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A sip of tea, a discovery of China

China News Network

BEIJING, CHINA - Media OutReach Newswire - 7 December 2023 - Tea is one of the world's top three beverages. China is the world's first country to both make and consume tea. Wuyi Mountain in China's Fujian Province gave birth to the Chinese black tea. Along the ancient trade routes, black tea from Wuyi Mountain gained immense popularity among Europeans, gradually making black tea the most consumed type in the world. Tea culture is also ubiquitous in Fujian where the practice of drinking tea prevails. The process of making and consuming tea is part of our communication with nature. Applying their understanding of nature to tea making, Fujianese seek out the true essence of life. Contact Details Wen Tianxia guojixinwenbu@chinanews.com.cn

December 07, 2023 11:24 AM Eastern Standard Time

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Matrixport Forecast Bitcoin To Hit $60,000 As Amount of Chainlink on Exchanges Drop

Total Media

Matrixport has predicted that Bitcoin will reach $60,000 in the coming months as the market prepares for the 2024 bull run. Meanwhile, data shows that Chainlink holdings on exchanges have dropped. Also, Everlodge is preparing for the next stage of its presale and could skyrocket in the coming weeks. Bitcoin (BTC) Price To Hit $60,000 in April According to Matrixport's report on December 1st, Bitcoin is on a bullish trajectory, projected to reach $63,140 by April 2024. This expected increase can be attributed to various factors. They include historical trends, mining reward halving, and favorable macroeconomic conditions. Matrixport has maintained confidence in Bitcoin price to hit $125K after the upcoming halving event. In the "Matrix on Target" report dated November 22nd, it was predicted that Bitcoin would exceed $38,000 by the end of November, with an 80% probability. Subsequently, a rally to $40,000 in December was forecasted with a 90% probability. This Bitcoin prediction is further supported by the buzz surrounding spot Bitcoin ETFs. Chainlink (LINK) Ready To Rise As Holdings on Exchanges Drop Chainlink (LINK) released an updated staking system for LINK holders on November 28th. This staking update likely made Chainlink coin holders more optimistic about the future. According to data from Santiment, the amount of Chainlink held on exchanges decreased to 15.04% of Chainlink's total supply. This level was last recorded in February 2020. Analysts have projected a possible Chainlink price following the drop in available LINK tokens on exchanges. They explained it would lead to a decrease in the pressure to sell the asset. The Chainlink price chart has already been bullish. The price of Chainlink has increased by 33.5% on the monthly chart. Chainlink token is currently stuck between the $13.85 and $15.21 price range. Everlodge (ELDG): Own Properties in Miami and Dubai Aside from Bitcoin and Chainlink, Everlodge (ELDG) has also gained the attention of the crypto space, thanks to its utility and use case. Everlodge has reshaped the real estate industry by introducing an innovative approach to property trading. Traditionally, ownership of luxurious villas in prime locations like Miami and Dubai was limited to a privileged few. However, Everlodge's platform has revolutionized this landscape. It has broadened access to luxury property investments, thanks to its unique NFT fractional ownership model. Additionally, Everlodge has included artificial intelligence to enhance the functionality of its marketplace. The AI tool was designed to monitor real estate trends worldwide. Real-time property value information for particular areas will be provided by the tool. Furthermore, it will assist in identifying markets with great potential as well as those that are undervalued. By representing a user's share in a property, Everlodge uses NFTs to simplify real estate transactions. Priced at $0.025, Everlodge's native token, ELDG, has entered its seventh presale stage. It has benefits like discounts and staking incentives. Its price is expected to rise to $0.50 by 2024's first quarter, according to experts. This prediction is supported by Everlodge's integration into the vast $280 trillion global real estate market. For more information, please visit the Everlodge website. Contact Details Everlodge Media media@everlodge.io

December 06, 2023 01:00 PM Eastern Standard Time

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Solana Price Prediction, What’s The Next Price Target? Meme Moguls Buzz Increases Around Its $10,000 Giveaway

