Next Gen Sports Betting and Media Company Participates in Fireside Chat to Discuss the Significant Opportunities and Global Potential of Esports Betting
TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — PMML Corp. (the “Company” or “Rivalry”), the parent company of Rivalry, an internationally-regulated sports betting and media company, today announced that Co-Founder and CEO, Steven Salz, was a featured fireside guest at Craig-Hallum’s Online Gaming Conference. Other featured presenters included DraftKings, FanDuel, theScore, Bally’s and more.
“I am thrilled to be able to present at today’s Craig-Hallum Online Gaming Conference, sharing the knowledge of esports betting that I’ve acquired while building Rivalry,” said Steven Salz, Co-Founder and CEO of Rivalry. “The online gaming industry is exploding with opportunity, and I’m proud to represent Rivalry and more broadly esports at this conference and share the unique investment opportunities presented by building innovative products for the next generation of sports bettors.”
Rivalry has submitted an application to list on a recognized stock exchange later this year and has raised over US$40 million in the last twelve months to support its rapid growth. The Company operates one of the most globally recognized esports betting brands and has developed a variety of original intellectual property specifically catered to the next generation of sports bettors.
Further information on Rivalry can be found at www.rivalry.com.
About PMML Corp. and Rivalry
Rivalry Limited, a wholly owned subsidiary of PMML Corp., is a leading sport betting and sports media property offering fully regulated online wagering on esports, traditional sports, and casinos 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 of nearly 80 staff 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 multiple country licenses in parallel. The Company also has a variety of originally developed products, including Quest, a gamified on-site betting experience, and a growing suite of original casino games called Rushlane that offers both B2C and B2B opportunities.
Steven Salz, Co-Founder & CEO
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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.
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