Tag: Rush Street Interactive
Wall Street Bets: Third-quarter earnings, prediction markets, U.S. gaming trends
Forecasting third-quarter earnings reports J. P. Morgan’s Dan Politzer looked at the upcoming third-quarter earnings reports: “For 3Q... more
Rush Street names Kyle Sauers President; will continue to serve as Chief Financial Officer
Rush Street Interactive on Wednesday announced the promotion of Kyle Sauers to President, a role he will hold in addition to his position... more
Delaware: RubyPlay expands through Rush Street Interactive partnership
Igaming development studio RubyPlay has partnered with Rush Street Interactive to bring its slot titles to Delaware, the second state it... more
Rush Street leaders take victory lap in earnings call
Richard Schwartz, CEO of Rush Street Interactive, began the second-quarter earnings call by noting new company highs for revenue,... more
Rush Street revenues and profits skyrocket
Profits for Rush Street Interactive were US$28.8 million in the second quarter, reversing a US$300,000 loss posted a year earlier. The... more
Higher taxes to crimp DraftKings earnings but not Rush Street’s, analyst says
New, state-level tax increases and the cost of entering the prediction markets will be a squeeze on DraftKings’ revenue in the near... more
Rush Street Interactive earnings, profit grow in first quarter
Double-digit increases in revenue, profit and cash flow were posted by Rush Street Interactive late on April 30. Revenue grew 21%, hitting... more
Rush Street Interactive surmounts adverse sporting results
Despite the adversity posed by March Madness results and the Super Bowl, Rush Street Interactive posted almost uniformly improved numbers... more
Rush Street Interactive posts revenue surge and modest profit
Revenue for online casino and sports betting company Rush Street Interactive surged 31% in the fourth quarter of 2024. In addition to the... more
Analyst: Little impact on Rush Street Interactive from sudden Colombian tax
By presidential decree, Colombia has imposed a 19 percent value-added tax (VAT) on deposits with igaming operators. In a February 18... more
