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.
Rush Street Interactive (NYSE: RSI) has launched the Gaming Literacy Aiding Decisions (GLAD) initiative in partnership with Integrity Compliance 360 (IC360). The program aims to enhance gaming literacy among high school students and promote responsible gaming behaviors.
The GLAD curriculum will initially launch in New Jersey and Delaware, featuring a speaker series and educator curriculum delivery. The program is designed to help teens make informed decisions about gaming and gambling as these entertainment options become increasingly mainstream and accessible.
RSI, which operates BetRivers, PlaySugarHouse, and RushBet brands across 15 U.S. states and several international markets, has been recognized with multiple industry awards, including five consecutive EGR North America Awards for Customer Services Operator of the Year (2020-2024).
Rush Street Interactive (NYSE: RSI) reported strong Q1 2025 financial results, with revenue reaching $262.4 million, marking a 21% increase year-over-year. The company achieved a significant turnaround with a net income of $11.2 million, compared to a $2.2 million loss in Q1 2024.
Key highlights include:
- Adjusted EBITDA nearly doubled to $33.2 million, up 95% from Q1 2024
- Monthly Active Users in US and Canada grew 17% to 203,000
- Latin American user base expanded 61% to 354,000
- Average Revenue per Monthly Active User in US/Canada increased 3% to $368
The company maintained its full-year 2025 guidance, projecting revenue between $1,010-$1,080 million and Adjusted EBITDA of $115-$135 million. RSI's success is attributed to innovation in player experience and efficient high-value customer acquisition.
Rush Street Interactive (NYSE: RSI) has scheduled its first quarter 2025 earnings release for Wednesday, April 30, 2025, after market close. The company will host a conference call at 6:00 pm Eastern Time (5:00 pm Central Time) to discuss the results.
Investors can access the earnings materials through RSI's investor relations website at ir.rushstreetinteractive.com. The conference call can be joined via audio webcast on the website or by dialing 1-833-470-1428 (Toll Free), 1-404-975-4839 (Local), or 1-929-526-1599 (International) with access code 378379. An audio replay will be available on the investor relations website until May 30, 2025.
Rush Street Interactive (NYSE: RSI) reported strong financial results for Q4 and full year 2024. Q4 revenue reached $254.2 million, up 31% year-over-year, while full-year revenue grew 34% to $924.1 million.
The company achieved profitability with Q4 net income of $6.5 million (vs. -$5.5M in Q4 2023) and full-year net income of $7.2 million (vs. -$60.1M in 2023). Q4 Adjusted EBITDA surged 166% to $30.6 million, while full-year Adjusted EBITDA reached $92.5 million, up 1,033%.
Monthly Active Users showed strong growth, with US/Canada users up 28% to 205,000 and Latin America users up 71% to 348,000. For 2025, RSI projects revenue between $1,010-$1,080 million and Adjusted EBITDA of $115-135 million, representing 13% and 35% growth at midpoint respectively.
Rush Street Interactive (NYSE: RSI) has announced it will release its fourth quarter and year-end 2024 financial results after market close on Wednesday, February 26, 2025. The company will host a conference call at 5:00 pm Eastern Time (4:00 pm Central Time) to discuss the results.
The earnings release and related materials will be available on RSI's investor relations website. Interested parties can access the audio webcast and Q&A through the website or dial in using 1-833-470-1428 (Toll Free) or 1-404-975-4839 (Local) with access code 549038. An audio replay will be available on the investor relations website until March 31, 2025.
Rush Street Interactive (NYSE: RSI) and the Swinomish Indian Tribal Community have launched in-person sports betting at the BetRivers Sportsbook at the Swinomish Casino & Lodge in Washington. The new sportsbook allows customers to place various bets on U.S. and worldwide sporting events, including parlays, prop bets, and in-game bets.
The partnership leverages RSI's expertise in operating retail sportsbooks while allowing the Swinomish Tribe to maintain operational control. Stephany Tuttle, Director of Gaming of the Swinomish Casino & Lodge, highlighted RSI's proven success and comprehensive approach as key factors in the partnership selection.
RSI CEO Richard Schwartz emphasized the company's role in providing technology, training, and support to ensure the sportsbook's success while driving benefits across other casino operations, including increased visitation and growth in table games, slots, and food and beverage services.
Rush Street Interactive (NYSE: RSI) has announced an exclusive partnership with poker legend Phil Hellmuth, holder of 17 World Series of Poker (WSOP) bracelets, as their new brand and content partner. The collaboration will integrate Hellmuth across BetRivers' platforms and media properties, offering unique experiences in casino, sportsbook, and poker verticals.
The partnership includes exclusive themed events, Live Casino Dealer hosting, sports betting commentary, and VIP experiences including Super Bowl attendance in New Orleans. Hellmuth will also headline events at BetRivers' land-based casino partners and feature prominently in the BetRivers Network, including appearances on Poker Night in America.
The collaboration will support RSI's recently launched online poker platform, developed with Phil Galfond, through dedicated tournaments and branded content. CEO Richard Schwartz emphasized Hellmuth's role in expanding offerings and elevating player experiences across platforms.
Rush Street Interactive (NYSE: RSI), a leading online casino and sports betting company in the United States and the Americas, has announced its upcoming participation in two major investor conferences. The company will present at the 2025 ICR Conference on Monday, January 13 at 4:00 p.m. Eastern Time, followed by a presentation at the 27th Annual Needham Growth Conference on Thursday, January 16 at 9:30 a.m. Eastern Time.
Both presentations will be accessible through live audio webcasts via the 'Investors' section of RSI's website. The webcasts will remain archived on the company's website for 90 days following the presentations, allowing investors and interested parties to review the content at their convenience.
Rush Street Interactive (NYSE: RSI) has appointed Thomas Winter to its board of directors, effective December 16, 2024, returning the board to nine members. Winter brings nearly two decades of gaming industry experience, notably as the founder of Golden Nugget Online Gaming (GNOG), where he served as President. Under his leadership, GNOG became a leading online gaming operator in New Jersey and was later sold to DraftKings for over $1.5 billion.
Prior to GNOG, Winter held CEO and director positions at Betclic, a major European online sports betting operator, and Expekt. At DraftKings, he developed their multi-brand online casino strategy and led their online casino business until September 2023.
Wynn Resorts (NASDAQ: WYNN) announced key additions to its investor relations team. Price Karr, currently Senior Vice President of Corporate Finance and Treasurer, will expand his role to lead the investor relations team as Senior Vice President of Investor Relations. Additionally, Lauren Seiler joins as Vice President of Investor Relations, reporting to Karr.
Both executives bring significant experience in the gaming and hospitality sectors. Karr, who started at Wynn in 2008, has extensive Wall Street experience advising on transactions in the U.S. and Asia. Seiler brings expertise in business development, strategic planning, and M&A, with a focus on gaming industry expansion. The enhanced team will oversee Wynn's investor relations strategy to support long-term shareholder value creation.