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 prominent player in the online gaming and sports entertainment industry, specializing in online casinos and sports betting. Founded in 2012 and headquartered in Chicago, Illinois, Rush Street Interactive has established itself as a trusted provider in both the United States and Latin American markets.
RSI offers a diverse range of gaming options, including real-money online casinos, online sports betting, and retail sports betting. Additionally, the company caters to the growing demand for social gaming, providing free-to-play games that utilize virtual credits. RSI’s revenue model is driven by both business-to-consumer (B2C) and business-to-business (B2B) operations, making their comprehensive suite of products accessible through their websites and mobile apps.
In recent developments, Rush Street Interactive has made significant strides in expanding its market presence. Notable achievements include a partnership with Evolution to enter the Delaware market, enhancing the company's game offerings with online slots from brands such as NetEnt, Red Tiger, and Big Time Gaming. This collaboration highlights RSI's commitment to meeting the expanding demands of the U.S. market.
The company has also ventured into the sports arena with a title sponsorship for the NASCAR Xfinity Series Dash 4 Cash race at Dover Motor Speedway. This marks a historical moment as it allows fans in Delaware to place mobile sports wagers during the event. The partnership underscores RSI's dedication to delivering top-tier entertainment experiences and supporting local communities.
Financially, RSI has shown resilience and adaptability. The company's latest financial reports indicate continued growth, with adjustments for non-GAAP financial measures providing a clearer picture of their operational performance. RSI’s ability to innovate and adapt has earned them multiple industry accolades, including the 2023 EGR North America Awards Customer Services Operator of the Year and the 2021 SBC Latinoamérica Awards Sportsbook Operator of the Year.
Rush Street Interactive continues to drive forward, leveraging strategic partnerships and technological advancements to maintain its position as a leader in the online gaming and sports betting industry. For more information and updates, visit www.rushstreetinteractive.com.
Rush Street Interactive, Inc. (NYSE: RSI) has announced the launch of its BetRivers Sportsbook in Louisiana on January 28, 2022. This launch enables sports fans aged 21 and over to pre-register and start betting. BetRivers offers extensive betting options, live sports streaming, and efficient cash-out processes. As part of the launch, new customers can enjoy a $250 deposit match and a $50 risk-free bet. This marks RSI's presence in twelve states for online sports betting, following its recent launch in New York.
Rush Street Interactive (NYSE: RSI) has signed former MLB manager and player Bobby Valentine as a brand ambassador. With extensive experience in professional and collegiate sports, Valentine will create exclusive content for BetRivers.com and PlaySugarHouse.com, including weekly MLB videos and podcasts. This partnership aims to enhance engagement with sports betting fans, particularly in Connecticut, where RSI launched sportsbooks in October 2021. CEO Richard Schwartz highlights Valentine's expertise as a significant asset to the company.
Rush Street Interactive (NYSE: RSI) announced the launch of its BetRivers sportsbook for online and mobile wagering in New York on January 8, 2022. The sportsbook offers a wide range of betting options, including multi-game same game parlays and live streaming. BetRivers app is rated among the top 3 mobile sportsbooks in the U.S., excelling in user experience. New Yorkers can enjoy promotions during high-profile sporting events, enhancing the betting experience. RSI operates in twelve states and is recognized for its responsible gaming practices.
Rush Street Interactive (NYSE: RSI) has received approval from the New York State Gaming Commission to begin mobile sports betting operations on January 8, 2022, at 9:00 am ET. This launch takes place in the largest online sports betting market in the U.S., just ahead of major sports events. The BetRivers sportsbook will offer extensive betting options, live streaming, and quick payout approvals. RSI, recognized for its award-winning service, emphasizes user experience and trust, establishing itself as a key player in New York's sports betting landscape.
Rush Street Interactive (RSI) has formed a 10-year partnership with Hall of Fame Resort & Entertainment Company (HOFV) to operate a retail sportsbook at the Hall of Fame Village in Canton, Ohio. This collaboration, pending necessary licenses, aims to enhance the visitor experience at the Pro Football Hall of Fame. HOFV praised RSI for its strong market reputation and performance in sports betting, indicating a fruitful relationship. RSI is currently operational in twelve U.S. states and is a leader in retail sports betting within major markets like Pennsylvania, Illinois, and New York.
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV) announced a 10-year agreement with Rush Street Interactive (NYSE: RSI) to establish a premier sports betting location at Hall of Fame Village in Canton, Ohio. The sports betting operation will enhance guest experiences in the newly opened Fan Engagement Zone. The partnership aims to leverage the legalization of sports betting in Ohio, with RSI bringing its expertise from operations in 12 states, including market leadership in populous states like Pennsylvania and New York. The agreement also includes a sponsorship component.
Inspired Entertainment, a prominent B2B gaming provider, has signed a framework agreement with Rush Street Interactive (RSI) to supply its Interactive games across multiple North American states, including New Jersey, Michigan, and West Virginia. Under this agreement, Inspired's popular titles, such as Santa King Megaways and Big Spin Bonus, will be integrated into RSI's gaming platform. This partnership allows Inspired to expand its reach in the North American market, enhancing its presence with a trusted operator in the online gaming sector.
Rush Street Interactive (RSI) has signed Brittney Payton, a well-known Chicago television personality and daughter of Bears legend Walter Payton, to an exclusive brand and content deal. This partnership aims to bolster RSI's presence in Arizona and Illinois through sports betting content creation. Payton will feature in commercials, podcasts, and social media, promoting BetRivers and PlaySugarHouse. With a Chicago Emmy to her name, Payton's involvement is anticipated to enhance RSI's engagement with sports betting fans while leveraging her pop culture connections.
On December 2, 2021, Richard Schwartz, CEO of Rush Street Interactive (NYSE: RSI), was honored as 'Leader of the Year' at the SBC Awards North America 2021. The prestigious awards celebrate excellence in the gaming industry, judged by a diverse panel from top firms. Schwartz expressed pride in his team's achievements, attributing success to their dedication to quality and innovation. Founded in 2012, RSI operates successful online brands like BetRivers and PlaySugarHouse across multiple U.S. states and has received numerous industry accolades for its gaming services.
RushBet, operated by Rush Street Interactive (NYSE: RSI), has announced a multi-year exclusive partnership with LaLiga in Colombia. This collaboration allows RushBet to co-brand with LaLiga Santander and LaLiga Smartbank, utilizing league IP for promotions and advertisements. The partnership includes access to unique hospitality experiences and the launch of new TV and digital content. RushBet was recently recognized as the 'Sportsbook of the Year' for Latin America at the SBC Awards 2021, highlighting its strong performance in the region.
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