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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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) Hits Fresh High: Is There Still Room to Run?

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Does Rush Street Interactive, Inc. (RSI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Rush Street Interactive, Inc. (RSI) Is Up 7.38% in One Week: What You Should Know

Key partnership across RSI brands BetRivers and RushBet includes access to Infront's official ITF data and streams from 2025 Key partnership across RSI brands BetRivers and RushBet includes access to Infront's official ITF data and streams from 2025

Infront Bettor Expands North American Operations in Partnership With Rush Street Interactive

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Rush Street Interactive, Inc. (NYSE:RSI ) Q1 2024 Earnings Conference Call May 1, 2024 6:00 PM ET Company Participants Kyle Sauers - Chief Financial Officer Richard Schwartz - Chief Executive Officer Conference Call Participants Jed Kelly - Oppenheimer David Katz - Jefferies Chad Beynon - Macquarie Dan Politzer - Wells Fargo Stefanos Crist - Needham Ryan Sigdahl - Craig-Hallum Capital Group Mike Hickey - The Benchmark Company Operator Good day to you, ladies and gentlemen, thank you for standing by. Welcome to Rush Street Interactive First Quarter 2024 Earnings Conference Call.

Rush Street Interactive, Inc. (RSI) Q1 2024 Earnings Call Transcript

Rush Street Interactive, Inc. (RSI) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.08 per share a year ago.

Rush Street Interactive, Inc. (RSI) Tops Q1 Earnings and Revenue Estimates

- First Quarter Revenue of $217 Million, up 34% Year-over-Year - - First Quarter Net Loss of $2 Million - - Strong Operating Momentum Drives First Quarter Adjusted EBITDA of $17 Million - - Raising Full Year 2024 Adjusted EBITDA Guidance 38% at the Midpoint with a Revised Range of Between $50 and $60 Million -

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

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CHICAGO, April 08, 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 appointment of Brian Sapp to the newly-created role of Chief Marketing Officer.

Rush Street Interactive Appoints Brian Sapp as Chief Marketing Officer

CHICAGO, April 03, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its first quarter 2024 results after the market close on Wednesday, May 1, 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 First Quarter 2024 Earnings Release Date

STOCKHOLM , March 28, 2024 /PRNewswire/ -- Evolution today announced a new partnership with Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), to enter the Delaware market in partnership with the Delaware Lottery and its three online casinos - Delaware Park Casino & Raceway, Bally's Dover Casino Resort and Harrington Raceway & Casino. The Delaware Park Casino & Raceway and Harrington Raceway & Casino sites are accessible through the BetRivers multi-state app while Bally's Dover Casino Resort offers its own standalone app.

Evolution enters Delaware through Rush Street Interactive

Rush Street Interactive Inc. NYSE: RSI provides and operates online sports betting and iGaming platforms as well as land-based casino sportsbooks at retail locations in the United States. The company also provides social gaming, which includes its online casino and sportsbook, to social media sites.

Rush Street Interactive May Hit the Jackpot on a Sale

DraftKings

Online betting firm Rush Street Interactive is reportedly considering a sale, among other strategic options. The company's representatives have approached potential buyers, Bloomberg reported Thursday (March 21), citing unnamed sources.

Report: Rush Street Interactive Approaching Potential Buyers, Including DraftKings

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The consensus price target hints at a 26.1% upside potential for Rush Street Interactive, Inc. (RSI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Rush Street Interactive, Inc. (RSI) Could Rally 26.1%: Here's is How to Trade

Rush Street's (RSI) fourth-quarter 2023 results benefit from strong customer engagement and retention.

Rush Street (RSI) Q4 Earnings Surpass Estimates, Stock Up

Rush Street Interactive, Inc. (NYSE:RSI ) Q4 2023 Earnings Conference Call March 6, 2024 5:00 PM ET Company Participants Kyle Sauers - CFO Richard Schwartz - CEO Conference Call Participants Bernie McTernan - Needham & Company Josh Marin - Oppenheimer Jordan Bender - Citizens JMP Securities Chad Beynon - Macquarie Capital Ara Masias - Jefferies Ryan Sigdahl - Craig-Hallum Mike Hickey - The Benchmark Company Operator Good day, ladies and gentlemen. Thank you for standing by.

Rush Street Interactive, Inc. (RSI) Q4 2023 Earnings Call Transcript

- Fourth Quarter Revenue of $194 Million, up 17% Year-over-Year - - Full Year 2023 Revenue of $691 Million, up 17% - - Fourth Quarter and Full Year Net Loss of $5.5 Million and $60.1 Million, respectively - - Fourth Quarter and Full Year Adjusted EBITDA of $11.5 Million and $8.2 Million, respectively - - Strong Fourth Quarter 2023 Momentum Reflected in Full Year 2024 Revenue Guidance of Between $770 and $830 Million - - Initiating Full Year 2024 Adjusted EBITDA Guidance of Between $35 and $45 Million -

Rush Street Interactive Announces Fourth Quarter and Full Year 2023 Results

Rush Street's (RSI) fourth-quarter 2023 performance is likely to have benefited from strong demand for online casino and sports betting.

Rush Street (RSI) Gears Up for Q4 Earnings: What's in Store?

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CHICAGO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its fourth quarter and year-end 2023 results after the market close on Wednesday, March 6, 2024, followed by a conference call at 5:00 pm Eastern Time (4:00 pm Central Time) to discuss the results.

Rush Street Interactive Announces Fourth Quarter And Year-End 2023 Earnings Release Date

CHICAGO, Jan. 11, 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 participate in a fireside chat at Needham's Growth Conference on Tuesday, January 16, 2024 at 1:30 p.m. Eastern Time.

Rush Street Interactive to Participate at the Needham Growth Conference

CHICAGO and DOVER, Del., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Following a successful soft launch on December 27, the Delaware Lottery today announced the launch of its first online sportsbooks along with the relaunch of its three online casinos (Delaware Park, Bally's Dover Casino, and Harrington Raceway & Casino), ushering in a new era of online gaming in the First State. The new online casinos and online sportsbooks are powered by Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading US-based gaming company that operates under the BetRivers brand. In addition to the introduction of online sports betting in Delaware, the State's three casinos now offer a revamped array of exciting new online casino games. Customers across Delaware, aged 21 and older, can place bets on all mobile devices, tablets, desktop and laptop computers.

Delaware Lottery Launches Online Sports Betting With The Transition To BetRivers Powering The State's New Online Casinos & Online Sportsbooks

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News for Rush Street Interactive Stock (RSI)