Rush Street Interactive

Company ownership, leadership team and performance verified by reference to RSI’s 2025 Form 10-K, Q3 2026 Form 10-Q, 2026 Proxy Statement and 8-K Filings. Licensing details verified against licensing authorities’ public information in PA, MI, NJ, ON and CO as at 13/11/2026. Notable events sourced from regulatory orders and decisions, and company/press releases and media articles.

RSI is an operator of real-money online casinos, online & land-based sportsbooks, and online poker. It also has a free-to-play ‘social casino’ product. RSI began offering social casino in 2015, and commenced accepting real-money online bets in 2016 via PlaySugarHouse.com in New Jersey. Where RSI operates sports betting shops within licensed casino properties, these are usually badged under the property’s/land-based licensee’s brand name.

US jurisdictions in which it has a presence (as at Sept 2026): AZ, CO, DE, IL, IN, IA, LA, MD, MI, NJ, NY, OH, PA, VA, WA and WV. RSI generated revenues of USD1,134.4m for 2025 (+23% YoY), and net profits of USD74.0m (2024: USD7.2m). For the 9ME 2026, it has recorded revenues of USD1,150.0m and net profits of USD84.2m.

The listed entity, Rush Street Interactive, Inc. (NYSE: RSI), was incorporated in Delaware in 2019, having emerged from the SPAC dMY Technology Group, Inc. It acquired Rush Street Interactive, LP in December 2020 and assumed the name. Various corporate entities are in place to hold licenses and operate in each market, e.g. Rush Street Interactive PA LLC (PA), Rush Street Interactive MI LLC (MI), Rush Street Interactive NJ LLC (NJ), Rush Street Interactive Colombia SAS (CO). RSI licenses some brand names from Rush Street Gaming LLC, an owner/operator of various land-based casinos (e.g. Rivers Casino, SugarHouse).

Neil Bluhm was appointed Chair following the dMY/Rush merger in December 2020, becoming Executive Chairman in April 2021 and was shown to have 47.5% control (voting interest) at 20 April 2026. RSI co-founder Richard Schwartz stepped into the role of CEO on 12 August 2021, taking over from Greg Carlin. Kyle Sauers is Finance Director/CFO (from Oct 2020), and became President from October 2025. Certain share trusts related to initial investors divested 11.5m Class A ordinary shares at USD26/share in May 2026, of which approx. 1.15m was repurchased by RSI.

RSI’s Pennsylvania subsidiary Rush Street Interactive PA LLC is licensed to offer interactive gaming under Rivers Casino Philadelphia’s interactive gaming certificate, offering PlaySugarHouse since July 2019; the BetRivers online casino since Jan 2020; and online poker from Sept 2024. It is identified on the MGCB’s public database as platform provider for Little River Band of Ottawa Indians (MI) and has offered services in Michigan from the market launch in January 2021. In New Jersey, www.nj.betrivers.com is licensed to operate online under Golden Nugget AC’s IGL; and Rush Street Interactive NJ LLC is a license holder for a Casino Service Industry Enterprise Licence.

It began offering online gambling in Ontario on its opening date of 4 April 2022, and is currently the only RSI-operated brand available there (BetRivers). It began operating in Alberta on 13 July 2026. Its Colombian entity Rush Street Interactive Colombia SAS is licensed by Coljuegos (contract #1972, first licence June 2018) to provide online gambling via rushbet.co. RushBet expanded into Mexico from July 2022 with a 25yr agreement with Grupo Multimedios, and launched in Peru on 29 July 2024 with MINCETUR.

The principal brand used by RSI in the US/Canada is BetRivers, which uses the trademarks granted by affiliate Rush Street Gaming LLC. Its sportsbook has operated since 27 June 2019 with Rivers Casino Pittsburgh. PlaySugarHouse launched in 2016 under the SugarHouse name in NJ (and remains active in PA), while RushBet has been used as a brand in LatAm since 2018. BetRivers Poker commenced operations in PA in Sept 2024 and expanded to DE, MI and WV in June 2025.

Partners/clients include land-based casino operators such as the Rivers Casino brand, Golden Nugget AC, Little River Band of Ottawa Indians (Michigan) and French Lick (IN). Its client in Mexico is Grupo Multimedios. RSI is directly concessioned/licensed in Colombia, and in ON and AB (with the provincial regulators/agencies). In Pennsylvania and New Jersey, Kambi appears on public records alongside RSI as a sportsbook technology provider, and received similar enforcement action from the NJDGE in respect of certain wagers accepted.

Settlement with IGC for USD54,000, approved 26 Sept 2024 (with Rush Street Interactive IN LLC d/b/a BetRivers) relating to wagers from players/prohibited participants that were excluded but not removed from systems by RSI. French Lick’s excluded individuals file failed to be actioned by RSI during January 2024 and thus customers remained permitted to play who should have been barred. Settled previously with the IGC (approved settlements 2020 and 2021).

The NJDGE imposed a USD30,000 settlement/fine on Rush Street Interactive NJ LLC for allowing persons under the age of 21 to play online (order published January 2019). It further fined USD10,000 (alongside its supplier Kambi, for a matching amount) in Dec 2024 for accepting online wagers on certain sporting events that had commenced/concluded prior to betting being permitted. It also levied minor fines of between USD1k-5k against RSI in 2021, 2023 and 2025.

RSI discloses that it is not currently involved in any significant legal actions in its 10-Q. PGCB issued RSI’s affiliate Rush Street Gaming LLC (operator of Rivers Casino Philadelphia) with a fine of USD13.8k (order, Jan 2025), and is subject to litigation relating to the security breach experienced at the property. In June 2026, RSI petitioned the CFTC to act as a Designated Contract Market for prediction markets.