Rush Street Interactive Inc - RSI STOCK NEWS

Rush Street Interactive (NYSE: RSI) has signed NFL Hall of Famer Mike Ditka as a multi-year brand ambassador for BetRivers.com, the Chicago Bears' exclusive sportsbook partner. Ditka, a key figure in NFL history, will engage in promotions, provide insights on BetRivers' platforms, and participate in unique content like "Da Coach's Picks of the Week" and "Beat Da Coach" web videos. This partnership aims to enhance player trust and engagement, leveraging Ditka's extensive knowledge and popularity in Chicago.

Rush Street Interactive (NYSE: RSI) will announce its Q2 2021 results on August 12, 2021, after market close. A conference call will follow at 5:00 PM ET to discuss the financial outcomes. Investors can access the press release and related materials on RSI's investor relations website. This gaming and sports entertainment company operates in ten U.S. states and Colombia, offering an array of online casino games and sports betting options. RSI has received accolades for its operations, emphasizing its commitment to responsible gaming practices.

Rush Street Interactive (NYSE: RSI) has announced a multi-year partnership with GTG Network to introduce the iSport Genius data and insight product across its sportsbooks. The iSport Genius service is now available in all states where RSI's BetRivers operates, enhancing the user experience with comprehensive sports data. Only four U.S. sportsbooks will offer this service, providing bettors access to critical sports insights. This collaboration aims to elevate sports betting education, driving informed user decisions.

Rush Street Interactive (NYSE: RSI) has partnered with Scientific Games (NASDAQ: SGMS) to launch their online casino games in West Virginia, making RSI the first online casino operator in the state to offer these games. Popular titles include 88 Fortunes and Monopoly Megaways™. The partnership aims to enhance player experience with engaging features and bonuses. RSI is known for providing high-quality customer service and efficient payout methods. This collaboration marks a significant step in expanding online gaming offerings in West Virginia.

Rush Street Interactive (NYSE:RSI) received authorization from the Michigan Gaming Control Board to launch online live dealer games on BetRivers.com, effective July 22, 2021. Powered by Evolution Gaming, this new offering includes Blackjack, Roulette, and Baccarat, allowing players to enjoy the casino experience from their devices. Richard Schwartz, president of RSI, emphasized the appeal of live dealer games, mirroring the real-time interaction of land-based casinos. RSI continues to strengthen its presence in Michigan through collaboration with Little River Casino Resort.

The Chicago Bears have entered a multi-year exclusive partnership with Rush Street Interactive, Inc. (RSI) and Rivers Casino, marking the Bears' first such deal in the Sportsbook and Casino sectors. BetRivers will become the Bears' Official Sportsbook Partner, while Rivers Casino will be the Official Casino Partner. The partnership includes significant in-stadium presence, digital assets, and exclusive promotions for BetRivers players. This agreement is seen as a milestone for both the Bears and RSI, aiming to enhance fan engagement and customer experience.

Rush Street Interactive (NYSE: RSI) has entered a multi-year exclusive partnership with the Chicago Bears, marking the team's first such agreement in the Sportsbook and Casino categories. BetRivers.com will be the Bears’ Official Sportsbook Partner, while Rivers Casino will serve as the Official Casino Partner. The deal includes in-stadium signage and promotional opportunities integrated into the Bears’ Official App. This collaboration aims to enhance fan engagement through exclusive prizes and experiences, reinforcing RSI's commitment to local partnerships.

Rush Street Interactive (NYSE: RSI) received three prestigious awards at the EGR North America Awards 2021: Casino Operator of the Year, Customer Services Operator of the Year, and Social Gaming Operator of the Year. The company was recognized for its impressive growth, player retention strategies, and innovative gaming platform. Highlights include dramatic revenue increases and superior customer service, reinforced by positive player testimonials. Additionally, RSI was noted as the second largest casino operator by gross gaming revenue in 2020 and was the fastest growing publicly listed betting company globally.

Rush Street Interactive, Inc. (NYSE: RSI) reported a 218% revenue increase in Q1 2021, totaling $111.8 million, compared to $35.2 million in Q1 2020. The net loss decreased to $76 thousand from $12.9 million year-over-year. Adjusted EBITDA was $(15.1) million, down from $1.1 million in the prior year. Active users grew by 166% year-over-year. RSI now expects revenues for 2021 to be between $440 million and $480 million, up from previous guidance, highlighting strong growth and a robust cash position.