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Rush Street Interactive, Inc. - RSI STOCK NEWS

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.

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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.

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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.

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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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Rush Street Interactive (NYSE: RSI) is launching city-specific sports betting podcasts called CityCasts™ across the U.S. for its BetRivers and PlaySugarHouse brands. Starting this month, these podcasts will provide localized news and insights to enhance betting decisions for both novice and experienced bettors. Currently live in Chicago, Detroit, Pittsburgh, and Philadelphia, new CityCasts are set to launch in New York, Denver, Washington D.C., and Los Angeles. Hosted by sports betting experts, the podcasts are available in audio and video formats on various platforms.

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Rush Street Interactive, Inc. (NYSE: RSI) will participate in a fireside chat at JP Morgan’s Gaming, Lodging, Restaurant & Leisure Management Access Forum on September 14, 2021, at 3:30 p.m. ET. Investors can access a live audio-webcast through the Company’s website, with a replay available for 30 days. RSI is a leader in online gaming and sports betting, currently operating in ten U.S. states and internationally in Colombia, focusing on responsible gaming practices. The company continues to gain recognition in the industry.

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Rush Street Interactive (NYSE: RSI) has launched branded live-casino studios for BetRivers and PlaySugarHouse in Pennsylvania and New Jersey. Each studio features three exclusive Blackjack tables, enhancing the gaming experience for loyal players. Powered by Evolution, these studios operate 24/7, offering a safe and personal gaming environment. Customers can earn bonus store points with every wager, redeemable for various rewards. This initiative aims to strengthen RSI's presence in regulated markets, providing an engaging online casino experience.

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Rush Street Interactive (NYSE: RSI) announced a partnership with Mark Schlereth, a three-time Super Bowl champion and NFL analyst, to enhance its sports betting brand, BetRivers.com. Schlereth, known for his NFL insights, will create content for fans, focusing on the Broncos and NFL, available on BetRivers and PlaySugarHouse platforms. This collaboration aims to attract bettors with expert analysis, supporting their wagering decisions. RSI is committed to responsible gaming and operates in ten U.S. states and Colombia, providing a range of online gaming services.

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Rush Street Interactive (RSI) has announced its plans to launch BetRivers in Arizona this fall, following a partnership with the Arizona Rattlers for online sports betting operations. RSI has gained a temporary event wagering designee license, allowing it to operate in the state and serve as a major sponsor for the Rattlers. This partnership follows similar market access agreements in states like Connecticut and Louisiana. RSI is recognized as a leading online sports betting company in the U.S., notably in populous states like Illinois and New York.

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Rush Street Interactive (NYSE: RSI) has announced an exclusive partnership with the Field of 68 and Field of 12 media networks as college football season begins. This collaboration will produce five weekly podcasts featuring former college football stars, enhancing engagement for BetRivers.com users. Notable shows include "THE FIELD OF 12 AFTER DARK" and "The B1G Show." This initiative aims to provide a unique betting experience for fans throughout the season.

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Rush Street Interactive (NYSE: RSI), a leader in online casino and sports betting, announced that Richard Schwartz, Co-Founder and CEO, will speak at Craig-Hallum’s Online Gaming Conference on August 24, 2021, at 3:30 p.m. ET. The discussion, focusing on "Emerging Opportunities in Latin America," highlights RSI's commitment to expanding its market presence. The event will be accessible via a live audio-webcast on RSI's website, with a replay available for 90 days. RSI operates in ten U.S. states and Colombia, offering a wide range of gaming options.

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FAQ

What is the current stock price of Rush Street Interactive (RSI)?

The current stock price of Rush Street Interactive (RSI) is $13.67 as of December 20, 2024.

What is the market cap of Rush Street Interactive (RSI)?

The market cap of Rush Street Interactive (RSI) is approximately 1.2B.

What is Rush Street Interactive, Inc. (RSI)?

Rush Street Interactive, Inc. (RSI) is an online gaming and sports entertainment company that provides real-money online casinos, online sports betting, retail sports betting, and social gaming options.

When was Rush Street Interactive founded?

Rush Street Interactive was founded in 2012 and is based in Chicago, Illinois.

What markets does Rush Street Interactive operate in?

Rush Street Interactive operates primarily in the United States and Latin America, with recent expansions into markets such as Delaware.

What recent partnerships has RSI announced?

RSI recently partnered with Evolution to expand its online slot offerings in Delaware and became the title sponsor for the NASCAR Xfinity Series Dash 4 Cash race at Dover Motor Speedway.

How does RSI generate revenue?

RSI generates revenue through its business-to-consumer (B2C) and business-to-business (B2B) models, offering online casinos, sports betting, and social gaming through its websites and mobile apps.

What awards has Rush Street Interactive won?

Rush Street Interactive has received multiple 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.

Where can I find more information about Rush Street Interactive?

For more information and updates, visit the official website at www.rushstreetinteractive.com.

What is social gaming?

Social gaming involves free-to-play games that use virtual credits, which can be earned or purchased, providing an entertaining online gaming experience without real-money wagering.

What is RSI's involvement in NASCAR?

RSI is the title sponsor for the NASCAR Xfinity Series Dash 4 Cash race at Dover Motor Speedway, allowing fans to place mobile sports wagers during the event.

What are RSI's main brands?

RSI's main brands include BetRivers, PlaySugarHouse, and RushBet, offering a variety of gaming and sports betting options.

Rush Street Interactive, Inc.

NYSE:RSI

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RSI Stock Data

1.16B
84.99M
4.08%
75.13%
5.8%
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