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Rush Street Interactive operates online real-money casino and sports betting services, plus social gaming, in the United States, Canada, and Latin America under BetRivers, PlaySugarHouse, and RushBet. Its products run on a proprietary iGaming platform that handles player accounts, payments, loyalty programs, and features like gamified promotions and real-time bonusing, while also offering free-to-play social gaming. The company differentiates itself through an integrated, technology-first platform and a track record of regulated online launches across multiple markets, including Latin America, along with both consumer-facing and platform-licensing solutions. Its goal is to grow its footprint in regulated markets by expanding its consumer platforms and licensing its platform to other operators for cross-border iGaming and omnichannel experiences.
Industries
Data & Analytics
Consumer Software
Enterprise Software
Gaming
Company Size
501-1,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
2012
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Total Funding
$260M
Above
Industry Average
Funded Over
1 Rounds
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Time Off
Employee Assistance Program
BetRivers, Gateway Casinos bridge online, land-based gaming in Alberta. Posted on: August 28, 2026, 12:51h. Last updated on: August 28, 2026, 02:13h. Key points. * BetRivers and Gateway Casinos are launching cross-promotions connecting digital and land-based gaming experiences * Promotions will centre on Gateway's Grand Villa Casino and Starlight Casino properties in Edmonton * The partnership does not currently include BetRivers retail sportsbooks at either Gateway casino BetRivers, the online casino and sportsbook brand operated by Rush Street Interactive, and Gateway Casinos & Entertainment Ltd. are teaming up on a cross-promotional partnership six weeks into Alberta's regulated iGaming market. BetRivers was one of the first iGaming operators to go live in the province when the market launched July 13. The partnership pairs BetRivers' digital platform with Gateway's Edmonton properties - Grand Villa Casino in the ICE District, the dining, shopping, and entertainment center, and home to the Edmonton Oilers of the National Hockey League (NHL), and Starlight Casino inside West Edmonton Mall - where events and promotions will connect brick-and-mortar casino players to the iGaming platform. Edmonton Casinos drive promotion. "Alberta is a market we've been preparing for, and our partnership with Gateway lets us welcome players in a way no one else can," said Richard Schwartz, chief executive officer at Rush Street Interactive. "By pairing our best-in-class platform with two of Edmonton's landmark entertainment destinations, we're giving Albertans more ways to play, more reasons to visit, and more to look forward to as we grow in the province." According to a BetRivers spokesperson, Gateway will expand gaming options for customers who can't make it to a land-based casino or who prefer the convenience of playing online. Partnership connects gaming channels. Events and promotions will kick off this summer, with more to be announced throughout the year designed to connect online and land-based gaming experiences and reach a broader range of customers, including brand ambassadors at Gateway properties. It's important to note that this isn't a BetRivers retail sportsbook being opened at the two Gateway properties, at least for the time being, according to a BetRivers spokesperson. In Alberta, licensed private iGaming operators like FanDuel, Caesars, DraftKings, and BetRivers can open retail sportsbooks like the ones found in Las Vegas. No retail sportsbooks yet. However, those sportsbooks must be established inside an approved casino, racing entertainment centre or professional sports venue rather than as independent storefronts. Such a set-up would require the iGaming operator to apply for a retail sportsbook license with Alberta Gaming, Liquor & Cannabis (AGLC), said Lynden McBeth, AGLC spokesperson. "Gateway has called Alberta home for more than two decades, with our Edmonton properties sitting at the centre of the city's entertainment scene," said Tolek Strukoff, chief executive officer of Gateway Casinos & Entertainment. "Now, through our partnership with BetRivers, that experience doesn't stop at our doors. Whether in person or online, Albertans can enjoy three great places to play." Mark is a long-time, seasoned journalist, as a writer and editor, working for several Toronto daily newspapers, then moving over to the digital arena, covering both sports and business. Over the past few years he moved over to the gaming arena, specifically covering the igaming industry in Canada for several platforms, as well as writing on sports betting.
