Tag Archives: Q3 2023

Rivalry reports record third quarter revenue but net loss remains

SBC News Rivalry reports record third quarter revenue but net loss remains

Rivalry has demonstrated a record Q3, reporting reduced marketing spend and flattened opex, as the group publishes its latest financial results. The period – which ended 30 September 2023 – saw revenue of $8.7m, representing 22% increase year-over-year (Q3 2022: $7.1m) and also the highest yet for the sports betting platform’s third quarterly activity. Notably, the TSX-listed esports-focused bookmaker also …

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Tennis a ‘major contributor’ to IBIA’s Q3 report of 50 suspicious bets

SBC News Tennis a ‘major contributor’ to IBIA’s Q3 report of 50 suspicious bets

The International Betting Integrity Association (IBIA) has reported a total 50 suspicious betting cases in the third quarter of 2023.  The instances were identified across IBIA members’ global businesses, which covers more than 125 sports betting brands and over US$137bn in betting turnover per annum. Notably, it was football and tennis that accounted for 56% of these Q3 alerts.  In …

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