Rush Street Interactive

Rush Street Interactive, Inc. engages in developing, supplying, and operating regulated online gaming sites. It operates real-money online casino and sports wagering in New Jersey and Pennsylvania and also operates online sports wagering in Indiana, Colorado and Illinois. The company was founded by Neil Gary Bluhm, Gregory A. Carlin, and Richard Schwartz in 2012 and is headquartered in Chicago, IL.

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Rush Street Interactive reports record revenues and positive outlook for 2023

Rush Street Interactive (RSI) delivered strong revenue growth and profitability in 2022, with a positive outlook for 2023, focusing on innovation, user experience, and cost management.
While facing challenges such as EBITDA losses and increased G&A costs, RSI's strengths lie in its market share retention, efficient marketing spend, and technological advancements.
The company is well-positioned to capitalize on opportunities in existing and new markets, with a strategic approach to marketing costs and a commitment to driving growth and profitability.

Rush Street Interactive reports strong Q1 growth and eyes expansion

RSI's Q1 2023 showed strong revenue growth, improved margins, and reduced marketing expenses, aiming for positive EBITDA in the second half.
Maintaining a focus on sustainable profitability, RSI is evaluating expansion opportunities in South America and other potential markets.
Challenges include market competition and the impact of exiting Connecticut, with opportunities in Ontario, Michigan, and Latin America.
Strategic initiatives address brand recognition challenges and aim to drive player engagement through innovative online casino experiences.

Rush Street Interactive (RSI) beats Q2 expectations, eyes iGaming expansion

RSI delivered strong Q2 results, surpassing revenue expectations and highlighting profitability. The company's strategic focus on high-value players, technology innovation, and operational discipline drove growth. Raised guidance for the year and aims for adjusted EBITDA profitability in the second half of 2023.

Rush Street Interactive (RSI) excels in Q3, eyes Latin America expansion

Rush Street Interactive (RSI) delivered strong Q3 results with revenue growth, improved EBITDA, and market share gains. While facing industry shifts away from aggressive bonusing, RSI's customer-centric focus and product quality position it well for future growth in new markets and player acquisition.

Rush Street Interactive (RSI) excels in Q4, eyes LATAM expansion

Rush Street Interactive (RSI) delivered strong financial results, exceeding revenue guidance and showcasing growth in key markets like LATAM.
The company's strategic focus on expansion in emerging markets and operational efficiencies bode well for future growth and profitability.
While facing challenges in new markets like Delaware and Brazil, RSI's strengths in financial management and market differentiation position them for success.
RSI's proactive approach to evaluating opportunities and optimizing performance underscores their commitment to sustainable growth and stakeholder value.

Rush Street Interactive excels in Q1, faces valuation concerns

Rush Street Interactive's Q1 2024 earnings call highlighted impressive revenue growth, strong market performance, and strategic leadership decisions.
While facing valuation concerns and strategic queries, RSI remains focused on market expansion, user experience enhancement, and sustained profitability.
With a positive outlook for the year ahead, RSI aims to capitalize on growth opportunities, navigate challenges, and drive continued success in the iGaming industry.

Rush Street Interactive (RSI) excels in Q2, eyes LATAM expansion

Rush Street Interactive (RSI) delivered strong financial performance in Q2 2024, driven by revenue growth and profitability improvements. The company's strategic focus on diversification, market expansion, and customer acquisition yielded positive results, despite facing legislative and regulatory challenges. RSI's proactive approach to exploring new markets and optimizing marketing strategies positions it well for future growth and success.

Rush Street Interactive (RSI) reports record Q3 earnings and growth

RSI's Q3 2024 performance reflects robust growth, revenue diversification, and strong user engagement, underpinned by effective marketing strategies and product innovation.
While facing regulatory risks and market challenges, the company's strategic strengths in customer acquisition, loyalty programs, and financial management position it for continued success.
With raised guidance, expansion opportunities, and a focus on shareholder value, RSI demonstrates resilience and potential for sustained growth in the competitive gaming industry.

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Hellmuth to Bring His Bigger Than Life Personality Exclusively to Rush Street Interactive Hellmuth to Bring His Bigger Than Life Personality Exclusively to Rush Street Interactive

BetRivers Welcomes Gambling Icon Phil Hellmuth as Brand Ambassador

CHICAGO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that management will present at the 2025 ICR Conference on Monday, January 13 at 4:00 p.m. Eastern Time. RSI will also present at the 27th Annual Needham Growth Conference on Thursday, January 16 at 9:30 a.m. Eastern Time.

Rush Street Interactive to Participate at Upcoming Investor Conference

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Up 200% in 2024, online gaming leader Rush Street Interactive is setting up for further gains as it finds support at a key level. The post Up 200% In 2024, Online Gaming Leader Rush Street Sets Up For Further Gains appeared first on Investor's Business Daily.

Up 200% In 2024, Online Gaming Leader Rush Street Sets Up For Further Gains

CHICAGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that it has elected Thomas Winter to its board of directors, effective as of December 16, 2024. With this addition, the board returns to nine members.

Rush Street Interactive Expands Its Board With Appointment of Thomas Winter

Rush Street Interactive (RSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Rush Street Interactive (RSI) Upgraded to Strong Buy: What Does It Mean for the Stock?

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CHICAGO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that Richard Schwartz, Chief Executive Officer and Kyle Sauers, Chief Financial Officer, will present at the Needham 4th Annual Consumer Tech/Ecommerce Virtual Conference on Monday, November 25 at 3:45 p.m. Eastern Time. The Company will also present at Craig-Hallum's 4th Annual Online Gaming Conference on Monday, December 2 at 10:00 a.m. Eastern Time.

