Rush Street Interactive reported its best annual results after concluding 2025 with record-breaking revenue, increasing profits, and expanding its online casino customer base across the Americas.
RSI Revenue Tops $1.1B as Earnings Accelerate in 2025
The online gaming company achieved about $1.13 billion in revenue for the year, marking a rise of over 20% compared to 2024. Profits grew even more rapidly, with adjusted earnings increasing and net income rising tenfold year-over-year. The company ended the year with a strong cash position and no debt, highlighting a more efficient business operation.
The momentum continued into the fourth quarter. Revenue approached $325 million for the October-December period, the highest quarterly total reported. Earnings and net profit also increased compared to the same period last year. Company leaders attributed this success to improved marketing, new product offerings, customer satisfaction, and a steady growth in player numbers.
CEO Richard Schwartz emphasized that these achievements were due to continuous enhancements rather than one-time achievements. He noted that significant upgrades to technology, reward programs, and user engagement have strengthened the brand, attracting more customers in various markets.
RSI Bets on User Growth and New Markets to Drive Future Gains
User growth remained crucial, with monthly active users in the US and Canada increasing by over a third, and Latin America experiencing even faster growth with a 50% rise in user engagement. Strong North American online casino activity aligned with the company’s long-term strategy centered on casino products.
Despite a rise in players, revenue per user decreased in some areas. This decline was attributed to promotional efforts and regulatory changes in Colombia, where tax adjustments led to increased bonus spending. Although this impacted profits, the company remained confident in the market’s underlying growth and expanded market share.
Looking forward, the operator anticipates further growth in 2026, projecting revenue between $1.38 billion and $1.43 billion and significant earnings growth. This forecast assumes stable tax conditions and excludes revenue from new regions.
A potential catalyst could be a launch in Alberta, Canada, which might occur later in the year if regulatory changes proceed as expected. The company also monitors emerging betting types like prediction markets but does not prioritize them currently.
With rising customer numbers and increasing profits, leaders believe the company enters the new year with considerable momentum. They see growth opportunities in regulated online gaming markets.
- SCCG Management. The Gambling Industry’s Global Connector. Access Here.
- Source: SCCGManagement.com