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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Super Bowl Champion and Former Baltimore Ravens Qadry "the Missile" Ismail to Place First Bet BALTIMORE , Aug. 1, 2022 /PRNewswire/ -- Bingo World and Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading online casino and sports betting company, today announced the launch of in-person sports betting at the BetRivers Sportsbook at Bingo World at 12:00 pm Eastern Time.  Eligible bettors, 21 and over, will be able to place a wide array of bets at the new retail sportsbook on a variety of U.S. and worldwide sporting events, including parlays, prop bets and in-game bets, through 12 self-service kiosks as well as three over-the-counter machines to place bets.

BINGO WORLD PARTNERS WITH RUSH STREET INTERACTIVE TO OPEN BETRIVERS RETAIL SPORTSBOOK IN MARYLAND

Rush Street Interactive, Inc. (RSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Rush Street Interactive, Inc. (RSI) to Report a Decline in Earnings: What to Look Out for

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its second quarter 2022 results after the market close on Thursday, August 4, 2022, 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 relations website at i

Rush Street Interactive Announces Second Quarter 2022 Earnings Release Date

BetRivers celebrates landmark sponsorship of Frisco Fighters as team seeks the IFL championship crown CHICAGO , July 22, 2022 /PRNewswire/ -- Rush Street Interactive, Inc. (NYSE: RSI) ("RSI" or the "Company"), a leading sports betting and online casino company in the United States that operates the BetRivers brand, congratulates the Frisco Fighters on advancing to the Indoor Football League (IFL) playoffs in only their second season on the field. RSI became a flagship sponsor of the Fighters at the beginning of the 2022 season.

RUSH STREET INTERACTIVE CONGRATULATES TEXAS INDOOR FOOTBALL LEAGUE FRANCHISE FRISCO FIGHTERS ON ADVANCING TO THE IFL PLAYOFFS

CHICAGO--(BUSINESS WIRE)--Today, Rush Street Interactive, Inc. (NYSE: RSI) ("RSI") is excited to announce it has become the first U.S.-based online casino and sports betting company to partner with Neccton to adopt its player protection software for its BetRivers and PlaySugarHouse sites in North America. Recognized at the SBC Awards North America 2022 as an industry leader for socially responsible gaming, RSI's online casinos and sportsbooks in the U.S. and Ontario will now offer another layer

Rush Street Interactive further enhances its corporate social responsibility strategy by being first in U.S. to adopt Neccton's award-winning player protection software

Bragg Gaming Group

TORONTO--(BUSINESS WIRE)--Marking further growth of its iGaming operations in the recently regulated Ontario market, Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or “the Company”), today announced that the Company is now live with its online gaming content with one of the Province's leading operators, Rush Street Interactive (NYSE: RSI) (“RSI”). RSI is one of the leading iGaming operators in Canada, regulated states in the U.S. and in Latin America. Representing the first North America

Bragg Gaming Expands Partnership with Rush Street Interactive to Rollout Online Casino Content with BetRivers.ca Brand in Ontario

CHICAGO & MONTERREY, Mexico--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States, Canada and Colombia, today announced that its popular RushBet online casino and sportsbook is live in Mexico, having launched June 30, 2022. More than 130 million potential players, aged 18 and older, can sign-up now and begin wagering at RushBet.mx and on the RushBet mobile applications. RushBet operates an innovative online c

Rush Street Interactive Launches RushBet Online Casino & Sportsbook in Mexico

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States, today announced that Richard Schwartz, Chief Executive Officer, and Kyle Sauers, Chief Financial Officer, will participate in a fireside chat at Jefferies' Consumer Conference on Monday, June 20, 2022 at 8:00 a.m. Eastern Time. Access to an audio-webcast of the presentation in listen-only mode will be available through the “Investors” section of t

Rush Street Interactive to Participate at the Jefferies Consumer Conference

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States, today announced it is adding its industry leading online sportsbook to its existing online casino at BetRivers in West Virginia. Now sports fans across the Mountain State, aged 21 and over, can join gaming enthusiasts to place bets quickly and securely from the integrated BetRivers iOS and Android apps and website. The products share the same wall

Rush Street Interactive Adds BetRivers Mobile and Online Sportsbook to Its Award Winning Online Casino in West Virginia

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States, today announced that Richard Schwartz, Chief Executive Officer, and Kyle Sauers, Chief Financial Officer, will participate in a fireside chat at Goldman Sachs' Travel and Leisure Conference on Monday, June 6, 2022 at 8:40 a.m. Eastern Time. Access to an audio-webcast of the presentation in listen-only mode will be available through the “Investors”

Rush Street Interactive to Participate at the Goldman Sachs Travel and Leisure Conference

RSI also Nominated as 'Employer of the Year' 'Socially Responsible Leader of the Year' & 'Leader of the Year,'  in Prestigious Recognition by Online Gaming Peers CHICAGO , May 27, 2022 /PRNewswire/ -- Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading online casino and sports betting company that operates the BetRivers and PlaySugarHouse brands, today announced that it has been named to the shortlist of nominees for the SBC Awards North America 2022. RSI has been recognized in the headline operator categories as 'Casino Operator of the Year,' 'Employer of the Year,'  'Socially Responsible Operator of the Year' and 'Leader of the Year.

