Rush Street Interactive raises guidance after Q3 revenue skyrockets
| By Daniel O'Boyle
Rush Street Interactive – the digital arm of Rush Street Gaming – has raised its full-year revenue guidance by 20% to between $265m and $275m, after it saw revenue grow 369.5% to $72.8m in the third quarter of 2020.
Rush Street Interactive chairman Richard Schwartz said the business’s growth in revenue highlighted its leading position in the US betting and igaming market.
“Our third quarter results demonstrate RSI’s commitment to excellence and validates our focus on player engagement and building a best-in-class technology stack, which have enabled us to attract and retain a loyal and diverse user base,” Schwartz said.
“We have maintained the number one online casino share in the United States for the second straight quarter according to Eilers & Krejcik.”