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Gambling News - 'Rush street interactive'
Business
August 27, 2024
RSI Upgrades Its iRush Rewards Loyalty Program
Rush Street Interactive, a leading US-based betting and gaming company, has unveiled improvements to its iRush Rewards Loyalty Program. According to the company, the revamped program will boast a number of customer-centric changes. RSI Enhanced Its Loyalty Program According to RSI’s official announcement, the improvements will make it easier for players to redeem rewards, maintain […]
Business
August 5, 2024
Rush Street Interactive Promised It Will Not Surcharge Customers
Rush Street Interactive (RSI), a leading online casino and sports betting operator, has made an important announcement to its customers. Unlike some of its competitors, RSI emphasized that it has no plans to implement a customer surcharge. RSI Will Prioritize the Player Experience In its official announcement, RSI said that it will not surcharge customers, […]
Business
August 1, 2024
Phil Hellmuth Divests RSI Shares Amid Affiliate Program Controversy
Phil Hellmuth, a celebrated figure in the poker world, recently announced that he has sold his entire stake in Rush Street Interactive (RSI). This decision comes on the heels of the company’s controversial move to discontinue its affiliate program across multiple states, a move that has stirred discontent within the gaming community. Phil Hellmuth Sells […]
Business
August 1, 2024
RSI Posts Strong Q2 Results Thanks to Operational Efficiencies
Leading iGaming and sports betting operator Rush Street Interactive (RSI) has published its financial results for the second quarter of 2024 (Q2). In its report, the company highlighted a strong position as revenue skyrocketed and net loss decreased. RSI Posted Favorable Metrics RSI’s Q2 2024 report outlined record-breaking revenue of $220.4 million, up 34% from […]
Business
July 15, 2024
Rush Street Interactive Sale May Be Imminent, Suggests Report
Earlier this year, rumors emerged about the potential sale of Rush Street Interactive (RSI), the leading betting and gaming operator with a presence across the United States and owner of the popular brand BetRivers. Although the rumors emerged in March, details are scarce with only DraftKings being named as a potential buyer of RSI. Despite […]
Sports
July 11, 2024
FanDuel Fined for Accepting Bets on Pre-Recorded PFL Fights
FanDuel has been fined $2,000 by New Jersey gambling regulators after taking bets on pre-recorded fights. They were also forced to pay out more than $230,000 in winnings. The incident occurred on April 1 this year when the company accepted wagers on Professional Fighters League (PFL) matches that had taken place a week earlier on […]
Casino
July 4, 2024
BetRivers launches Evolution casino live dealer games in Delaware
Since striking a partnership with the Delaware Lottery in 2023, BetRivers has been able to grow its offer locally, drive revenue, and make its product known and available to players with a soft spot for betting and gaming. BetRivers strengthens iGaming offer in Delaware Now, BetRivers is bringing even more worthwhile products to its shopping […]
Industry
June 18, 2024
JMP: DraftKings Cannibalized Fanatics’ Market Share in May
Equity research specialist JMP Securities has published its US sports betting report for May, outlining slight market changes. According to the firm, DraftKings’ market share soared that month, although the company was still unable to surpass FanDuel. As data from Indiana, Iowa, Maine, Maryland, New Jersey, New York and Kansas shows, operators recorded a 72% […]
Business
June 14, 2024
AGLC to Buy 150 Valor Terminals From Inspired Entertainment
NASDAQ-listed business-to-business supplier of gaming content, technology, services, and hardware, Inspired Entertainment, has announced a fresh partnership with Alberta’s governmental agency responsible for overseeing casino gaming, Alberta Gaming, Liquor, and Cannabis (AGLC). The announcement comes half a year after the start of what proved to be a successful trial period, as a result of which […]
Business
June 12, 2024
FanDuel and DraftKings Retain Dominance, Oust Competitors
Since the repeal of PASPA six years ago, sports betting expanded across the United States. This expansion helped create a healthy and competitive market. Although there are plenty of licensed operators, the unquestionable leaders remain FanDuel and DraftKings. The duo, cumulatively held a 73% handle share in April, according to Truist’s expert analyst Barry Jonas, […]