Builds on Rush Street Interactive’s Deep & Hometown Roots in New York
Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online sports betting and casino company in the United States, today announced that it has been approved by the New York State Gaming Commission to commence mobile sports wagering operations in New York beginning this Saturday, January 8, 2022, at 9:00am ET. Upon launch, players across the state aged 21 and over can deposit funds and place bets at the award-winning BetRivers sportsbook on all mobile devices, tablets, desktop and laptop computers.
Richard Schwartz, Chief Executive Officer of RSI, said, “The long-awaited launch of online and mobile sports betting in New York – the largest online sports betting market by population in the United States – is here, and just in time. With the college football championship game on January 10th and NFL playoffs approaching, and the NBA and NHL seasons in full swing, in addition to countless other sports and betting options available for play, fans have endless entertainment at their fingertips at BetRivers.”
The BetRivers sportsbook features thousands of betting options on all major professional and collegiate leagues, games, and players, including spreads, moneylines, props, futures, same game parlays, and more. The website and app offer integrated betting content and live streaming on a wide variety of sports, numerous deposit and withdrawal methods, automated pay-out approvals for over 80% of requests, and unique bonusing and rewards programs – including the industry’s fastest conversion of bonuses to cash. RSI’s sportsbook app was rated in the top 3 out of 35 mobile sportsbook apps in the United States market last quarter by independent gaming research firm Eilers & Krejcik.
Mr. Schwartz added, “Simply put, we focus on the player, so the player can focus on the game. This means delivering an innovative yet simple website and app experience, more and quicker ways to deposit and withdraw funds, all supported by best-in-class customer service that works hard every day to earn and retain player trust. We encourage New Yorkers to see for themselves why RSI and BetRivers have received numerous recognitions from the industry for the quality of our product and player experience.”
RSI has deep roots in New York and the broader tri-state region and is one of only three companies with online gaming market access in New York, New Jersey, and Connecticut. In New York, RSI oversees the sports betting operations at the Rivers Casino & Resort Schenectady, which was the first retail sportsbook in New York history to accept a legalized sports bet and has been the leading commercial sportsbook in the state by revenue since its launch in 2019. RSI also operates real-money gaming in the neighboring state of Pennsylvania, as well as in Illinois, Indiana, and Colorado, where it was the first company to launch legal online sportsbooks in each state.
Mr. Schwartz concluded, “We are grateful for the trust of the New York State Gaming Commission and for its professional and efficient support while we worked diligently to satisfy all launch requirements. RSI is thrilled to build on our heritage as the operator of New York's first and most successful retail sports betting destination by launching online sports betting in the Empire State on the first day it is available.”
About Rush Street Interactive
Rush Street Interactive is a trusted online gaming and sports entertainment company focused on regulated markets in the United States and Latin America. Through its brands, BetRivers.com and PlaySugarHouse.com, RSI was an early entrant in many regulated jurisdictions and is currently live with real-money mobile, online and/or retail operations in twelve U.S. states: Pennsylvania, Illinois, New Jersey, New York, Connecticut, Michigan, Indiana, Virginia, Colorado, Iowa, West Virginia and Arizona. RSI is also active internationally, having been recognized as Sportsbook Operator of the Year at the SBC Latinoamérica Awards 2021, where it offers its online casino and sportsbook in the regulated gaming market of Colombia on RushBet.co. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the 2020 Global Gaming Awards Digital Operator of the Year and the 2021 EGR North America Awards Casino Operator of the Year, Customer Services Operator of the Year and Social Gaming Operator of the Year. RSI is committed to industry-leading responsible gaming practices and seeks to provide its customers with the resources and services they need to play responsibly. For more information, visit www.rushstreetinteractive.com.
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. RSI's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, RSI's expectations about its launch of its online and mobile sports betting in the State of New York, including the anticipated timing of launch, and the belief that RSI will be the first to launch online and mobile sports betting in the State of New York. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside RSI's control and are difficult to predict. Factors that may cause such differences include, without limitation, changes in applicable laws or regulations, unanticipated product or service delays, and other risks and uncertainties indicated from time to time in RSI's most recent Annual Report on Form 10-K, including those under "Risk Factors" therein, and in RSI's other filings with the SEC. RSI cautions that the foregoing list of factors is not exclusive. RSI cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. RSI does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.