CHICAGO, April 08, 2024 (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 the appointment of Brian Sapp to the newly-created role of Chief Marketing Officer. In his role as CMO, Brian brings a wealth of experience and a proven track record in leading data-driven marketing and live operations within the mobile industry and joins the Company's executive leadership team repo ...

Gold shines as geopolitical conflict escalates … the rising 10-year Treasury yield and strong dollar aren’t slowing it down … be ready for a pullback … the long-term picture is bullishLet’s begin with a callback to our February 6th Digest:Perhaps no other asset benefits from global tension as much as gold. As we’ve been covering in the Digest, the situation in the Mideast is deteriorating quickly…While we hope this situation does not escalate, if it does, it will only help gold prices.Cut to the following t ...

CHICAGO, April 03, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its first quarter 2024 results after the market close on Wednesday, May 1, 2024, followed by a conference call at 6:00 pm Eastern Time (5:00 pm Central Time) to discuss the results. RSI’s earnings press release and related materials will be available at ir.rushstreetinteractive.com. To listen to the audio webcast and live Q&A, please visit RSI’s investor relations website at ir. ...

STOCKHOLM, March 28, 2024 /PRNewswire/ -- Evolution today announced a new partnership with Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), to enter the Delaware market in partnership with the Delaware Lottery and its three online casinos - Delaware Park Casino & Raceway, Bally's Dover Casino Resort and Harrington Raceway & Casino. The Delaware Park Casino & Raceway and Harrington Raceway & Casino sites are accessible through the BetRivers multi-state app while Bally's Dover Casino Resort offers its own s ...

Rush Street Interactive, Inc. (RSI) reported impressive fourth-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate.  Also, both metrics increased on a year-over-year basis.Following the announcement, the company’s shares moved up 23.4% during the after-hours trading session on Mar 6.The company reported record revenues and adjusted EBITDA for the fourth quarter of 2023. Revenue growth in the year can be attributed to strong customer engagement and retention. Adjusted EBITDA ...

Rush Street Interactive, Inc. (NYSE:RSI) Q4 2023 Earnings Conference Call March 6, 2024 5:00 PM ET Company Participants Kyle Sauers - CFO Richard Schwartz - CEO Conference Call Participants Bernie McTernan - Needham & Company Josh Marin - Oppenheimer Jordan Bender - Citizens JMP Securities Chad Beynon - Macquarie Capital Ara Masias - Jefferies Ryan Sigdahl - Craig-Hallum Mike Hickey - The Benchmark Company Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to Rush Street Interactive ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023, OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______________ TO Commission File Number 001-39232 RUSH STREET INTERACTIVE, INC. (Exact name of registrant as specified in its charter) Delaware 84-3626708 (State or other jur ...

Revenue Performance - Q4 2023 revenue was $193.9 million, a 17% increase compared to $165.5 million in Q4 2022[5] - Full year 2023 revenue reached $691.2 million, up 17% from $592.2 million in 2022[5] - Revenue for Q4 2023 increased to $193.851 million, up 17.1% from $165.534 million in Q4 2022[24] - Full-year revenue for 2023 reached $691.161 million, a 16.7% increase from $592.212 million in 2022[24] - Latin America revenue increased over 50% for the full year 2023[5] Net Loss and Profitability - Q4 2023 net loss was $5.5 million, significantly improved from a net loss of $31.1 million in Q4 2022[5] - Full year 2023 net loss was $60.1 million, compared to a net loss of $134.3 million in 2022[5] - Net loss for Q4 2023 improved to $5.455 million, compared to a net loss of $31.059 million in Q4 2022[24] - Comprehensive loss attributable to Rush Street Interactive, Inc. for Q4 2023 was $1.140 million, improved from $9.604 million in Q4 2022[27] Adjusted EBITDA - Q4 2023 Adjusted EBITDA was $11.5 million, a $28.8 million improvement from an Adjusted EBITDA loss of $17.3 million in Q4 2022[5] - Adjusted EBITDA for Q4 2023 was $11.513 million, a significant improvement from a loss of $17.316 million in Q4 2022[29] User Metrics - Monthly Active Users (MAUs) in the U.S. and Canada were approximately 160,000, up 7% year-over-year, while MAUs in Latin America reached 204,000, up 33% year-over-year[5] - Average Revenue per Monthly Active User (ARPMAU) in the U.S. and Canada was $345, up 5% year-over-year, and $42 in Latin America, up 28% year-over-year[5] Financial Guidance - Full year 2024 revenue guidance is projected between $770 million and $830 million, representing 16% year-over-year growth at the midpoint[11] - Full year 2024 Adjusted EBITDA guidance is expected to be between $35 million and $45 million, reflecting over 390% year-over-year growth at the midpoint[11] Expenses and Compensation - Advertising and promotions expenses decreased to $35.125 million in Q4 2023, down 44.8% from $63.666 million in Q4 2022[24] - Share-based compensation expense for Q4 2023 was $7.425 million, up 9.4% from $6.790 million in Q4 2022[29] Adjusted Net Income and Earnings Per Share - Adjusted net income for Q4 2023 was $1.970 million, compared to an adjusted net loss of $24.269 million in Q4 2022[33] - Adjusted earnings per share for Q4 2023 was $0.01, compared to an adjusted loss per share of $0.11 in Q4 2022[33] Share Metrics - Weighted average common shares outstanding increased to 71.601 million in Q4 2023, up 11.4% from 64.273 million in Q4 2022[24]

Rush Street Interactive, Inc. (RSI) is scheduled to release fourth-quarter 2023 results on Mar 6, after market close.In the last reported quarter, the company’s earnings and revenues beat the Zacks Consensus Estimate by 50% and 3.8%, respectively. Also, both metrics improved on a year-over-year basis.The Trend in Estimate RevisionFor the quarter to be reported, the Zacks Consensus Estimate for loss per share has remained unchanged at 6 cents in the past 30 days. In the prior-year quarter, RSI reported a los ...

Your Backdoor Way to Play the AI BoomWant to know the best backdoor way to make lot of money through artificial intelligence?Uranium stocks.We’re in the middle of an explosive move in the uranium sector. Below, we look at Uranium Royalty Corp. (UROY). It’s a stock held in Luke Lango’s trading service AI Trader. As you can see, it’s up 43% since Monday of last week.Source: StockCharts.comThis is part of a broader 93% gain that began last April.But as just noted, this move isn’t limited to UROY. The entire u ...