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) plans to announce its fourth quarter and year-end 2021 results on March 2, 2022, after market close, followed by a 5:00 pm ET conference call. Earnings details will be available at ir.rushstreetinteractive.com. RSI is recognized as a major player in online gaming and sports entertainment within the U.S. and Latin America, operating in 13 states and being awarded the Sportsbook Operator of the Year in 2021. The audio replay will be accessible on the investor relations website until April 2, 2022.
Rush Street Interactive (NYSE: RSI) announced its partnership with the New Orleans Pelicans, designating BetRivers Sportsbook as the official partner. This collaboration sees BetRivers branding in the Smoothie King Center and the rebranding of the exclusive Chairman's Club to BetRivers Chairman Lounge. RSI aims to enhance the fan experience and solidify its commitment to Louisiana sports. The sportsbook is now live in Louisiana, offering a $250 first deposit match bonus for new customers. The partnership also includes local brand ambassadors, enhancing RSI's community presence.
Rush Street Interactive (RSI) has partnered with Grupo Multimedios to launch an online casino and sports betting platform in Mexico, expected in Q2 2022. This 25-year exclusive agreement allows RSI to utilize Multimedios' vast media assets to promote its services. With a combined population of over 180 million in Mexico and Colombia, this expansion strengthens RSI's position in Latin America's online gaming market. The partnership aims to leverage Multimedios' experience and media reach to establish a robust competitive presence in Mexico.
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.
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