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 (NYSE: RSI) has launched its first retail sportsbook at Sports Haven in New Haven, Connecticut. This marks the beginning of in-person sports betting, with additional sportsbooks set to open soon at Bobby V's locations in Stamford and Windsor Locks. The initiative, in partnership with the Connecticut Lottery Corporation and Sportech, aims to provide bettors with accessible, state-run sportsbooks and an online betting platform through PlaySugarHouse. The rollout of 15 locations is expected to enhance the sports betting landscape in Connecticut.
Rush Street Interactive (NYSE: RSI), a premier online casino and sports betting company, announced CEO Richard Schwartz's participation in the Milken Institute's Global Conference panel titled “Streamer’s Global Dominance: Pulling the Future Forward.” This event is scheduled for 2:30 PM Eastern Time on Wednesday, October 20, 2021. A live webcast of the presentation will be accessible on the Company's website and will remain archived for 90 days. RSI operates in regulated markets across the U.S. and Latin America, offering platforms like BetRivers.com and PlaySugarHouse.com.
Rush Street Interactive (NYSE: RSI) officially launches its PlaySugarHouse online sportsbook in Connecticut after a successful soft launch. Starting October 19, 2021, the sportsbook will be available 24/7 on various devices for players aged 21 and older. Offering thousands of betting options, including live streaming and responsible gaming tools, PlaySugarHouse aims to enhance the betting experience as sports seasons commence. RSI's app was rated #3 in the U.S. market by Eilers & Krejcik, showcasing its competitive edge.
Rush Street Interactive (NYSE: RSI) has launched its social gaming platform, CASINO4FUN®, in Ontario, marking its entry into the Canadian market. The platform offers a free-to-play online casino and sportsbook, available on all devices for players aged 19 and older. CASINO4FUN® features over 350 games and aims to build a player database ahead of the anticipated real-money online casino and sports betting launch under the BetRivers brand in Ontario. This expansion follows RSI's recognition as a leading operator in the U.S. and Latin America.
Rush Street Interactive (NYSE: RSI) has been shortlisted for the SBC Awards North America 2021 in three categories: 'Casino Operator of the Year', 'Social Operator of the Year', and 'Leader of the Year'. This recognition highlights the company's expertise and innovation in the rapidly growing online gaming industry. CEO Richard Schwartz stated that the nominations reflect the dedication of their entire team to enhance the quality of their offerings. The winners will be announced on December 2, 2021, in New York City during the SBC Summit North America.
Rush Street Interactive (NYSE: RSI) has launched the PlaySugarHouse online sportsbook in Connecticut, allowing 750 customers to register and place bets starting today at 3:00 PM ET. After reaching the limit, pre-registered customers will join a waiting list for full launch expected by October 19, 2021. Waitlisted customers will receive extra bonuses including a $250 first deposit match. PlaySugarHouse is the official sportsbook partner of the Connecticut Lottery and will offer diverse betting options, leveraging its award-winning platform.
On September 24, 2021, Rush Street Interactive (NYSE: RSI) announced its partnership with the American Gaming Association (AGA) as part of Responsible Gaming Education Week. This collaboration involves integrating the AGA's Have A Game Plan. campaign into RSI's marketing and employee training efforts, emphasizing responsible sports betting. RSI aims to enhance player education by adopting features like RushPay for transparent transactions. The partnership aligns with RSI's ongoing commitment to responsible gaming amid the growing sports betting market.
Rush Street Interactive, Inc. (NYSE: RSI) has been shortlisted for three awards at the SBC Latinoamérica Awards 2021, recognizing its achievements in the Colombian gaming market. The company, known for its brands RushBet, BetRivers, and PlaySugarHouse, is nominated for 'Sportsbook of the Year', 'Casino Operator of the Year', and 'Sponsorship of the Year' for its Everton Football campaign. The awards ceremony is scheduled for October 28, 2021, at the SBC Summit Latinoamérica in Miami, Florida.
Rush Street Interactive (NYSE: RSI) announced the appointment of Tammi Barlow as the Director of Corporate Social Responsibility on September 21, 2021. Barlow, with over a decade of gaming industry experience, will lead the company's responsible gaming initiatives and promote diversity, equity, and inclusion efforts. CEO Richard Schwartz emphasized the importance of responsible gaming as the industry expands. RSI's commitment to responsible gaming tools includes faster withdrawal processes and proactive customer engagement. Barlow previously held key roles in responsible gaming at Caesars Entertainment and William Hill.
On September 20, 2021, Rush Street Interactive (NYSE: RSI) announced an exclusive partnership with Magic City Jai-Alai, becoming the Official Sports Betting Partner. This collaboration allows BetRivers to utilize Magic City Jai-Alai's official league data and streaming feeds for live betting, enhancing in-play wagering experiences for users in Illinois and Iowa.
The league, which promotes integrity through oversight and monitoring, aims to rejuvenate the sport with a new head-to-head betting format.
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