Total Media

Solana’s recent market performance has gotten crypto investors much more interested. Will the story remain the same till 2025? Find out how Solana is predicted to perform in the future and how Meme Moguls can become a smart investment choice. >> Can You Predict The Next 1000x Meme Coin? Become A Meme Mogul Today << Solana (SOL): What Does Solana News Say? Solana's recent staggering performance, with a 520% surge this year, leaves people wondering — Is Solana a good investment? The resolution of Sam Bankman-Fried's trial, (a key Solana investor) seems to have lifted uncertainties around the Solana coin contributing to its increasing success. According to Cointelegraph, more investors are flocking to Solana coin, as Ethereum and Bitcoin face relative decline. Likewise, Solana's price prediction is looking good according to CoinMarketCap. Due to increasing community investors and traders, Solana's price is expected to have a bullish outlook— ranging from $73.85 for the minimum price to $84.24 for the maximum price. This analysis suggests that Solana may still be a good investment in the future. Currently ranking as the 7th largest cryptocurrency by market capitalization price of $23.54B, Solana has already edged a dominating position in the crypto space. As a result, investors can expect to see more uptrend as the year goes by. Meme Moguls (MGLS): Key Investment Strengths Meme Moguls (MGLS) plans to emerge as a compelling investment avenue, being the world's first meme-backed stock market/exchange. Unlike Solana, it’ll be fostering a community-driven ecosystem where users can earn $MGLS tokens and refine meme trading skills. With its innovative concept of memes and trading in an investment landscape, the platform encourages interaction, collaboration, and lively discussions among like-minded individuals, creating a supportive investment environment. Meme Moguls also incorporates a competitive Wealth Leaderboard, which motivates users to showcase their trading skills. You can even claim NFT rewards if you’re active enough in gameplay. Another enticing buzz around Meme Mogul is the “Strategic Presale Initiatives” which include a $10,000 giveawa y for active Twitter users by the end of each presale stage. With the aim to grow big, Meme Moguls targets creating 100 millionaires within three months, positioning itself as a potential 100x token. It also provides a useful meme coin that's predicted to increase 20x in value in the last quarter of the year, especially with the booming global meme industry. You can join now for only $0.0021 before the next price surge. Overall, in contrast to Solana, Meme Moguls presents an excellent opportunity for investors to engage with the evolving crypto landscape while leveraging the popularity of memes and the potential for substantial growth within the $MGLS ecosystem. For more information about the Meme Moguls (MGLS) presale: Website: https://mememoguls.com/ Buy presale: https://app.mememoguls.com/sign-up Twitter: https://twitter.com/meme_moguls Contact Details Meme Moguls PR pr@mememoguls.com

December 06, 2023 12:11 PM Eastern Standard Time

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TICK TOCK, IT’S GIFT O’CLOCK

