Record Quarter Across All Key Metrics
Rush Street Interactive reported record highs in revenue, profitability, EBITDA margins, and active player counts. Adjusted EBITDA grew 88% year-over-year, and revenue was up 22% compared to the previous year.
Strong Online Casino and Sports Betting Growth
Online casino revenue grew 25% during the quarter, and online sports betting grew 15% compared to the same period last year.
Exceptional Growth in North America and Latin America
MAUs in North America grew over 30%, and in Latin America, they exceeded 40% year-over-year. Michigan grew 42% year-over-year, West Virginia 47%, and Delaware 74%. In Canada, Ontario grew 25%, and in Latin America, Colombia's GGR was up over 70%.
Expansion Plans and New Launches
Plans to expand into Alberta and the recent launch of multistate poker with shared player pooling across markets are notable achievements.
Raised Full-Year Revenue and EBITDA Guidance
Rush Street Interactive raised its full-year revenue guidance to $1.05 billion to $1.1 billion and adjusted EBITDA guidance to $133 million to $147 million, representing a 51% year-over-year increase.