Welcome to our dedicated page for Rush Street Interactive news (Ticker: RSI), a resource for investors and traders seeking the latest updates and insights on Rush Street Interactive stock.
Rush Street Interactive, Inc. reports developments for an online casino and sports betting business serving markets in the United States and the rest of the Americas. Company news commonly covers quarterly and annual operating results, revenue guidance, player activity in North American online casino markets, and performance across online casino, online sports betting, retail sports betting, and social gaming offerings.
Updates also include investor conference participation, shareholder voting and governance matters, and capital-structure actions involving Class A common stock, selling stockholders, and share repurchase activity. The company's recurring disclosures connect customer acquisition, retention, product verticals, and geographic performance with reported financial results.
On September 20, 2021, Rush Street Interactive (NYSE: RSI) announced an exclusive partnership with Magic City Jai-Alai, becoming the Official Sports Betting Partner. This collaboration allows BetRivers to utilize Magic City Jai-Alai's official league data and streaming feeds for live betting, enhancing in-play wagering experiences for users in Illinois and Iowa.
The league, which promotes integrity through oversight and monitoring, aims to rejuvenate the sport with a new head-to-head betting format.
Rush Street Interactive (NYSE: RSI) is launching city-specific sports betting podcasts called CityCasts™ across the U.S. for its BetRivers and PlaySugarHouse brands. Starting this month, these podcasts will provide localized news and insights to enhance betting decisions for both novice and experienced bettors. Currently live in Chicago, Detroit, Pittsburgh, and Philadelphia, new CityCasts are set to launch in New York, Denver, Washington D.C., and Los Angeles. Hosted by sports betting experts, the podcasts are available in audio and video formats on various platforms.
Rush Street Interactive, Inc. (NYSE: RSI) will participate in a fireside chat at JP Morgan’s Gaming, Lodging, Restaurant & Leisure Management Access Forum on September 14, 2021, at 3:30 p.m. ET. Investors can access a live audio-webcast through the Company’s website, with a replay available for 30 days. RSI is a leader in online gaming and sports betting, currently operating in ten U.S. states and internationally in Colombia, focusing on responsible gaming practices. The company continues to gain recognition in the industry.
Rush Street Interactive (NYSE: RSI) has launched branded live-casino studios for BetRivers and PlaySugarHouse in Pennsylvania and New Jersey. Each studio features three exclusive Blackjack tables, enhancing the gaming experience for loyal players. Powered by Evolution, these studios operate 24/7, offering a safe and personal gaming environment. Customers can earn bonus store points with every wager, redeemable for various rewards. This initiative aims to strengthen RSI's presence in regulated markets, providing an engaging online casino experience.
Rush Street Interactive (NYSE: RSI) announced a partnership with Mark Schlereth, a three-time Super Bowl champion and NFL analyst, to enhance its sports betting brand, BetRivers.com. Schlereth, known for his NFL insights, will create content for fans, focusing on the Broncos and NFL, available on BetRivers and PlaySugarHouse platforms. This collaboration aims to attract bettors with expert analysis, supporting their wagering decisions. RSI is committed to responsible gaming and operates in ten U.S. states and Colombia, providing a range of online gaming services.
Rush Street Interactive (RSI) has announced its plans to launch BetRivers in Arizona this fall, following a partnership with the Arizona Rattlers for online sports betting operations. RSI has gained a temporary event wagering designee license, allowing it to operate in the state and serve as a major sponsor for the Rattlers. This partnership follows similar market access agreements in states like Connecticut and Louisiana. RSI is recognized as a leading online sports betting company in the U.S., notably in populous states like Illinois and New York.
Rush Street Interactive (NYSE: RSI) has announced an exclusive partnership with the Field of 68 and Field of 12 media networks as college football season begins. This collaboration will produce five weekly podcasts featuring former college football stars, enhancing engagement for BetRivers.com users. Notable shows include "THE FIELD OF 12 AFTER DARK" and "The B1G Show." This initiative aims to provide a unique betting experience for fans throughout the season.
Rush Street Interactive (NYSE: RSI), a leader in online casino and sports betting, announced that Richard Schwartz, Co-Founder and CEO, will speak at Craig-Hallum’s Online Gaming Conference on August 24, 2021, at 3:30 p.m. ET. The discussion, focusing on "Emerging Opportunities in Latin America," highlights RSI's commitment to expanding its market presence. The event will be accessible via a live audio-webcast on RSI's website, with a replay available for 90 days. RSI operates in ten U.S. states and Colombia, offering a wide range of gaming options.
Rush Street Interactive (NYSE: RSI), a Chicago-based gaming company, has partnered with Evolution to debut Red Tiger games in Michigan on BetRivers.com. The initial lineup includes top games like Bounty Raid, 777 Strike, and Reel Keeper, with additional titles such as Cash Vault and Piggy Riches Megaways™ expected soon. This collaboration marks RSI's expansion in the U.S. online gaming market, following the successful launch of Red Tiger games in Pennsylvania.
Rush Street Interactive (NYSE:RSI) reported a revenue of $122.8 million for Q2 2021, marking an 89% increase from $65.0 million in Q2 2020. The net loss shrank to $14.0 million, down from $50.6 million a year earlier. Adjusted EBITDA loss was $6.6 million, compared to a gain of $3.7 million in the same quarter last year. The company has projected its full-year revenue to be between $465 million and $495 million, reflecting a growth of 72% year-over-year. RSI also announced significant new market access partnerships and an improvement in its mobile sportsbook app rankings.