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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- Fourth Quarter Revenue of $166 Million, up 27% Year-over-Year - - Full Year 2022 Revenue of $592 Million, up 21% Year-over-Year - - Initiating Full Year 2023 Revenue Guidance of between $630 and $700 Million - - Expect to Achieve Positive Adjusted EBITDA for the Second Half of 2023 -

Rush Street Interactive Announces Fourth Quarter and Full Year 2022 Results

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Bettors can win up to $10,000 in bonus money CHICAGO , Feb. 23, 2023 /PRNewswire/ -- As the NBA emerges from its all-star break and kicks into high gear, the BetRivers and PlaySugarHouse sportsbooks are introducing Basketball Squares. Due to the enormous popularity of the NFL Squares wagering feature with football bettors, Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), is launching a new version of the squares game for NBA bettors.

BETRIVERS POPULAR SQUARES GAME EXTENDED TO NBA GAMES

CHICAGO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its fourth quarter and year-end 2022 results after the market close on Wednesday, March 1, 2023, 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 2022 Earnings Release Date

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CHICAGO--( BUSINESS WIRE )--ODDSworks, Inc., a North American leader in Remote Gaming Server technology and interactive content, announced today that it has partnered with Rush Street Interactive (NYSE: RSI) (“RSI”), a U.S.-based gaming company, to deploy its BETguard™ Remote Gaming Server (RGS) platform and proprietary and third-party content in Pennsylvania.

ODDSworks Partners with Rush Street Interactive to Premier its BETguard Remote Gaming Server & Gaming Content at BetRivers and PlaySugarhouse in Pennsylvania

Rush Street Interactive Celebrates 11 Top Prize Winners of $10,000 Since Launching Squares Last Month CHICAGO , Jan. 27, 2023 /PRNewswire/ -- Playing Squares is one of the easiest ways to win at BetRivers and PlaySugarHouse sportsbooks with a potential payout of up to $10,000. Already, 11 bettors have collected the maximum amount since the format was introduced on NFL regular season and college bowl games in mid-December.

POPULARITY FOR SQUARES SOARS AT BETRIVERS & PLAYSUGARHOUSE

Online gaming is growing rapidly. RSI has presence in key states in U.S.

Rush Street Interactive: Attractive Upside Potential If One Looks Past Near-Term Pressures

The casino, gaming, and sportsbook operator will have a new venue opening in two weeks.

Why Rush Street Interactive Is Jumping 15% This Week

On January 1, 2023 Ohio Residents can Register, Deposit, Place Bets and Enjoy New Player Promotions & Daily House Specials at BetRivers.com CHICAGO , Dec. 30, 2022 /PRNewswire/ -- Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading online sports betting and casino company in the United States, plans to go live for online and mobile wagering in Ohio with its award-winning sportsbook at BetRivers.com, as soon as legalized sports betting starts on January 1, 2023. Starting New Year's Day, sports fans across the Buckeye State aged 21 and over can place bets quickly and securely from the BetRivers app and website.

BETRIVERS TO GO LIVE WITH ONLINE AND MOBILE SPORTSBOOK WAGERING IN OHIO NEW YEAR'S DAY

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Robust demand for online betting bodes well for the Gaming industry. Stocks like LVS, IGT and RSI are benefiting from an improving industry trend.

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BOGOTA, Colombia--( BUSINESS WIRE )--Rush Street Interactive, Inc. (“RSI”) (NYSE: RSI), a leading online betting and gaming operator of the RushBet brand in Colombia and Mexico, has opened two new state-of-the-art offices in Bogota and Medellin to support RSI's continued expansion of its Latin America presence and the growth of the RushBet brand.

Rush Street Interactive Expands Latin American Presence as It Opens Two New State-of-Art Offices in Colombia

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TORONTO--( BUSINESS WIRE )--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or “the Company”), today announced that it has launched its new content and technology with Rush Street Interactive (NYSE: RSI) (“RSI”) in New Jersey, further expanding the Company's reach in the U.S. RSI is one of the leading iGaming operators in the U.S., Canada and Latin America.