RUSH STREET INTERACTIVE IS SHORTLISTED AS 'CASINO OPERATOR OF THE YEAR' AMONG OTHER 'BEST OF' CATEGORIES AT THE SBC AWARDS NORTH AMERICA 2022

Shares of online gaming concern Rush Street Interactive, Inc. are down 70% from their first public trade as unsustainable irrational valuations in a callow, commoditized industry reset. RSI's revenues are expected to expand 26% each of the next two years, but profitability is nowhere in sight, as rationalization of customer acquisition spending has not materialized.

Rush Street Interactive: A First Take

Rush Street Interactive, Inc. (NYSE:RSI ) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Lauren Seiler - Associate VP, IR & Development Richard Schwartz - Co-Founder, CEO & Director Kyle Sauers - CFO & Secretary Conference Call Participants Bernard McTernan - Needham & Company Daniel Politzer - Wells Fargo Securities David Katz - Jefferies Chad Beynon - Macquarie Research Edward Engel - ROTH Capital Partners Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to the Rush Street Interactive First Quarter 2020 Earnings Conference Call.

Rush Street Interactive, Inc. (RSI) CEO Richard Schwartz on Q1 2022 Results - Earnings Call Transcript

Rush Street Interactive, Inc. (RSI) delivered earnings and revenue surprises of -14.29% and 1.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Rush Street Interactive, Inc. (RSI) Reports Q1 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, today announced financial results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights Revenue was $134.9 million during the first quarter of 2022, an increase of 21%, compared to $111.8 million during the first quarter of 2021. Net loss was $52.3 million during the first quarter of 2022, compared to a net loss of $0

Rush Street Interactive Announces First Quarter 2022 Results and Raises Full Year 2022 Guidance

Rush Street Interactive, Inc. (RSI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Rush Street Interactive, Inc. (RSI) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

RSI Scores Hat Trick by Winning Three Prestigious Awards for BetRivers & PlaySugarHouse Brands CHICAGO , April 27, 2022 /PRNewswire/ -- Rush Street Interactive, Inc. (NYSE: RSI) ("RSI") has been named Operator of the Year, Customer Service Operator of the Year and Social Gaming Operator of the Year at the EGR North America Awards 2022. The EGR Awards are regarded as the gold standard in the online gaming industry, celebrating excellence in the North American online gaming industry.

RUSH STREET INTERACTIVE NAMED OPERATOR OF THE YEAR, CUSTOMER SERVICE OPERATOR OF THE YEAR AND SOCIAL GAMING OPERATOR OF THE YEAR AT EGR NORTH AMERICA AWARDS 2022

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its first quarter 2022 results after the market close on Wednesday, May 4, 2022, 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 relations website at ir.r

Rush Street Interactive Announces First Quarter 2022 Earnings Release Date

Rush Street Interactive creates and manages several online casino and sports betting products and other entertainment-based online services. The concurrent growth of mobile devices and social gaming has indirectly opened massive revenue opportunities in the sector.

Rush Street Interactive: Betting On Long-Term Success

CHICAGO , April 7, 2022 /PRNewswire/ -- Today, Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a Chicago-based gaming and betting company, is proud to announce the expanding role and reach of Canadian sports broadcasting icon Dan O'Toole following his signing of an exclusive brand and content deal with BetRivers. O'Toole began hosting Boomsies!

CANADIAN SPORTS BROADCASTING ICON DAN O'TOOLE EXPANDS HIS ROLE AS A BRAND AMBASSADOR IN CANADA NOW THAT BETRIVERS.CA IS LIVE

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Why (Some) Gambling Stocks Are a Great Buy Right Now

Rush Street Interactive, Inc. (RSI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Rush Street Interactive, Inc. (RSI) Moves 9.6% Higher: Will This Strength Last?

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States, today announced that its award-winning BetRivers online casino and sportsbook are live in Ontario, Canada. Eligible players aged 19 and older across the province can sign-up now and begin wagering at BetRivers.ca and on the BetRivers mobile applications. BetRivers, which is a two-time winner of both the Online Casino Operator of the Year and Custo

BetRivers Launches Regulated Online Casino and Sportsbook in Ontario

CHICAGO--(BUSINESS WIRE)--Today, Rush Street Interactive, Inc. (NYSE: RSI) ("RSI") is proud to announce it has become the first U.S.-based online casino and sports betting company to receive RG Check iGaming Accreditation from the Responsible Gambling Council (RGC) for its BetRivers.com and PlaySugarHouse.com sites. RG Check is regarded as the world's most comprehensive and rigorous responsible gaming accreditation program. It was developed to meet or exceed all existing responsible gaming regu

Rush Street Interactive Becomes First U.S.-based Online Gaming & Betting Company to Receive Accreditations Under the Responsible Gambling Council's RG Check

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading online casino and sports betting company in the U.S., today announced the appointment of Bruce Caughill as Managing Director, Canada. Mr. Caughill joined RSI on March 28, 2022, prior to RSI's planned launch of its award-winning BetRivers online casino and sportsbook in Ontario on April 4, 2022, the first day of authorized online gaming in the province. Mr. Caughill joins RSI from his role as Chief Legal Offic

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