Company grows iCasino, online sports betting businesses by over 35% year-over-year.
Rush Street Interactive, the online casino and sports betting company, increased first quarter revenue 34% year-over-year driven by strong growth in both iCasino and online sports betting products.
“This was accomplished by growing both our iCasino and online sports businesses by over 35% year-over-year,” Schwartz continued, “in large part by acquiring new players more efficiently while simultaneously increasing the number and value of our users.” RSI’s three largest online casino markets in North America each achieved the highest year-over-year revenue growth rates in the last two years
Delaware is one of the newest markets for RSI, where the company grew annualized run-rate gross gaming revenue to $70 million, which is four times greater than the prior year’s results.Some of RSI’s biggest gains came from its Latin American markets. Overall revenue soared 84% year-over-year, setting a new quarterly record for the region.
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