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Rivalry Reports Significant Growth in Fourth Quarter and Full-Year Results for 2023

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Rivalry, a betting company, has reported significant growth in its fourth quarter and full-year results for 2023. The company's betting handle increased by 82% to $423.2 million in 2023, while revenue jumped by 34% to $35.7 million. Gross profit also saw a 66% increase to $16.2 million. Rivalry's CEO, Steven Salz, stated that the company has become more diversified in terms of geography and product offerings, which positions them for sustainable growth in the future.

Rivalry, a betting company, has reported significant growth in its fourth quarter and full-year results for 2023. The company's betting handle increased by 82% to $423.2 million in 2023, while revenue jumped by 34% to $35.

7 million. Gross profit also saw a 66% increase to $16.2 million. Rivalry's CEO, Steven Salz, stated that the company has become more diversified in terms of geography and product offerings, which positions them for sustainable growth in the future.

 

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