Rush Street Interactive to participate at the Oppenheimer 29th Annual Technology, Internet & Communications Conference. Rhea-AI summary. Rush Street Interactive (NYSE: RSI) announced that its management will participate in a fireside chat at the 29th Annual Oppenheimer Technology, Internet & Communications Conference on Wednesday, August 12 at 2:05 p.m. Eastern Time. A live webcast and 90-day replay will be available in the Investors section of the company's website. News market reaction - RSI. Market context. Current platform data showed Net Selling insider activity, adding an additional risk lens to RSI's conference participation. The notice itself offered no operating figures; investors could watch for disclosures during the August 12 fireside chat. Key figures. Announcement date: August 10, 2026 Conference edition: 29th annual conference Event date: August 12, 2026 +2 more Historical context. 5 past events · Latest: Jul 29 (Positive) Pattern 5 events AI-generated analysis. How Rhea-AI works. Not financial advice. See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google 08/10/2026 - 05:30 AM CHICAGO, Aug. 10, 2026 (GLOBE NEWSWIRE) - Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that management will participate in a fireside chat at the 29th Annual Oppenheimer Technology, Internet & Communications Conference on Wednesday, August 12 at 2:05 p.m. Eastern Time. Access to the webcast of the event will be available through the "Investors" section of RSI's website at www.rushstreetinteractive.com. A replay of the webcast will be archived on the website for 90 days. RSI is a trusted online gaming and sports entertainment company focused on markets in the United States, Canada and Latin America. Founded in 2012 by gaming industry veterans, RSI was an early entrant in many regulated jurisdictions. Through its brands, BetRivers, PlaySugarHouse and RushBet, it currently offers real-money mobile and online operations in fifteen U.S. states: New Jersey, Pennsylvania, Indiana, Colorado, Illinois, Iowa, Michigan, Virginia, West Virginia, Arizona, New York, Louisiana, Maryland, Ohio and Delaware, as well as in the regulated international markets of Colombia, Canada (Alberta and Ontario), Mexico and Peru. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. RSI was also the first U.S.-based online casino and sports betting operator to receive RG Check iGaming Accreditation from the Responsible Gaming Council. For more information, visit www.rushstreetinteractive.com. Faq. When will Rush Street Interactive (NYSE: RSI) present at the 29th Annual Oppenheimer Technology, Internet & Communications Conference? Rush Street Interactive will participate in a fireside chat on Wednesday, August 12 at 2:05 p.m. Eastern Time. According to the company, the session is part of the 29th Annual Oppenheimer Technology, Internet & Communications Conference. How can investors access the Rush Street Interactive (RSI) webcast for the Oppenheimer conference on August 12, 2026? Investors can access the Rush Street Interactive webcast through the Investors section of the company's website at www.rushstreetinteractive.com. According to the company, the fireside chat will be streamed live from the Oppenheimer Technology, Internet & Communications Conference. Will a replay of Rush Street Interactive's (NYSE: RSI) Oppenheimer conference webcast be available for investors? Yes, a replay of the Rush Street Interactive webcast will be archived on the company's website for 90 days. According to the company, investors can access this replay via the Investors section after the live fireside chat concludes. Where will Rush Street Interactive (RSI) host the investor webcast for the 29th Annual Oppenheimer Technology, Internet & Communications Conference? The investor webcast will be hosted on Rush Street Interactive's website in the Investors section at www.rushstreetinteractive.com. According to the company, both the live stream and the 90-day replay will be available at this location.
Rush Street Interactive shares fell 15.1% despite reporting strong second-quarter results that exceeded expectations. The online gaming company's revenue grew 46.3% year on year to $393.8 million, beating Wall Street estimates. Rush Street raised its full-year revenue guidance to $1.58 billion, also ahead of expectations. However, investors appeared concerned about valuation, with the stock's price-to-earnings ratio exceeding 42x. The decline represents a "sell the news" reaction, with some shareholders potentially taking profits after the earnings announcement. The company's shares have experienced 21 moves greater than 5% over the past year, indicating high volatility. Rush Street Interactive is up 33.5% year to date but remains 25.3% below its 52-week high of $34.52.
