Canadian sports betting and casino operator Rivalry has announced record third-quarter results.
The company posted GGR of C$70.3m, up 203 per cent and another record in revenue of C$7.1m, up 93 per cent.
Gross profit, meanwhile, was C$2.1m, up 263 per cent.
Steven Salz, CEO at Rivalry, said the company’s popularity with millennial and Gen Z customers “was a catalyst in generating meaningful revenue”, amid several key international events driving the results.
Salz also highlighted Rivalry’s brand equity, loyalty and consumer engagement as key drivers in the operator’s growth.