Rivalry Posts Lower Revenue for 2024 but Sees Positive Signs Ahead

Rivalry Corp. shared its 2024 results, and while the numbers took a dip in some areas, the company says it is starting to see progress from changes it made. There were tough calls last year, but now the focus is on what those decisions are starting to build.

Good to know

• Operating expenses dropped by 17%, saving Rivalry around $6 million.
• The company ended 2024 with $2.7 million in cash.
• Rivalry now accepts the $TRUMP token on the Solana blockchain for payments.

Rivalry brought in $13.6 million in net revenue for 2024. That marked a drop of nearly $3 million from the previous year. At the same time, it reported a net loss of $22.4 million, but it managed to cut back spending. Total operating costs came in at $32.2 million, which was down from 2023 by about $6 million.

Co-founder and CEO Steven Salz reflected on how last year’s strategy has started to make an impact. He said: 

“We made hard decisions last year — rebuilding the product, cutting costs, and refining our approach to players — and those changes are beginning to show signs of positive impact. The latter half of 2024 set the stage, and we’re encouraged by the progress seen so far in 2025.”

Rivalry runs Casino.exe, a custom-built platform that hosts its original games along with other titles. The experience blends interactive gameplay with a virtual interface that makes it feel more like an immersive environment than a standard casino. Games like Bomb Squad, Penalty Shootout, Courier Sweeper, and Wheel of Time are available there.

The company also added a new crypto option recently. Players can now make payments using $TRUMP, the official Solana token connected to Donald Trump. That expands Rivalry’s list of supported cryptocurrencies and keeps the brand aligned with some of the more unconventional payment trends in the gaming space.

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