Rush Street Interactive, Inc. ( (RSI) ) has released its Q1 earnings. Here is a breakdown of the information Rush Street Interactive, Inc. presented to its investors.
Rush Street Interactive, Inc. (RSI) is a leading online casino and sports betting company operating in the United States and other parts of the Americas, known for its popular brands such as BetRivers and PlaySugarHouse.
In its first quarter of 2025 earnings report, RSI announced a significant increase in revenue and profitability, demonstrating strong growth and operational efficiency. The company also reiterated its full-year guidance, indicating confidence in its future performance.
RSI reported a 21% year-over-year increase in revenue, reaching $262.4 million for the first quarter of 2025. The company achieved a net income of $11.2 million, a notable improvement from the net loss of $2.2 million in the same period last year. Adjusted EBITDA also saw a remarkable 95% increase, reaching $33.2 million. The number of Monthly Active Users (MAUs) in the U.S. and Canada grew by 17%, while Latin America saw a 61% increase in MAUs.
The company has maintained its full-year 2025 revenue guidance of between $1,010 million and $1,080 million, representing a 13% growth at the midpoint compared to 2024. RSI also expects its Adjusted EBITDA for the full year to be between $115 million and $135 million, reflecting a 35% growth at the midpoint.
Looking ahead, RSI’s management remains optimistic about sustaining its growth momentum, driven by innovation and a focus on enhancing player experience. The company’s strategic initiatives and market presence position it well for continued success in the online gaming and sports betting industry.