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<\/div>\nThe sports betting<\/a> and media company Rivalry Corp has cut operating expenses by a huge 62% year-over-year, its latest quarter report<\/a> shows.<\/p>\n The brand is undergoing a \u2018rebuilt, high-leverage model,\u2019 with this being its second quarter under the new approach. The restructured business model was initiated in late 2024, with a focus on efficiency, improved player monetization, and deeper operational discipline.<\/p>\n \u201cWe\u2019ve rebuilt Rivalry into a lean, high-performance engine,\u201d said Steven Salz, Co-founder and CEO of Rivalry. \u201cPlayer monetization is at all-time highs, the product is stronger than ever, and we\u2019re doing more with less.\u201d<\/p>\n In Q2 of 2025, net revenue increased 24% sequentially to CAD 1.6 million ($1.2 million) which is up from $1.3 million in Q1 of 2025 despite \u2018a declining expense base and completely flat marketing spend.\u2019<\/p>\n The operating expenses went down by 62% to CAD 3.6 million, down from\u00a0 CAD 9.5 million in Q2 2024. The average customer acquisition cost payback across H1 2025 was around 1.5 months which the company says reflects \u201cimproved funnel conversion, higher player value, and stronger retention – all achieved under constrained spend conditions.\u201d<\/p>\n As for the run-rate monthly operating expenses, these remain approximately $600,000.<\/p>\n The company\u2019s previously announced evaluation of strategic alternatives remains ongoing, with the team continuing to explore a range of potential outcomes aimed at maximizing shareholder value.<\/p>\n \u201cThis Strategic Review is about enabling growth from a fundamentally stronger base,\u201d said Salz. \u201cWe\u2019ve rebuilt the engine. Now we\u2019re focused on unlocking its full potential.\u201d<\/p>\n The timing of the completion of the review hasn\u2019t been shared, but three focuses have been highlighted. The first is \u201cnormalizing the cost base to the aforementioned run rate by resolving non-recurring liabilities and payables from prior periods.\u201d<\/p>\n The second focus is activating a controlled growth strategy which will be supported by high marketing efficiency and a 1.5-month Customer Acquisition Cost payback average observed throughout 2025.<\/p>\n Thirdly, the company will be looking at targeted cost optimization, with additional reductions being assessed for H2 2025.<\/p>\n Featured Image: AI-generated via Ideogram<\/i><\/b><\/i><\/b><\/p>\n The post Rivalry Corp cuts expenses by 62%, with Q2 showing results of new business model<\/a> appeared first on ReadWrite<\/a>.<\/p>\nRivalry Corp to continue strategic review and operational focus<\/span><\/h2>\n