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/isxODjRl8hw The holiday retail season is sneaking up on consumers who are eager to find the latest and greatest gifts for family and friends. According to the latest industry data, sales are expected to increase between 3.5% and 4.6% when compared to last year. That means most shoppers plan on spending just over $800 on holiday gifts this year. That rings in to more than $180 billion in total. Popular gifting categories remain consistent with last year’s trends, with tech gadgets reining supreme, followed by footwear, bath and body goods, scents, and travel. However, a growing number of Americans plan on gifting quality time to loved ones, in the form of concerts, movies, and restaurant experiences. Brahney has compiled a list of her favorite holiday hosting and gift ideas. GIFTING POPULAR & TRENDING: Brahney says, “Tractor Supply, the largest rural lifestyle retailer in the nation, is committed to helping shoppers sleigh the holidays by providing a one-stop shop for everyone on your list.” She continues, by pointing out one of the best gifts out there, which is a TikTok sensation, “ The Tractor Supply 12V Zero-Turn Lawn Mower Ride-On Toy is so popular and the kiddos are loving it!” It’s a toy lawn mower with an enclosed translucent deck that provides a lifelike illusion of mowing. The dual motor handle drive system is easy for little hands to operate and even allows for 360-degree spins. The rubber traction strip tires keep the ride smooth and steady, while the included seatbelt and cup holder add safety and convenience. It comes with a 12V rechargeable battery and wall charger. The lifestyle expert also points to another gift for people of all ages, saying “We can’t forget about the YETI Ramble 30 oz Tumbler. It’s perfect for the moms and dads who are outside playing with their kids.” The tumbler is double-wall insulated with an 18/8 stainless steel body, which means a drink keeps its temperature no matter how much of a beating this cup takes. The YETI Ramblers are BPA-free, dishwasher safe, and have a No Sweat Design to make sure your hands stay dry. Tractor Supply now has a robust line of Yeti products, like coolers, chairs, mugs and more Tractor Supply recently released its helpful holiday gift guide chock full of gift ideas that fit every budget and occasion - and all with the goal of sparking joy and connection this holiday season. Visit tractorsupply.com/gifts to find the perfect items for everyone on your list. Direct link: Holiday Gift Guide: Country Christmas Gifts | Tractor Supply Co. Social media handles: Facebook: Facebook Instagram: Instagram Pinterest: Pinterest X (Twitter): Twitter TikTok: TikTok YouTube: YouTube GIFTING AN EXPERIENCE: One of this year’s biggest gifting trends is the gift of an “experience.” Brahney points out how this category has really grown in popularity over the past couple of years, adding, “Taking care of yourself and others is a priority and a Massage Envy gift card is the one gift that's guaranteed to fit “every body” you’re shopping for.” It’s consumer-friendly and does not require a lot of time. She says “You don’t need to know their size, favorite color, or even whether they’d prefer a massage or facial. A gift card lets THEM choose how they’d like to spend their me time!” Massage Envy franchised locations have a special offer for members and guests this holiday season. Shoppers get a free $20 promo card when they purchase $100 in gift cards between now and December 31, 2023! This offer is available in-location only; not available online. Consumers should visit a local Massage Envy franchised location or check out MassageEnvy.com to learn more Each location is an independently owned and operated franchise. Direct links: https://www.massageenvy.com/ Social media handles: Facebook: @ MassageEnvy Instagram: @ MassageEnvy X (Twitter): @ MassageEnvy GIFTING WARM & COZY: As outdoor temperatures start to dip, Marisa says it’s fun to single out gifts for those looking for a warm and cozy night in with the family? “Bedsure is one of my favorites, says Brahney, adding, “It’s a budget-friendly and stylish brand. Their blankets, bedding and wearable items come in so many different colors, patterns, and sizes.” Bedsure's Flannel Fleece Blanket, Reversible Bed-in-a-Bag, Duvet Cover Set and Wearable Blanket Hoodie are up perfect holiday gift ideas. Search Bedsure on Amazon for all of the brands great early Black Friday deals. Bedsure's cozy products are the perfect gift for those looking to add an extra layer of coziness this winter. Direct link: https://www.amazon.com/stores/page/877FBF1B-DFDF-4F65-9007-9CEC39B41E0D?ingress=0&visitId=c3e6dad3-e60e-45c1-8be5-d3ad37fa3a98&store_ref=org_bbb_bsp_bi-shop-by-category Social media handle: Facebook: https://www.facebook.com/bedsurehome Instagram: https://www.instagram.com/bedsurehome Pinterest: https://www.pinterest.com/bedsurehome/ X (Twitter): https://twitter.com/bedsurehome YouTube: https://www.youtube.com/@bedsurehome GIFTING FAMILY FUN: The lifestyle expert recommends unique gift ideas, especially something the entire family can enjoy together. So many of us drive around our neighborhood or visit cities to see all the holiday lights,” says Brahney, adding, “I love the idea of brightening up our festivities without the yearly tangle and hassle.” Govee Permanent Outdoor Lights are the industry's first self-installation permanent outdoor light, offering a premium experience with unparalleled price advantage and weather-proofing. With one-time installation, users can enjoy the ultimate lighting experience for years. Users can choose from over 16 million colors to adorn their home’s facade with white and blue for Hanukkah, red and green for Christmas, or a warm white for year-round – giving users the ability to achieve the perfect ambience throughout the year. Govee Permanent Outdoor Lights have an effortless installation process thanks to its user-friendly design and hassle-free setup. Brahney highlights how these lights are built to brave rain, snow, and extreme temperatures, ensuring they shine brightly every season. Direct link: Govee Permanent Outdoor Lights Social media handles: Facebook: @Govee Instagram: @goveeofficial X (Twitter): @GoveeOfficial Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 06, 2023 10:29 AM Eastern Standard Time

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Minuteman Press Franchise in Londonderry, NH Wins Business of the Year

