Rush Street Interactive (NYSE: RSI) reported third-quarter 2026 revenue of $385.9 million, up 38.8% year on year but 0.7% short of analysts' estimate of $388.6 million. Adjusted earnings per share of $0.15 beat expectations of $0.13. Online casino made up 75% of revenue. Latin America grew more than 200%, helped by strong performance in Colombia, Mexico, and Peru. Marketing spend rose 44%. In North America, growth moderated amid tougher competition, particularly in Michigan. Operating margin rose to 11.1% from 7% a year earlier. The company kept its full-year revenue guidance at $1.58 billion at the midpoint, with adjusted EBITDA guided to $255 million. Its shares trade at $14.37, down from $15.13 before the results.

BetRivers owner Rush Street grows revenue 39% but sees October at low end of 2026 guidance. Last updated: 30 October, 2026 Ad Disclosure Why Trust Us Rush Street Interactive kept its 2026 revenue guidance but said October trading points to the low end of the range, after raising its outlook a quarter earlier. With online casino at 75% of revenue, the warning is fresh operator evidence that US online casino growth is cooling heading into the fourth quarter. The third-quarter results of BetRivers owner Rush Street Interactive came out on October 28. The guidance range it reaffirmed implies 38% to 41% growth for 2026. Adjusted EBITDA guidance stays at $245 million to $265 million, with October tracking toward the midpoint of that range. The warning breaks a pattern from the summer. In the second quarter, reported July 29, the company posted record revenue of $393.8 million, up 46%, and raised its full-year guidance. Third-quarter sales were up from $277.9 million a year earlier but below the second-quarter total. Growth also slowed from the 46% pace of the prior quarter. Profits outpaced revenue as casino share kept rising. Net income rose 93% to $28.7 million, from $14.8 million. Adjusted EBITDA rose 73% to $62.2 million, from $36.0 million. Sales and marketing expense grew 43% to $56.0 million, from $39.0 million a year earlier. The online casino share of revenue rose from 72% in the second quarter. That weighting makes the company a close read on US casino demand. The 32% growth in casino revenue also includes Latin America, so it is not a pure US figure. Player numbers kept growing. North American monthly active users reached a record 300,572, up 34% year over year. Latin American users rose 46% to 607,308, for a total of 907,881. Management blames a slower market, not lost share. Management blamed slower growth in the North American online casino market, not lost market share, for revenue tracking toward the low end of guidance. Michigan, in their view, has also become more competitive. Statewide figures from Michigan are consistent with a softer market. In September, Michigan iGaming adjusted gross receipts came to $288.15 million, 0.9% lower than in August. The shares fell 1.82% in regular trading on October 28 to $15.13. After hours, the stock moved below its 52-week low. The company bought back about $14 million of stock during the quarter and another $11 million after it ended. That leaves $75 million under its repurchase authorization. Rush Street Interactive reported third-quarter revenue up 39% to $385.9 million, but North American revenue rose only 14% and it says October trends point to the low end of its revenue guidance. pic.twitter.com/DYpJ8f2Z3a - iGaming Times (@igaming_times) October 29, 2026 The outlook carries conditions. It covers only markets that are already live. It also assumes current tax structures stay in place, including Colombia's temporary 16% excise tax through year-end. That leaves the fourth quarter as the test of the low-end warning. Investing.com calculated that the reiterated full-year guidance implies fourth-quarter revenue of roughly $410 million to $450 million. Sources. About ReadWrite's Editorial process. The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Rush Street Interactive Q3 revenue rises 39% to $385.9 million. Updated: Oct 30, 2026, 12:43 AM Published: Oct 30, 2026, 12:43 AM Rush Street Interactive, the operator of BetRivers, reported third-quarter revenue of $385.9 million, up 39% from a year earlier, as online casino growth and a surge in Latin America lifted results. The company also reiterated its full-year 2026 revenue and adjusted EBITDA guidance. (Rush Street Interactive) Net income rose 93% to $28.7 million from $14.8 million, and adjusted EBITDA climbed 73% to $62.2 million from $36 million, the company said in its third-quarter earnings release. Net income attributable to Rush Street Interactive was $11.8 million, or 10 cents per diluted share, and adjusted earnings per share were 15 cents, compared with 9 cents a year earlier. Monthly active users totaled 907,881, up 42%. In North America, MAUs reached a record 300,572, up 34%, and in Latin America, which includes Mexico, MAUs rose 46% to 607,308. Average revenue per monthly active user was $309 in North America and $58 in Latin America. Adjusted sales and marketing expense was $54.7 million, or 14.2% of revenue. The company ended September with $381.9 million in cash and cash equivalents, up from $336.3 million at the end of 2025. Through nine months, revenue was about $1.15 billion, up 42% from $809.5 million in the same period of 2025, by RG.org's calculation from the company's figures. Nine-month adjusted EBITDA was $187 million, compared with $109.5 million. "Online casino remains the engine of our profitability, and we're pleased to have reached a new quarterly record this period for monthly active users in North America," CEO Richard Schwartz said in the release. Guidance and call remarks. The company expects full-year 2026 revenue of $1.56 billion to $1.60 billion, which it said would be growth of 38% to 41%, and adjusted EBITDA of $245 million to $265 million. The guidance assumes operations only in jurisdictions that are live now and includes Colombia's temporary 16% emergency gaming tax decree. On the earnings call, President and CFO Kyle Sauers said operating trends so far in October would put the company closer to the low end of its revenue guidance and near the midpoint of its EBITDA guidance, according to a transcript of the call. He said year-over-year iCasino growth in October looked much like September, adding that "October looks a lot like September." Sauers said online casino made up 75% of third-quarter revenue and grew 32%, while online sports betting, almost 25% of revenue, grew 70%, driven mainly by Latin America and the World Cup. North American revenue grew 14% and Latin American revenue grew 218%, he said. North American ARPMAU was down 15% from a year earlier. Asked about U.S. legalization prospects, Schwartz pointed to Virginia, Ohio, Indiana and Washington, D.C., as online casino opportunities and said Illinois and New York face potential Medicaid funding reductions that could increase interest in alternative revenue sources such as iCasino. Rush Street Interactive has real-money online and mobile operations in 15 U.S. states, as well as in Colombia, Mexico, Peru and the Canadian provinces of Ontario and Alberta. RG.org's BetRivers Sportsbook review and guide to real-money online casinos have more on its brands and markets.