Rush Street Interactive Inc Stock Price, News & Analysis

Rush Street Interactive (NYSE: RSI), a premier online casino and sports betting company, announced participation in a fireside chat at Goldman Sachs’ Travel and Leisure Conference. CEO Richard Schwartz and CFO Kyle Sauers will present on June 6, 2022, at 8:40 a.m. Eastern Time. An audio webcast will be accessible via the company’s website, with a replay available for 30 days. RSI operates in 13 U.S. states and international markets, providing popular online gaming options. The company has received multiple accolades, including the 2022 EGR North America Awards for Operator of the Year.

Rush Street Interactive (RSI) has been nominated for multiple awards at the SBC Awards North America 2022, including 'Casino Operator of the Year,' 'Employer of the Year,' and 'Socially Responsible Operator of the Year.' This recognition highlights RSI's excellence and innovation in the online gaming industry over the past year. CEO Richard Schwartz expressed pride in the nominations, particularly for the company's commitment to responsible gambling. The winners will be announced on July 14, 2022, at Pier Sixty, Manhattan, during the SBC Summit North America event.

Rush Street Interactive, Inc. (NYSE: RSI) reported a 21% year-over-year revenue increase in Q1 2022, totaling $135 million, compared to $111.8 million in Q1 2021. However, the company faced a net loss of $52.3 million and an Adjusted EBITDA loss of $43.4 million. Monthly Active Users increased by 32%, reaching over 150,000 with an average revenue per MAU of $265. RSI has raised its full-year revenue guidance to $600-$650 million, anticipating 28% growth compared to 2021. The firm continues to focus on expanding into new markets while prioritizing profitability.

Rush Street Interactive (NYSE: RSI) has triumphed at the EGR North America Awards 2022, winning three prestigious accolades: Operator of the Year, Customer Service Operator of the Year, and Social Gaming Operator of the Year. The awards recognize RSI's significant growth, player retention, innovative offerings, and exceptional customer service. The company has been awarded Customer Service Operator of the Year consistently since the award's inception. Currently, RSI operates in 13 U.S. states and recently launched in Canada, continuing to expand its presence in regulated markets.

Rush Street Interactive, Inc. (NYSE: RSI) announced it will release its first quarter 2022 financial results after market close on May 4, 2022, followed by a conference call at 5:00 PM ET. The earnings press release and related materials will be available on their investor relations website. Interested parties can join the call by dialing 1-844-450-0390 (international: 1-236-714-3032) and using the access code 1857599.

Rush Street Interactive (NYSE: RSI) announced an exclusive brand and content deal with Canadian sports broadcaster Dan O'Toole on April 7, 2022. O'Toole, known for his podcast 'Boomsies!', will serve as a brand ambassador for BetRivers.ca, which recently launched in Ontario. His experience includes significant roles at TSN and Fox Sports 1. This collaboration is expected to enhance BetRivers’ presence in Canada and other U.S. markets. O'Toole's debut as an ambassador occurred during the 2022 Winter Olympics, marking a strategic move for RSI to attract sports enthusiasts.

Rush Street Interactive (NYSE: RSI) has launched its BetRivers online casino and sportsbook in Ontario, Canada, allowing eligible players aged 19 and older to register and place bets. The platform features over 350 games and fast transaction capabilities, aiming to become a leading betting destination. The company has appointed Bruce Caughill as Managing Director in Canada, planning to hire over 100 locals. Currently, RSI operates in three countries and anticipates expanding into Mexico by Q2 2022.

Rush Street Interactive (NYSE: RSI) has achieved RG Check iGaming Accreditation from the Responsible Gambling Council, becoming the first U.S.-based online casino and sports betting operator to do so. This accreditation, valid for three years, demonstrates RSI's commitment to responsible gaming and aligns with their corporate social responsibility strategy. The recognition comes ahead of RSI’s planned launch in Ontario, Canada, which mandates RG Check accreditation for all iGaming operators. RSI operates in thirteen U.S. states and aims to ensure safe gambling experiences.

Rush Street Interactive, Inc. (NYSE: RSI) has appointed Bruce Caughill as Managing Director for Canada, effective March 28, 2022. He will lead the company’s initiatives in the Canadian market, especially with the launch of its BetRivers online casino and sportsbook in Ontario on April 4, 2022. Previously, Caughill served as Chief Legal Officer at the Alcohol and Gaming Commission of Ontario and has over 20 years of experience in the gaming industry. His expertise is expected to enhance RSI’s strategic positioning in Canada’s evolving online market.