Rush Street Interactive has announced an impressive first-quarter revenue achievement of $370.4 million, reflecting a remarkable 41% year-over-year increase. Additionally, the company reported a record adjusted EBITDA of $60.2 million, indicating an 81% rise, prompting them to enhance their full-year 2026 forecast due to robust player engagement in its online casino sectors.
Headquartered in Chicago, this online casino and sports betting enterprise achieved a historic net income of $26.2 million, soaring 134% from $11.2 million in the previous year. Earnings per share were reported at 14 cents, surpassing Wall Street expectations by two cents, while revenues outperformed consensus forecasts by an impressive $39.57 million.
The company’s shares, traded on the New York Stock Exchange under the ticker RSI, experienced a nearly 20% surge in after-hours trading following the announcement. Prior to this increase, RSI shares had climbed 96.08% over the past year.
RSI has raised its full-year 2026 revenue expectations to a projected range of $1.49 billion to $1.54 billion, reflecting anticipated year-over-year growth of 31% to 36%. The adjusted EBITDA is now expected to fall between $230 million and $250 million, signaling potential growth of 50% to 63%
This revised forecast considers only the markets where RSI currently operates, alongside the anticipated launch of iGaming in Alberta, Canada, scheduled for July 2026. Furthermore, it takes into account market maturity and competitive dynamics, presuming that RSI’s existing markets will maintain similar tax frameworks, including Colombia’s temporary emergency tax of 16%.
Monthly active users reached approximately 839,000 in the first quarter, representing a 51% increase compared to the same period in 2025. North America accounted for around 296,000 monthly active users, marking a 46% rise year-over-year, primarily driven by a 62% growth in online casino markets. In Latin America, including Mexico, the number of monthly active users was about 543,000, reflecting a 54% increase.
The average revenue per monthly active user was reported at $317 for the U.S. and Canada, while in Latin America, it stood at $54. RSI also noted adjusted sales and marketing expenses totaling $46.2 million, which accounts for 12.5% of revenue.
Richard Schwartz, Chief Executive Officer of RSI, expressed, “We are thrilled to announce another exceptional quarter, achieving new records in revenue, net income, and adjusted EBITDA.”
Schwartz highlighted that RSI experienced accelerated player growth sequentially across the last four quarters, supported by heightened activity levels in the North American online casino markets and an increase in first-time depositors during the quarter.
“The ongoing ramp-up in revenue and player expansion is particularly promising,” he stated. “Our North American online casino markets experienced an impressive 62% growth, exceeding the 51% increase observed in the fourth quarter of 2025.”
He added that the company sustained disciplined marketing expenses throughout the quarter, with enhancements in acquisition, retention, and overall player experience fueling ongoing growth.