Minuteman Press International Inc

For over 8 years and counting, Bob Bean has been the proud owner of the Minuteman Press franchise in Londonderry, New Hampshire located at 44 Nashua Road, Unit 18. When Bob purchased the business in October of 2015, he followed the Minuteman Press system and immediately became involved with several community groups and organizations. Thanks to Bob’s hard work and dedication, Minuteman Press in Londonderry has won the Business of the Year award from the Greater Derry Londonderry Chamber of Commerce. Bob accepted the award at the special awards dinner that was held on Oct. 12, 2023 at the Tupelo Music Hall in Derry NH. Bob shares his humble reaction to winning the award and provides his insights on the importance of being an active member of local groups in order to build relationships and generate referrals. He also talks about his journey to Minuteman Press and how his passion for helping others drives him today. What does it mean to you to win Business of the Year? H ow are you active in your community? Bob Bean: “Receiving the Business of the Year is a humbling experience. It was a surprise, I did not know that we had made such an impact in the Chamber and business community for this recognition. We have just tried to provide services to the businesses and the community to the best of our ability. It is great to be recognized and know that we are doing a good job with in the communities that we serve. I am involved in two local Chambers, member of the Rotary Club of Londonderry, and have been an active member in BNI for 8 years. I have made many connections with a lot of the non-profits in the area and work with them to help with their needs and support their functions. With the local rotary we have sponsored Christmas on the Commons, Senior High School Graduation Banners have donated to many non-profits and helped with fuel assistance during the winter months. I am also involved with the Freemasons in the state.” How would you best describe your community? Bob Bean: “ The Derry/Londonderry community are the largest two towns that are in the chamber and we have several smaller towns in the chamber also. New Hampshire does not have a lot of large metropolitan areas; it is made up more of small towns that are convenient to bordering states. Other than small businesses and small business owners, the majority of the communities are made up of people that work out of state. The people and businesses in the community are open and always look for ways to help each other when possible. As business owners, we all want to support each other and do what we can to see that we can grow and thrive.” What are some of the key ways you’ve grown your business? Bob Bean: “Networking is the key that has worked for us. Since 2015, I have been a member of the chamber and of BNI. I have always been very active in the networking area by going to meetings, ribbon-cuttings, events, and visiting businesses. We took advantage of the upgraded minuteman.com website to get some traffic through online channels. One of the other biggest ways we’ve built the business is through referrals from our customers and the organizations we work with.” What are your high-demand products and services? Bob Bean: “We have been able to provide direct mail services for many of our clients; this has been a big part of the business over the last few years especially during the pandemic. We also do a lot of marketing catalogs and Playbills for several theater groups and music groups.” What was your previous background? Why did you choose Minuteman Press? Bob Bean: “I was in the computer industry for almost 40 years. Most of my career was in management both in manufacturing and support. I was a Field Service Representative for a computer company for many years. Then, for 20 years, I was a Technical Support Manager for a supermarket chain. I chose Minuteman Press because of the research I did on the company and talking to the Regional Vice President and several store owners.” What has the support from Minuteman Press been like for you? Bob Bean: “Minuteman Press International support has been good on all levels. When I have a question, we can usually get an answer quickly. When there is an issue, support has been good at assisting in resolving the issue.” What are the biggest personal and professional rewards of owning your business? Bob Bean: “Personal and professional goals are similar in that I enjoy helping people and organizations. This business has given me the chance to connect with many more people and organizations to be able to help and give my knowledge and experience to them so that they can succeed.” What advice would you give to other business owners right now? Bob Bean: “Get involved with your local Chamber of Commerce and BNI Networking Group. These two are very critical to the growth and success of the business. Also, look into other organizations and groups like the Exchange, Rotary, Kiwanis, or whatever is in your area and local to your business. But do not just join these groups; get involved and be active in what is going on with the groups and be involved in the community. You get out of them what you put into them, so if you are active and visible then you will be the person or business that others will seek out and rely on for help and advice.” For more information on Minuteman Press in Londonderry, NH, visit https://minuteman.com/us/locations/nh/londonderry/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

December 06, 2023 09:10 AM Eastern Standard Time

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White Party Palm Springs Hits the Desert for its 34th Year with Electrifying New Developments

