Market Cap $6.78 B
Share Price $29.17
Annual Revenue $1.13 Billion USD
Earnings $87.07 Million USD
Rush Street Interactive Stock Performance
Rush Street Interactive Inc. is an online gambling and sports betting company focused on regulated markets across North America and Latin America. Founded in 2012 and headquartered in Chicago, Illinois, the company operates primarily through brands such as BetRivers, PlaySugarHouse, and RushBet.
Unlike some larger global gambling groups, Rush Street Interactive has focused on building a more targeted presence in regulated online betting markets rather than pursuing aggressive global expansion. The company has developed a reputation for a technology-driven approach, emphasizing user experience, localized offerings, and operational efficiency. Over time, it has positioned itself as a growing challenger within the online betting industry, particularly in North America.
Year by Year Reports
Rush Street Interactive’s growth has been driven by the rapid expansion of regulated online betting markets in the United States and Latin America. In recent years, the company has shown strong revenue growth while gradually improving profitability, supported by rising active users and continued expansion across online casino and sportsbook products.
| Year | Market Cap (USD) | Change vs Previous Years | Key Events & Strategic Updates | Full Report |
| 2026 | $4.9 B |
+11.36% |
Strong Q1 performance, continued user growth across North America and Latin America | N/A |
| 2025 | $4.4 B |
+33.33% |
Record quarterly revenue, rising monthly active users, strong EBITDA growth | N/A |
| 2024 | $3.3 B |
+50% |
Continued expansion in online casino and sportsbook markets | Download Full Report Here |
| 2023 | $2.2 B |
+57.14% |
Revenue growth accelerates, improving operational efficiency | Download Full Report Here |
| 2022 | $1.4 B |
-30% |
Focus on market expansion and customer acquisition | Download Full Report Here |
| 2021 | $2.0 B |
+66.67% |
Growth driven by U.S. online betting momentum | Download Full Report Here |
| 2020 | $1.2 B | N/A | Public market debut and rapid industry growth | Download Full Report Here |
Company History
Rush Street Interactive was founded as the online arm of Rush Street Gaming, using experience from land based casinos to enter the growing digital gambling market. In its early years, the company focused on online casino gaming before expanding heavily into online sports betting as regulation evolved across the United States.
A major milestone came when the company went public in 2020 through a SPAC transaction, giving it additional capital to accelerate expansion. Since then, Rush Street Interactive has steadily entered new regulated jurisdictions across the U.S., Canada, and Latin America.
More recently, the company has focused on improving profitability while continuing to grow its user base. Unlike some competitors that prioritize aggressive marketing spend, RSI has generally taken a more measured approach centered on operational discipline and localized market strategies.
Financial & Performance Metrics
Rush Street Interactive has delivered strong revenue growth over the last several years, benefiting from increased use of online sports betting and iGaming across regulated markets. As of 2026, the company has a market capitalization of approximately $4.9 billion.
The business has also shown improving profitability, with pretax income reaching approximately $87 million in 2025 alongside more than $1.1 billion in annual revenue. Growth has been supported by rising active users and improving margins, particularly in online casino products, which tend to generate stronger economics than sportsbook alone.
Key revenue drivers include:
- Online sportsbook betting
- Online casino and iGaming
- Mobile betting platforms
- Social gaming products
Compared to larger competitors, Rush Street Interactive operates at a smaller scale but has shown stronger operational discipline and improving profitability trends in recent years.
Products & Services
Rush Street Interactive offers a range of online betting and gaming products designed primarily for regulated digital markets. The company focuses heavily on mobile-first experiences, localized content, and user retention.
Its core offerings include:
- Online sportsbook betting
- Online casino and slots
- Live betting and in-play wagering
- Social gaming products
Through brands like BetRivers and PlaySugarHouse, the company provides integrated betting experiences across sports betting and casino gaming. Its platforms include personalized promotions, live betting features, and digital wallet functionality aimed at improving user engagement and retention.
Rather than trying to compete solely on marketing scale, RSI has generally focused on product quality and operational execution within the markets where it operates.
People (Leadership & Key Figures)
Rush Street Interactive is led by CEO Richard Schwartz, who has been closely involved with the company since its early development and has played a major role in shaping its expansion across regulated online betting markets. Under his leadership, RSI has focused on balancing growth with operational discipline, particularly as competition in online gambling has intensified.
Alongside Schwartz, the company’s leadership team includes Kyle Sauers, who serves as Chief Financial Officer and oversees financial strategy, capital allocation, and investor relations. COO Mattias Stetz has been instrumental in managing operational execution and international expansion efforts, particularly in Latin America.
The broader executive team has generally emphasized technology investment, customer retention, and sustainable growth rather than aggressive spending. Compared to some competitors, RSI has taken a more measured approach to expansion, focusing on long-term profitability and market efficiency.
Geographic Presence
Rush Street Interactive operates primarily across regulated online betting markets in North America and Latin America, with a strategy focused on markets where online casino gaming is permitted alongside sportsbook operations.
In the United States, the company offers:
- Online sportsbook betting
- Online casino and iGaming
- Mobile betting platforms
In Canada, particularly Ontario, RSI provides:
- Sports betting
- Online casino gaming
Across Latin America, including markets such as Colombia, Mexico, and Peru, the company operates through RushBet, offering:
- Online sportsbook betting
- Casino and gaming products
Compared to some larger global operators, RSI’s footprint is more selective, focusing on regulated regions where it believes long-term profitability and customer retention are strongest.
Regulatory & Compliance
Rush Street Interactive operates in a highly regulated environment and must secure licenses in every jurisdiction where it offers online betting or gaming products.
In the United States, the company is regulated by various state gaming authorities, including bodies such as the New Jersey Division of Gaming Enforcement and the Pennsylvania Gaming Control Board. In Canada and Latin America, RSI operates under local licensing authorities specific to each jurisdiction.
The company must comply with regulations covering responsible gambling, anti money laundering standards, data security, and advertising restrictions. As online betting regulation continues to evolve, maintaining compliance remains a key operational priority.
Risks & Challenges
Rush Street Interactive faces strong competition from larger operators such as DraftKings, FanDuel, and BetMGM, all of which compete aggressively for market share through marketing and promotions.
The company is also exposed to regulatory risks, as changes in licensing rules, taxation, or advertising restrictions could impact growth and profitability. In addition, the online betting industry remains highly competitive, with customer acquisition costs often remaining elevated.
Another challenge is maintaining growth while improving profitability. Although RSI has shown progress in this area, balancing expansion with operational efficiency will remain an important factor going forward.
Future Outlook
Looking ahead, Rush Street Interactive appears well positioned to benefit from continued expansion in regulated online betting and iGaming markets. The company’s recent financial improvements suggest it is moving into a more mature phase focused on profitability rather than pure market share growth.
Key drivers of future growth include:
- Expansion of online casino markets in North America
- Continued growth in Latin America
- Rising mobile betting adoption
- Improved operational efficiency and margins
While competition remains intense, RSI’s more disciplined strategy and growing profitability could help it strengthen its position within the online gambling industry over the next several years.