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Rivalry reports CA$4.7m Q2 net revenue as betting handle falls 22%

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Rivalry reported Q2 2024 betting handle of CA$87.8 million, down 22% year on year, and net revenue of CA$4.7 million, up 22%. The company said its Rivalry Token generated an additional $1.7 million in revenue during the quarter and that it planned to expand the offering in Q3.

Rivalry’s results show lower betting handle alongside higher net revenue and additional income from its token.

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