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 partnered with Pariplay Ltd. to become the first online casino operator in the U.S. to offer a selection of Pariplay's high-quality casino games on PlaySugarHouse.com in New Jersey. This move introduces new slot titles like Amazing Riches and Dragons of the North to the U.S. market, enhancing player engagement. With over 750 existing games, this collaboration aims to boost the platform's appeal, leveraging Pariplay's established success in Europe.
Rush Street Interactive (NYSE: RSI) has launched its online sportsbook, BetRivers.com, in Virginia, allowing residents to register and place bets on various sports. This initiative follows a partnership with Rivers Casino Portsmouth, enhancing the company’s footprint in the online sports betting market for the next 20 years. The Rivers Casino project is expected to create 1,300 permanent jobs and 1,400 temporary construction jobs, contributing significantly to the local economy. RSI, a recognized leader in online gaming, aims to offer a trusted and expansive betting experience to Virginians.
Rush Street Interactive (RSI) reports a successful launch of BetRivers.com in Michigan, starting January 22, 2021. The state witnessed significant online gaming interest, with major events like the NFC Championship Game driving 39% of total bets. Despite COVID-19 interruptions in college basketball, it remained a popular betting choice. Customer feedback highlights RSI's commitment to transparent gaming, fast payouts, and a diverse game selection. Blackjack was the most favored game, while 120+ games were available at launch. RSI continues to expand its footprint in the U.S. online gaming market.
Rush Street Interactive (NYSE: RSI) announced the launch of BetRivers.com in Michigan and a multi-year partnership with the Detroit Pistons. This partnership includes a free-to-play game, Fan Pick'em, allowing Pistons fans to win prizes. With BetRivers.com live, Michigan residents over 21 can access a wide range of betting options and online casino games. RSI is recognized as a leader in online sports betting and has established itself in populous states like Illinois, Pennsylvania, and New York. The partnership will enhance fan engagement through exclusive promotions and marketing opportunities.
Rush Street Interactive (NYSE:RSI) is set to launch its online casino and sportsbook, BetRivers.com, in Michigan on January 22, 2021. Players over 21 can access a variety of games and sports betting options via the platform. The company has gained recognition, winning awards such as Casino Operator of the Year in 2020. RSI also operates in several other states, maintaining a strong market share in online gaming. Its partnership with Little River Casino Resort enhances its retail betting presence in Michigan.
On January 14, 2021, Rush Street Interactive (RSI) announced a significant jackpot win at PlaySugarHouse.com, where a Harrisburg, PA woman won $127,247.40 from an 88-cent bet. This marks the second jackpot of 2021 for RSI's online casinos in Pennsylvania, demonstrating that substantial winnings can come from small bets. Since the launch of the Divine Fortune game in 2019, there have been a total of eighteen jackpot winners. RSI continues to expand its online gaming presence across multiple states and was recognized for its excellence in the gaming industry.
Rush Street Interactive (RSI) announces a significant win in its Pro Football Pick'em contest, where Jason Schwartz of Pittsburgh won the grand prize of $125,000. Out of a total prize pool of $500,000, Schwartz emerged victorious by picking the most winners throughout the NFL season. This year's contest saw participation from numerous players, with weekly winners also awarded $2,500. RSI's COO, Mattias Stetz, expressed excitement over the contest's popularity, reinforcing the company’s position in the online gaming market.
On January 8, 2021, Rush Street Interactive (NYSE: RSI) announced a partnership with NFL legend Jerome Bettis as a brand ambassador for its online gaming platform, BetRivers.com. Bettis, known for his impactful NFL career, will engage in promotions and provide insights on pro football to sports bettors. This collaboration aligns with BetRivers' "Bet with a Winner" campaign, aiming to enhance user engagement. RSI has established itself as a leading entity in the online casino and sports betting sector in the U.S., expanding into several states since its inception in 2012.
Rush Street Interactive (RSI) announced a significant jackpot win on its BetRivers.com platform, with a La Belle, PA woman winning $425,277.88 from a $1 bet playing Divine Fortune. This marks the seventeenth jackpot since the game’s launch on RSI's online casinos in Pennsylvania, which include BetRivers.com and PlaySugarHouse.com. COO Mattias Stetz emphasized the positive impact of such wins on players, showcasing that even small bets can lead to big rewards. RSI aims to enhance customer experience as a leading operator in the U.S. online gaming market.
Rush Street Interactive (RSI) announced an exclusive partnership with NBA coaching legend George Karl to enhance its BetRivers.com platform. Karl, who won over 1,000 games and coached 22 playoff teams, will serve as the brand ambassador for BetRivers’ "Bet with a Winner" campaign. This collaboration aims to deepen relationships with players, leveraging Karl's insights into NBA betting. RSI, a leader in online gaming, aims to capitalize on Karl's experience to boost its market presence and engage users through various promotions across digital platforms.
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