New Jersey's iCasino market reaches 30 sites after 3 more launches. Ziv Chen - News Editor 15+ years betting experience Three new online casinos have joined New Jersey's market since June, bringing the total to 30 as iGaming revenue continues to surge and Greg Carlin returns to the iCasino space. The New Jersey Division of Gaming Enforcement said three new internet casinos were added to to the state market between June and this week, pushing the total roster of licensed online gambling sites to 30, according to the Press of Atlantic City. Key takeaways. * New Jersey's licensed online casino roster reached 30 after three launches since June. * Vegas Club debuted through Caesars, marking Greg Carlin's first iCasino venture since leaving Rush Street. * G2 Digital plans further expansion into Alberta, Ontario, and Pennsylvania, subject to regulatory approval. The latest addition, Vegas Club Casino, went live Wednesday under a market-access partnership with Caesars Entertainment. It was launched by G2 Digital, a company founded by industry veterans Greg Carlin and Dan Alexander. For Carlin, the debut marks his first online casino project since leaving Rush Street Interactive and Rush Street Gaming, two companies he helped build and led as CEO. He now runs Granite State Gaming and Hospitality, which operates the Beach Club Casino and Lilac Club Casino in New Hampshire. "Creating a great online gaming experience means delivering authentic excitement, real player protections, and the feeling that every player is a VIP," Carlin said in a statement. "Vegas Club Casino combines the timeless appeal of classic Las Vegas with the transparency and security of a fully regulated online casino. We look forward to earning players' loyalty through fair play and a fun, exciting experience." Alexander, meanwhile, brings experience from helping PlayStar grow into a top operator in New Jersey during its early expansion. Vegas Club joins two other newcomers that arrived last month: Ember Casino and Betinia Casino, both also tied to Caesars Entertainment. Together, the three launches reflect a wave of new entrants competing for a share of the state's online gambling audience within a short window. G2 Digital also indicated plans to expand into Alberta, Ontario, and Pennsylvania pending regulatory approval in those jurisdictions. N.J. iGaming surges despite sports betting slump. The wave of New Jersey online casino launches comes as the Garden State's broader gaming sector continued to post strong numbers through June. Total gaming revenue for the state's casinos, racetracks, and partners hit $585.6 million, up 0.7% from the $581.6 million recorded in June 2025, according to the Division of Gaming Enforcement's figures released July 16. Internet gaming remained the standout category, pulling in $271 million during the month, a 17.5% jump from $230.7 million a year earlier. Year-to-date, online gaming revenue reached $1.59 billion through the first half of the year, up 15% from the same stretch in 2025. Atlantic City's nine casino hotels brought in $257.3 million in casino win for June, a slight 0.7% dip from $259 million the year before, though the figure still ranked as the second-best June total in 14 years. Year-to-date casino win reached $1.41 billion, up 2.3%. Sports wagering was the lone segment to post a notable drop. Revenue fell 37.7% to $57.3 million even though total betting handle climbed 16% to $917.2 million, a gap that regulators attributed to patron winnings tied to the NBA Finals and World Cup. Across the first six months of 2026, statewide gaming revenue totaled $3.32 billion, up 6% from last year, while total gaming taxes reached $500.5 million through June.
DoorDash and Coinbase are two cash-heavy stocks worth researching, whilst Rush Street Interactive faces challenges, according to StockStory analysis. DoorDash holds $2.25 billion in net cash and has grown orders by 22.9% annually. The food delivery platform projects 25.6% revenue growth over the next 12 months, with earnings per share growing 179% over three years. Its shares trade at 18.9x forward EV/EBITDA. Coinbase maintains $8.91 billion in net cash, representing 21.1% of its market capitalisation. Rush Street Interactive, an online casino and sports betting operator, holds $328.1 million in net cash but faces concerns. The company recorded below-average sales growth of 28.5% annually over five years and shows substandard operating margin profitability, despite forecasts of improving free cash flow margins.
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Industries
Data & Analytics
Consumer Software
Enterprise Software
Gaming
Company Size
501-1,000
Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
2012
Find jobs on Simplify and start your career today