Rush Street Interactive to Participate at Upcoming Investor Conferences

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Rush Street Interactive (RSI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Rush Street Interactive (RSI) Gain on Rising Earnings Estimates?

Rush Street Interactive (RSI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Rush Street Interactive, Inc. (RSI) Hit a 52 Week High, Can the Run Continue?

CHICAGO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online gaming and sportsbook operator, is proud to announce that it has been named Casino Operator of the Year at the prestigious SBC Latinoamérica Awards 2024. This accolade highlights RSI's exceptional growth and commercial success in the Latin American market.

Rush Street Interactive Named Casino Operator of the Year at 2024 SBC Latinoamérica Awards

BetRivers Collaborates with Rivers Casino Poker Rooms to Connect Online and Live Poker Experiences BetRivers Collaborates with Rivers Casino Poker Rooms to Connect Online and Live Poker Experiences

Rush Street Interactive Premieres Its New Online Poker Platform in Pennsylvania, Developed in Partnership with Well-Respected Poker Pro Phil Galfond

Rush Street Interactive, Inc. (NYSE:RSI ) Q3 2024 Earnings Call October 30, 2024 6:00 PM ET Company Participants Richard Schwartz - Chief Executive Officer Kyle Sauers - Chief Financial Officer Conference Call Participants Jed Kelly - Oppenheimer Ryan Sigdahl - Craig-Hallum David Katz - Jefferies Chad Beynon - Macquarie Jordan Bender - Citizens JMP Stefanos Crist - Needham & Company Zach Silverberg - Wells Fargo Operator Good afternoon. Thank you for attending today's Rush Street Interactive Third Quarter 2024 Earnings Call.

Rush Street Interactive, Inc. (RSI) Q3 2024 Earnings Call Transcript

Rush Street Interactive, Inc. (RSI) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to loss of $0.03 per share a year ago.

Rush Street Interactive, Inc. (RSI) Q3 Earnings and Revenues Top Estimates

- Third Quarter Revenue of $232 Million, up 37% Year-over-Year - - Third Quarter Net Income of $3.2 Million - - Strong Momentum Continues with Third Quarter Adjusted EBITDA of $23 Million - - Raising Full Year 2024 Adjusted EBITDA Guidance 24% at the Midpoint with a Revised Range of Between $82 and $86 Million - - Announces Share Repurchase Authorization of $50 Million -

Rush Street Interactive Announces Third Quarter 2024 Results and Raises Full Year Guidance

CHICAGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its third quarter 2024 results after the market close on Wednesday, October 30, 2024, followed by a conference call at 6:00 pm Eastern Time (5:00 pm Central Time) to discuss the results.

Rush Street Interactive Announces Third Quarter 2024 Earnings Release Date

Rush Street Interactive has shown impressive growth over the past year, with a 150% share price increase since January 2024 and a 34% YoY revenue jump in Q2 2024. The company is facing some headwinds from rising competition and regulatory challenges, including higher taxes in Illinois that could spread to other states. RSI's potential to break the $9.5 resistance level and continued growth trajectory could make this a multi-bagger opportunity, although the recent insider selling activity raises some concerns.

Rush Street Interactive: Solid Growth Doesn't Show Any Signs Of Slowing Down

CHICAGO , Aug. 26, 2024 /PRNewswire/ -- Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading US-based betting and gaming company, which operates the BetRivers and PlaySugarHouse brands, is excited to announce its enhanced iRush Rewards Loyalty Program. With this revamped program, RSI's loyal players will find it easier to earn and redeem rewards, maintain their status and associated benefits longer, and gain access to an expanded selection of perks.

RUSH STREET INTERACTIVE UNVEILS ENHANCED iRUSH REWARDS LOYALTY PROGRAM FOR BETRIVERS & PLAYSUGARHOUSE PLAYERS

Rush Street Interactive, Inc. (NYSE:RSI ) Q2 2024 Earnings Conference Call July 31, 2024 6:00 PM ET Company Participants Kyle Sauers - Chief Financial Officer Richard Schwartz - Chief Executive Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Daniel Politzer - Wells Fargo Bernie McTernan - Needham David Katz - Jefferies Chad Beynon - Macquarie Jed Kelly - Oppenheimer Jordan Bender - Citizens JMP Mike Hickey - The Benchmark Company Operator Good day, ladies and gentlemen, thank you for standing by. Welcome to the Rush Street Interactive Second-Quarter 2024 Earnings Conference Call.

Rush Street Interactive, Inc. (RSI) Q2 2024 Earnings Call Transcript

Rush Street Interactive, Inc. (RSI) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.04 per share a year ago.

Rush Street Interactive, Inc. (RSI) Surpasses Q2 Earnings and Revenue Estimates

- Second Quarter Revenue of $220 Million, up 34% Year-over-Year - - Second Quarter Net Loss of $0.3 Million - - Operating Momentum Continues as Second Quarter Adjusted EBITDA exceeds $21 Million - - Raising Full Year 2024 Adjusted EBITDA Guidance 24% at the Midpoint with a Revised Range of Between $64 and $72 Million -

Rush Street Interactive Announces Second Quarter 2024 Results and Raises Full Year Guidance

Strategic Entry Will Strengthen Competitive Position as a Leading LatAm Online Gaming operator CHICAGO, July 29, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced the launch of its award-winning RushBet online casino and sportsbook in Peru. The launch marks the next milestone in the company's Latin American strategy extending its presence to a market of over 30 million people and further solidifying its position as a market leader in the region.

Rush Street Interactive Expands Latin American Footprint With Launch of RushBet in Peru

CHICAGO, July 10, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its second quarter 2024 results after the market close on Wednesday, July 31, 2024, followed by a conference call at 6:00 pm Eastern Time (5:00 pm Central Time) to discuss the results.

News for Rush Street Interactive Stock (RSI)