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Rush Street Interactive Promotes Kyle Sauers to President

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Rush Street Interactive (NYSE: RSI) announced on Oct 15, 2025 that Kyle Sauers has been promoted to President while retaining his role as Chief Financial Officer. Sauers joined RSI as CFO in 2020 and will expand responsibilities to include day-to-day operations, execution, and cross-functional performance while continuing to lead financial strategy.

Management says the change lets the CEO focus on innovation, online casino legalization, regulatory advocacy, and strategic opportunities while Sauers drives operational alignment and market execution to support long-term growth.

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Positive

  • Kyle Sauers promoted to President while remaining CFO (Oct 15, 2025)
  • Sauers tenure as CFO since 2020 supports leadership continuity
  • CEO focus shifted toward innovation and regulatory advocacy

Negative

  • Dual role increases combined executive responsibilities for Sauers (Oct 15, 2025)

CHICAGO, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the Americas, today announced the promotion of Kyle Sauers to President, a role he will hold in addition to his current position as Chief Financial Officer.

“Kyle’s promotion reflects RSI’s continued growth and the natural evolution of his leadership,” said Richard Schwartz, Chief Executive Officer. “His strategic insight, operational discipline, and collaborative style have been central to RSI’s success. This new structure allows us to build on our momentum, enabling me to focus more deeply on innovation, online Casino legalization and regulatory advocacy, as well as strategic opportunities, while Kyle continues to maximize the potential of our existing markets through strong execution and operational alignment. Together, our complementary strengths will help us deliver long-term, sustainable growth.”

Mr. Sauers joined RSI as CFO in 2020, playing a pivotal role in building RSI’s Finance organization, guiding strategic decisions, and maintaining a disciplined approach to growth. His contributions have extended well beyond traditional Finance, encompassing marketing, operations, commercial and strategy.

In his expanded position as President and CFO, Mr. Sauers will continue leading RSI’s financial strategy while taking on broader responsibility for day-to-day operations, execution, and cross-functional performance.

“I’m honored to take on this expanded role and continue working alongside our exceptional teams to advance RSI’s mission,” said Sauers. “We have an extraordinary culture grounded in innovation, integrity, and accountability. Together, we’ll continue strengthening our operations, maximizing performance in current markets, and positioning RSI for the next phase of growth.”

About Rush Street Interactive

RSI is a trusted online gaming and sports entertainment company focused on markets in the United States, Canada and Latin America. Through its brands, BetRivers, PlaySugarHouse and RushBet, RSI was an early entrant in many regulated jurisdictions. It currently offers real-money mobile and online operations in fifteen U.S. states: New Jersey, Pennsylvania, Indiana, Colorado, Illinois, Iowa, Michigan, Virginia, West Virginia, Arizona, New York, Louisiana, Maryland, Ohio and Delaware, as well as in the regulated international markets of Colombia, Ontario (Canada), Mexico and Peru. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 by gaming industry veterans, RSI was named the EGR North America Awards Customer Services Operator of the Year five years in a row (2020-2024), the 2022 EGR North America Awards Operator of the Year and Social Gaming Operator of the Year, and the SBC Latinoamérica Awards 2024 Casino Operator of the Year and 2021 Sportsbook Operator of the Year. RSI was the first U.S.-based online casino and sports betting operator to receive RG Check iGaming Accreditation from the Responsible Gaming Council. For more information, visit www.rushstreetinteractive.com.

Media Contact:
Lisa Johnson
lisa@lisajohnsoncommunications.com

Investor Contact:
ir@rushstreetinteractive.com


FAQ

What change did Rush Street Interactive (RSI) announce on October 15, 2025?

RSI promoted Kyle Sauers to President while he remains Chief Financial Officer.

Will Kyle Sauers continue as RSI CFO after the October 15, 2025 promotion?

Yes; Sauers will hold the role of President in addition to CFO.

When did Kyle Sauers originally join RSI as CFO?

Sauers joined RSI as CFO in 2020.

What responsibilities will Sauers add after his promotion at RSI?

He will add day-to-day operations, execution, and cross-functional performance to his financial duties.

How does RSI describe the strategic rationale for the Oct 15, 2025 management change?

RSI says the change lets the CEO focus on innovation, online casino legalization, regulatory advocacy, and strategic opportunities.

What could investors watch for after Kyle Sauers becomes President of RSI?

Investors may watch for operational alignment and execution in current markets as highlighted by management.
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