RSI to prioritise investments as net loss widens in FY22
| By Robert Fletcher
Rush Street Interactive (RSI) said it will continue to be “selective” with investments after the group reported an increased net loss for its 2022 financial year.
Shortly after the third quarter, RSI said it had become more “disciplined” and “efficient” with its marketing spend, with the aim of targeting markets in which it could experience the highest returns.
While marketing spend increased in the final quarter of the year, chief executive Richard Schwartz said the operator remained committed to a more selective way of spending, with the idea of prioritising investments in certain areas.