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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Trading at less than half the multiples of peers, but has a #1 market share position in the US iCasino industry. Instead of fighting a commoditized battle against competitors, RSI chooses to vertically integrate its platform solidifying its long-term potential.

Rush Street Interactive: The Secret Sauce Is In Vertical Integration

Given a recently announced collaboration with a well-known casino operator, it's a good time to consider taking a position in RSI stock. The post Wager on the Expansion of Online Gaming with Rush Street Interactive appeared first on InvestorPlace.

Wager on the Expansion of Online Gaming with Rush Street Interactive

Online gambling companies are experiencing heady growth rates.

Why Rush Street Interactive's Shares Popped Today

The stock price of Rush Street Interactive, Inc. (NYSE: RSI) has increased by over 15% pre-market. This is why it happened.

RSI Stock Price Increases Over 15% Pre-Market: Why It Happened

Rush Street Interactive, Inc. (RSI) CEO Greg Carlin on Q4 2020 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States, today announced financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial Highlights Revenue was $100.0 million during the fourth quarter of 2020, an increase of 260%, compared to $27.8 million during the fourth quarter of 2019. Net loss was $48.8 million during the fourth quarter of 2020, compar

Rush Street Interactive Announces Fourth Quarter and Full Year 2020 Results

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its fourth quarter and year-end 2020 results after the market close on Wednesday, March 10, 2021, followed by a conference call at 5:00 pm Eastern Time (4:00 pm Central Time) to discuss the results. RSI's earnings press release and related materials will be available at ir.rushstreetinteractive.com. To listen to the audio webcast and live Q&A, please visit RSI's investor relation

Rush Street Interactive Announces Fourth Quarter and Year-end 2020 Earnings Release Date

Penn Entertainment

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), one of the most trusted and fastest-growing online casino and sports betting companies in the United States, today announced that it has secured market access opportunities in Ohio, Maryland and Missouri. RSI has entered into a strategic partnership agreement with Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National”). Under the terms of the agreement, RSI will have the ability to offer its award-winning BetRivers

Rush Street Interactive Secures Online Casino and Sports Betting Market Access Opportunities in Ohio, Maryland and Missouri

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), one of the fastest-growing online casino and sports betting gaming companies in the United States, today announced that it will redeem all of its outstanding publicly held warrants (the “Public Warrants”). Holders of the Public Warrants have until 5:00 p.m. Eastern Standard Time (EST) on March 24, 2021 to exercise their Public Warrants to purchase shares of Class A common stock underlying such warrants, at an exercise

Rush Street Interactive Announces Redemption of Public Warrants

CHICAGO & PORTSMOUTH, Va.--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), one of the most trusted and fastest-growing online casino and sports betting companies in the United States, today announced the launch of its flagship brand and industry leading online sportsbook, BetRivers.com, in Virginia. Beginning tomorrow, sports enthusiasts across the Commonwealth of Virginia will be able to register, deposit funds and place bets at BetRivers.com on their favorite teams and eve

Rush Street Interactive to Launch BetRivers.com Online Sportsbook in Virginia Tomorrow

CHICAGO & MANISTEE, Mich.--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE:RSI) (“RSI”), one of the most trusted and fastest-growing online casino and sports betting gaming companies in the United States, today announced that on Friday, January 22, 2021 at 12 noon Eastern, it will begin accepting wagers in Michigan at BetRivers.com, its industry leading online casino and sportsbook. Gaming enthusiasts in Michigan will be able to play an exciting array of online casino games and wager on th

Award-Winning BetRivers.com to Commence Online Casino & Sportsbook Betting in Michigan

CHICAGO and WEST DES MOINES, Iowa, Dec. 30, 2020 /PRNewswire/ -- Illinois-based Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), one of the most trusted and fastest-growing online casino and sports betting gaming companies in the United States, will be making history when it brings its...

BetRivers.com to Kickoff Iowa Sports Betting Remote Registration Just In Time For Cyclones' History-Making Appearance At Fiesta Bowl And Hawkeye Big Ten Basketball

dMY Technology Group Inc

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, LP (“RSI”), one of the fastest-growing online casino and sports betting gaming companies in the United States, today announced that it has completed its previously announced business combination (the “Business Combination”) with dMY Technology Group, Inc. (“dMY”). The Business Combination was approved at a special meeting of dMY's stockholders held today. Upon completion of the Business Combination, the combined company was renamed Rush Street

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