Full Scope PR

PALM SPRINGS, CA | December 6, 2023 White Party Global (WPG) is proud to announce the return of White Party Palm Springs 2024 for its 34 th year of celebrating the LGBTQ+ community through infectious music and dancing. Occurring March 29 -31 in Palm Springs, CA this iconic weekend attracts thousands of attendees from around the world. This year, the festival is offering earlier dates, exciting new venues, a fresh new Host Hotel, new pricing, and an expansive variety of musical styles sure to satisfy everyone’s musical taste. Get ready to hit the dance floor because this year it’s all about the music! “I spent a lot of time thinking about how to take White Party to the next level for 2024,” says White Party Global Executive Producer, Chris Diamond. “Over the years White Party has continued to evolve, while at the same time maintaining classic elements that have created its legendary status. Beyond a completely reimagined itinerary for the weekend, we curated an eclectic mix of DJs with something to suit everyone’s musical taste. In a year where everything is getting more expensive, we lowered our prices so everyone, especially our younger guests, can come and experience the community spirit, the joy and the music that is White Party! I look forward to seeing you on the dance floor in 2024!” The reimagined Palm Springs event has partnered with The Saguaro Palm Springs hotel for ticket holders where they will also throw their all-new pool party series throughout the weekend. White Party ticket purchasers will have access to hotel rooms featuring spectacular views and upgraded amenities, always making sure they’re only steps away from the weekend’s activities. Start the weekend off with a splash with the AQUA BOY pool party, an all-new event, poolside at the colorful Saguaro Palm Springs. Dance to the unique beats of DJs Jae Fusz and Sharon O’Love. This exciting new pool party series continues Saturday with SOAKIN’ WET! and Sunday with MERMEN! Break out the squirt guns and grab your tails because DJ Corey Craig and Grammy winning Producer/Remixer/DJ Dave Audé and Isis Muretech will heat you up and get you ready to take the plunge into a refreshing musical pool! Pivoting to the first nighttime event of the weekend, White Party Global is excited to announce its partnership with the groundbreaking brand Tom of Finland as together they kick off, ACHROMATICA, a black and white themed night you won’t forget. This sexy night of leather features DJs Mohammad and Nina Flowers and launches you on a fast-paced ride to start the weekend right. A brand-new venue sets the mood as the Margaritaville Resort ballroom is transformed to suit your pleasures. The main event of the weekend returns to the Palm Springs Convention Center like you’ve never seen it before. Prepare for an intimate vibe and sultry dance floor that will transport you to a mystical time and place called SAHARA DESERT NIGHTS. You will enter an enchanted land of riches and exotic décor as you are surrounded by state-of-the-art sound, blazing lasers, and lighting. Dress in traditional white or go all out with Exotic Desert White. Feel the magic all night with DJs TDon, Tomer Maizner and Karsten Sollors. In an homage to the Pharoahs of ancient Egypt, the PHAROAH T-DANCE floor becomes an otherworldly temple as you dance under the protective eye of the Pyramid to state-of-the-art sound, lighting, and videos. The gods are with you as DJs Dan Slater and GSP transport you to another time. Fireworks will dazzle as the night sky darkens and the true magic begins with a backdrop of the Palms Springs mountain range. The weekend culminates in a high-energy closing party with the FORBIDDEN world of DJ Abel at the Margaritaville Resort ballroom. Abel is prepared to take you on a journey all night long and into the wee hours of the morning. Just you, your friends, and the music you love. Additional special guests will be unveiled within the coming months. For all the latest information on the host hotel, weekend pass pricing, and event details, be sure to visit www.whitepartyglobal.com and follow us on social via Instagram and Facebook. White Party Palm Springs 2024 is powered by Ketel One, Wet Platinum, GAY PV, Commando, KGAY, Daiquiri Dick’s…on the beach, HomoCulture, and Crumble Catering. White Party Palm Springs 2024 is the premier destination for the ultimate LGBTQ+ Music Festival entering it’s unprecedented 34th year in the beautiful resort town of Palm Springs, California. 3 days and nights of 7 amazing parties are included in our VIP Weekend Pass featuring our White Party Global DJs, world class recording artists, and amazing specialty acts that will keep all our guests entertained all weekend long. Contact Details Full Scope PR Jack Ketsoyan whitepartypress@fullscopepr.com

