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. (NYSE: RSI) is a Chicago-based online gaming and sports entertainment company focused on regulated markets in the United States, Canada and Latin America. Through its BetRivers, PlaySugarHouse and RushBet brands, RSI offers real-money online casino games and sports betting across multiple jurisdictions, making its news flow relevant to investors following the digital gambling and online casino sector.
The RSI news feed on Stock Titan aggregates coverage of the company’s earnings announcements, operating updates and market guidance. Recent press releases have detailed quarterly financial results, including revenue growth, net income, Adjusted EBITDA and trends in Monthly Active Users (MAUs) and Average Revenue per Monthly Active User (ARPMAU) across North American and Latin American markets.
Readers can also find news about RSI’s product and technology developments, such as the launch of an integrated debit payments solution on the BetRivers platform in partnership with Sightline Payments, and leadership appointments like the hiring of a Chief Technology Officer with experience in large-scale digital platforms. Corporate governance and organizational changes, including executive promotions documented in Form 8-K filings, are typically accompanied by press releases that appear in this news stream.
In addition, RSI regularly announces participation in investor conferences and earnings conference calls, providing context on how management presents its strategy, non-GAAP metrics and market focus. For anyone tracking RSI stock, this page offers a centralized view of company-issued news related to online casino operations, sports betting expansion, responsible gaming recognition and regional performance in the United States, Canada and Latin America.
Summary not available.
Summary not available.
Summary not available.
Rush Street Interactive (NYSE: RSI) will announce its Q1 2023 earnings on May 3, 2023, after market close, followed by a conference call at 5:00 PM ET to discuss results. Interested parties can access the earnings release and related information at RSI's investor relations page. A replay of the conference will be available on the site until at least June 3, 2023.
RSI is a leading online gaming and sports entertainment company operational in the U.S., Canada, and Latin America, recognized for its brands like BetRivers and PlaySugarHouse, and was awarded Operator of the Year in the 2022 EGR North America Awards.
ODDSworks has partnered with Rush Street Interactive (RSI) to launch its BETguard™ Remote Gaming Server platform in New Jersey, marking the fourth iGaming market for their collaboration. This deployment allows both companies to expand their operations within the robust New Jersey market, known for its strong iGaming presence. The BETguard™ platform processes over $2 billion annually in wagers and is compliant with GLI-19 regulations. Steven DeMar, EVP of ODDSworks, emphasized the strategic growth potential of this partnership, while RSI CEO Richard Schwartz highlighted the quality of gaming content available to players on the BetRivers app. This partnership aims to enhance user experience and engage a larger audience in legal online gaming.
Rush Street Interactive (NYSE: RSI) has launched the BetRivers Michigan Million Online Slot Tournament, offering players in Michigan a chance to win a share of $1 million in bonus money. From April 1 to 30, 2023, players can enter by making a deposit of $50 or more. The tournament consists of three rounds, culminating in a live final on May 15, 2023, where participants compete for a $100,000 grand prize. The promotion and tournament aim to enhance the online gaming experience for Michiganders, with ten finalists competing in the ultimate showdown.
Rush Street Interactive (NYSE: RSI) has announced a partnership with sports commentator Julie Stewart-Binks to enhance its BetRivers brand. Stewart-Binks will develop exclusive sports and lifestyle content, including a new podcast and guest appearances on various shows. This partnership aims to strengthen the brand's presence in North America and engage betting enthusiasts. RSI operates BetRivers and other brands in the U.S., Canada, and Latin America, offering a diverse range of gaming options. The company has received multiple awards, including the EGR North America Awards Operator of the Year in 2022.
Rush Street Interactive (NYSE: RSI) and the Connecticut Lottery Corporation (CLC) announced plans to wind down their sports betting partnership in Connecticut. The CLC will seek a new operator, with a transition expected in the second half of 2023, while RSI continues current operations until a replacement is selected. Both parties emphasized a commitment to player experience, ensuring that all wagers are honored. The decision aims to align with RSI's long-term strategic goals, with minimal impact anticipated on 2023 financial guidance. RSI's leadership thanked the CLC for the collaboration over the past two years.
On March 10, 2023, Rush Street Interactive (NYSE: RSI) announced the launch of NCAA Basketball Squares to enhance engagement during March Madness. Bettors can earn bonus payouts up to
Rush Street Interactive (RSI) reported a 27% increase in Q4 revenue to $165.5 million and a 21% rise in full-year 2022 revenue to $592.2 million. The company anticipates revenue for 2023 between $630 million and $700 million, representing a 12% increase year-over-year. Despite a net loss of $31.1 million in Q4 2022, improved Adjusted EBITDA losses were noted. Monthly Active Users (MAUs) grew 22% year-over-year, with an average revenue per user (ARPMAU) of $327. RSI aims for positive Adjusted EBITDA in the latter half of 2023, focusing on customer loyalty and market investments.