Rush Street Interactive revenue leaps 57% in third quarter

Chicago-based operator’s stock tumbles 5% on Nasdaq as adjusted EBITDA losses mushroom to $12.2m

Rush Street Interactive (RSI) has announced a 57% year-on-year (YoY) increase in Q3 revenue to $122.9m, up from $78.2m during the corresponding period last year. The sports betting and casino operator, which launched in Arizona during the reporting period, revealed that adjusted EBITDA losses amounted to $12.2m, compared with a loss of $1m in Q3…

Finance | Q3 2021 | Revenue | Richard Schwartz | Rush Street Interactive