December 06, 2023 08:40 AM Eastern Standard Time

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Bitcoin Eyes $40k, Polygon Set To Explode While New Token Leads With Real AI Use in Crypto

Total Media

Excitement has been rekindled in the crypto market after the Fed hinted at a potential interest rate drop. Bitcoin has capitalized on this, surging past $40,000 to set its sights on $44,000. Polygon (MATIC) is another crypto that has gained momentum in the last few days. Because of this, a top crypto analyst has predicted a potential price surge for MATIC. Amidst the price rally, Everlodge has caught the attention of the crypto space. The project has gained popularity as it looks to lead the adoption of real AI in the crypto space. Bitcoin Has Reclaimed $40,000, Sets Sight on $444,000 A key Fed official has raised the possibility of a rate cut by spring if inflation keeps slowing. The announcement provided the cryptocurrency market a positive boost. Profiting from the optimistic outlook, Bitcoin surged beyond $40,000. The price of Bitcoin will surpass $44k if it breaks above $43,400. Additionally, TradingView data has indicated that the price of Bitcoin may soon surpass $40,000. The approval of a spot Bitcoin ETF is imminent, which might lead to a price rise above $50,000. Analysts have projected that the Bitcoin price could increase to $100,000 by the time of the Bitcoin halving. Some have projected a price of $100,000 for BTC by April 2024. Polygon (MATIC) Could Surge Soon Pseudonymous analyst Bluntz has shared his sentiments about Polygon (MATIC). Based on his analysis, MATIC is currently showing significant bullish signs. According to Bluntz, the price of Polygon is ready for a potential 20% push. When this happens, the price of MATIC could rally to a new high above $1. The MATIC price last traded above $1 in May. Several developments could cause the Polygon price to increase. First, the network is looking to transition. As part of the upgrade, the Polygon network will launch a rebranded POL token. In addition, Lumoz has announced that they will launch StableNet - an EVM-compatible ZK-Rollup - on Polygon. These events could provide the momentum for a price increase for the Polygon coin. Everlodge Leads Adoption of Real AI in Crypto Artificial Intelligence (AI) has emerged as one of the hottest trends in recent months. According to experts, AI will eventually prove to be priceless for platforms that rely on smart contracts and cryptocurrency. Everlodge has embraced this, integrating AI into its blockchain-based real estate marketplace. The purpose of these tools is to assist Everlodge members in making better investment decisions in real estate. These tools are available to Everlodge customers for monitoring, scanning, and analyzing worldwide real estate values. They will not only have access to the most recent global real estate prices, but the AI technologies will also be able to forecast future values. Everlodge wants to provide these properties with more optimized access. The integration of AI aligns with the project's objective of facilitating global accessibility and ease of real estate investing. Due to this, the project has already become popular in the crypto space, drawing a lot of investors to purchase ELDG, the native network token. The project has quickly sold over 18 million ELDG tokens. Also, because Everlodge is connected to the real estate market, which is valued at over $280 trillion, analysts have expressed optimism about it. They have therefore estimated greater upside potential for Everlodge than the Polygon coin. By 2024, ELDG could easily reach $1 per token, while trading at $0.025 at the moment. For more information about Everlodge (ELDG) please visit their website. Contact Details Everlodge Media Team media@everlodge.io

December 06, 2023 07:00 AM Eastern Standard Time

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Holiday Gadget Guide

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

December 06, 2023 06:00 AM Eastern Standard Time

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Rivalry Corp records record numbers as company releases Q3 financial results

Rivalry Corp

Rivalry Corp CEO Steven Salz joined Steve Darling from Proactive to share news the company has achieved remarkable results in the third quarter of 2023, setting new records in various key performance indicators. Rivalry reported a betting handle of $105.7 million, marking a significant 50% increase compared to the same period the previous year. The company reduced its marketing spend by 13% while achieving substantial growth in other areas, indicating improved marketing efficiency. Rivalry generated $8.7 million in revenue during the third quarter, representing a notable 22% increase year-over-year. The company reported a gross profit of $4 million, demonstrating a remarkable 90% growth compared to the previous year. 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 Rivalry Corp's strong market position and its ability to adapt and thrive in the competitive online betting and gaming industry. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

December 05, 2023 02:03 PM Eastern Standard Time

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