Rivalry Pauses Platform Activity Amid Strategic Review
Rivalry, a Toronto-based online betting and gaming operator, has significantly scaled back operations while assessing future strategic options. The company’s board approved the move following performance fluctuations and ongoing talks with outside parties about possible transactions involving its assets or corporate structure. The operator immediately suspended player activity on its platform and began returning funds to customers. At the same time, management introduced broad cost-cutting measures, including workforce reductions and tighter operating expenditures. Company representatives indicated that these steps aim to stabilize finances during […] The post Rivalry Pauses Platform Activity Amid Strategic Review appeared first on World Casino News.
Rivalry, a Toronto-based online betting and gaming operator, has significantly scaled back operations while assessing future strategic options. The company’s board approved the move following performance fluctuations and ongoing talks with outside parties about possible transactions involving its assets or corporate structure. The operator immediately suspended player activity on its platform and began returning funds to customers. At the same time, management introduced broad cost-cutting measures, including workforce reductions and tighter operating expenditures. Company representatives indicated that these steps aim to stabilize finances during […]
The post Rivalry Pauses Platform Activity Amid Strategic Review appeared first on World Casino News.
