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Rivalry reported a betting handle of
Rivalry generated
Salz also highlighted several key factors contributing to Rivalry's as the company successfully grown its casino segment, which now accounts for approximately half of the company's total betting handle. This expansion illustrates the company's ability to cross-sell its offerings and drive growth, even during periods of low viewership for certain esports events.
Year-to-date customer key performance indicators (KPIs) have reached historic highs, including record levels of average handle per customer, average revenue per user, and the lowest-ever cost of customer acquisition.
Rivalry's year-to-date results have been exceptional, with a 127% increase in betting handle, a 70% growth in revenue, and a remarkable 175% surge in gross profit compared to the first nine months of the previous year.
Salz also shared the company's future outlook, with a focus on achieving profitability in the first half of 2024. These achievements highlight
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