Rivalry.gg halts betting operations amid major cost-cutting push

A sudden pivot for Rivalry.gg leaves players in limbo. After record highs in Ontario, the platform now faces layoffs, halted services, and an uncertain future.

, and Administrator

2026 March 17 . 4:03 PM

1 min read

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Rivalry.gg halts betting operations amid major cost-cutting push

Rivalry.gg, a well-known esports betting and gaming platform, is drastically cutting back its operations. The move follows a period of strong performance, including record results in Ontario just last December. Now, the company is shifting focus toward cost-cutting and potential asset sales.

The Board of Directors announced the decision, pointing to recent volatility in business performance. As part of the changes, Rivalry.gg has stopped accepting new deposits and bets. Players can still withdraw funds, but the B2C website is now in maintenance mode.

Immediate cost reductions include a major workforce cut. The company warned that no strategic alternative is guaranteed, and operations may not continue as they are. Discussions about selling assets are ongoing, though no specifics have been confirmed. The sudden shift comes despite the company's strong December figures in Ontario. Rivalry has not provided public data on its market position compared to competitors like Unikrn, Betway, or 1xBet over the past two years.

Rivalry.gg is now prioritising financial stability by reducing costs and exploring asset sales. The platform's future remains uncertain, with no clear timeline for resolving its operational changes. Players can still access withdrawals, but betting services have been halted for now.