New Bragg Content Rollout Continues with Launch at Rush Street Interactive's Betrivers.com in New Jersey

Today Bettors Can Register, Deposit and Place Bets for the First Time CHICAGO , Nov. 21, 2022 /PRNewswire/ -- Starting this afternoon Maryland sports fans across the state, aged 21 and over, can deposit funds and place bets at the award-winning BetRivers sportsbook.  Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), which operates BetRivers, today announced that during a controlled demonstration, from 2 pm to 10 pm today, bettors can register, deposit, wager and withdraw on the BetRivers sportsbook on all mobile devices, tablets, desktop and laptop computers.

BETRIVERS TO LAUNCH ONLINE AND MOBILE SPORTSBOOK IN MARYLAND

Rush Street Interactive has the potential to surprise to the upside in 2023 if it is able to improve casino business issues and gain a foothold in new markets. Marketing flexibility is a positive catalyst as Rush Street expands its geographic presence.

Rush Street Interactive: Cautiously Optimistic

Rush Street Interactive, Inc. (NYSE:RSI ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Lauren Seiler - Associate Vice President, Investor Relation & Development Richard Schwartz - CEO Kyle Sauers - CFO Conference Call Participants Zach Silverberg - Wells Fargo Bernie McTernan - Needham Company Jordan Bender - JMP Securities Mike Hickey - Benchmark Company Edward Engel - ROTH Capital Ryan Sigdahl - Craig-Hallum Operator Good day, ladies and gentlemen. Thank you for standing by.

Rush Street Interactive, Inc. (RSI) Q3 2022 Earnings Call Transcript

Rush Street Interactive, Inc. (RSI) delivered earnings and revenue surprises of 33.33% and 6.01%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Rush Street Interactive, Inc. (RSI) Reports Q3 Loss, Misses Revenue Estimates

CHICAGO--(BUSINESS WIRE)--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 financial results for the third quarter ended September 30, 2022.

Rush Street Interactive Announces Third Quarter 2022 Results

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its third quarter 2022 results after the market close on Wednesday, November 2, 2022, followed by a conference call at 5:00 pm Eastern Time (4:00 pm Central Time) to discuss the results.

Rush Street Interactive Announces Third Quarter 2022 Earnings Release Date

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RSI Extends Co-Branding Deal Continent-Wide with One of the World's Most Popular Professional Sports Leagues CHICAGO , Aug. 11, 2022 /PRNewswire/ -- RushBet, the sportsbook that gained a foothold in South America last year by becoming LaLiga's exclusive wagering partner in Colombia, is now expanding that partnership with the renowned Spanish soccer league throughout the continent. As LaLiga prepares to kick off its schedule this week, the RushBet sportsbook operated by Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), is teaming up with the prominent league in an exclusive partnership that extends through the next three seasons.

LALIGA ANNOUNCES EXPANDED EXCLUSIVE PARTNERSHIP THROUGHOUT SOUTH AMERICA WITH RUSH STREET INTERACTIVE'S RUSHBET SPORTSBOOK BRAND

Rogers Sugar Inc. (OTCPK:RSGUF) Q3 2022 Earnings Conference Call August 11, 2022 8:00 AM ET Company Participants Mike Walton - President & Chief Executive Officer Jean-Sebastien Couillard - Vice President of Finance, Chief Financial Officer & Corporate Secretary Conference Call Participants George Doumet - Scotiabank Operator Good morning and welcome to the Rogers Sugar Third Quarter 2022 Results Conference Call. After the speaker's presentation, there will be a question-and-answer session.

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Rush Street Interactive, Inc. (NYSE:RSI ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Lauren Seiler - Associate Vice President, Investor Relation & Development Richard Schwartz - Chief Executive Officer Kyle Sauers - Chief Financial Officer Conference Call Participants David Katz - Jefferies Dan Politzer - Wells Fargo Bernie McTernan - Needham Mike Hickey - Benchmark Ryan Sigdahl - Craig-Hallum Joe Stauff - Susquehanna Jordan Bender - JMP Securities Edward Engel - ROTH Capital Chad Beynon - Macquarie Operator Good afternoon, ladies and gentlemen and welcome to Rush Street Interactive Second Quarter 2022 Earnings. [Operator Instructions] It is now my pleasure to turn the floor over to your host Lauren Seiler.

News for Rush Street Interactive Stock (RSI)