Rivalry Corp Releases Fantasy Basketball App for 2023/24 NBA Season in Partnership with Low6

Rivalry Ultimate Fan taps into trading card culture, collectibles and local communities to engage the next generation of basketball fans throughout the 2023/24 NBA season and expand the company’s position within traditional sports verticals

Rivalry Corp (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for Millennials and Gen Z, today released Rivalry Ultimate Fan, a standalone daily fantasy sports app for the 2023/24 NBA season launched in partnership with Low6, a leading gamification innovator.

“Rivalry Ultimate Fan applies our Gen Z playbook to the world of fantasy sports to engage the next generation of basketball fans and strategically position our brand within a new vertical,” the co-founder and Chief Executive Officer for Rivalry Corp, Steven Salz, said. “Expanding further into the traditional sports segment enables us to introduce the unique betting experience we’ve built to a new community of players and realize the operating leverage we see in other parts of the business among a broader audience. Low6 has delivered an innovative free-to-play product that fits well into this strategy and builds our presence in an important category.”

Rivalry Ultimate Fan is a free-to-play fantasy basketball game that taps into the rise of trading card culture, collectibles and pack openings. Users open digital card packs of NBA players to create line-ups, compete in weekly contests throughout the season and win an array of prizes including NBA merchandise, gift cards and redeemable promotions on Rivalry Corp’s sportsbook and casino.

Rivalry Corp will also release a collection of physical booster packs containing custom-illustrated trading cards of NBA players, Rivalry Corp’s original IP and more with QR codes to claim additional prizes. This includes The Big Baller, a one-of-one holographic card that will award two tickets to the 2024 NBA Finals. Further tapping into the excitement of trading cards, Rivalry Corp will collaborate with its creator partners to livestream Rivalry Ultimate Fan pack openings to its audiences throughout the season.

“Rivalry Corp’s expertise and understanding of Millennial and Gen Z customers is very much aligned to Low6’s product development,” the co-founder and Chief Executive Officer for Low6, Jamie Mitchell, said. “We’re confident our award-winning fantasy game will drive acquisition and engagement for Rivalry Corp among a new audience while maintaining its commitment to innovation and one-of-a-kind experiences in betting.”

Adding to the offline experience, Rivalry Corp will give back to basketball fans and local communities by refurbishing outdated and neglected basketball courts. The promotion will allow registered Rivalry Corp users who have bet on basketball to submit their local court to be restored in hope that it may help cultivate the next NBA star.

Rivalry Ultimate Fan will be available on iOS and Android mobile devices in a sub-set of the company’s Isle of Man-licensed markets. Rivalry Corp will explore opportunities to expand the product and other similar free-to-play offerings to additional regions in the future.