 EUROS.
“Tattersalls Ireland provided a fantastic finale to the breeze up season, with average prices rising and yet more records falling. It’s clear that breeze ups have become an essential part of the sales calendar, offering buyers both quality and confidence. It’s an exciting time for the sector — and now, with the sales behind us, the spotlight shifts to the track. I’m sure, like me, everyone is eagerly anticipating how these horses perform, especially with some already making a strong impression,” Davison explained.
The post AI has transformed the art of buying a race horse, with records smashed at 2025 breeze up sale events appeared first on European Gaming Industry News.
The resignation of the top PAGCOR leadership came even before the Palace called on all officials of government-owned or controlled corporations (GOCCs) to submit their courtesy resignations on Wednesday.
“We serve at the pleasure of the President,” Mr. Tengco said. “And we will accept whatever the Chief Executive’s decision will be.”
Along with Mr. Tengco, those who voluntarily stepped down were PAGCOR President and COO Wilma Eisma and Directors Jose Maria Ortega, Francis Democrito Concordia and Gilbert Cesar Remulla.
The post PAGCOR CHAIRMAN, ENTIRE BOARD TENDER COURTESY RESIGNATION appeared first on European Gaming Industry News.
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