Rush Street Interactive Boosts Revenue in Third Quarter

Rush Street Interactive announced its third-quarter 2026 results on October 28. The company's revenue reached $385.9 million, compared with $277.9 million in the same period a year earlier. Adjusted EBITDA was $62.2 million, and net income was $28.7 million.

The company kept its full-year expectations unchanged. Accordingly, 2026 revenue is expected to be between $1.56 and $1.60 billion, and adjusted EBITDA between $245 and $265 million.

Monthly active users rose 42% to 907,881. Of these users, 607,308 are in Latin America and Mexico, and 300,572 are in North America. However, the gap in revenue per user is large. In North America it is $309 per month, compared with $58 per month in Latin America. By calculation, about 72% of revenue comes from North America and about 27% from Latin America.

Online sports betting revenue rose 70%, while online casino revenue rose 32%. The company launched online casino and sports betting in Alberta. The number of first-time depositors and daily active users there, relative to population, is more than double the figures from the Ontario launch. Management sees growth as gradual.

Online casino gross gaming revenue in Delaware was $46.8 million for the quarter. At the end of September, free cash flow reached $381.9 million, which is $42 million more than in the second quarter. During the period, $14 million in share repurchases were made.