Rush Street Interactive earnings, profit grow in first quarter

Source: Rush Street Interactive

Double-digit increases in revenue, profit and cash flow were posted by Rush Street Interactive late on April 30.

Revenue grew 21%, hitting US$262.4 million while red ink of US$2.2 million in the first quarter of 2024 was reversed to profit of US$11.2 million in 2025’s initial trimester.

Cash flow leapt 95% to US$33.2 million. Marketing expenses edged up 3%, reaching US$38.8 million.

Rush Street recorded 203,000 active monthly users, up 17%, in North America. Latin American users were up even more – 61% – to 354,000.

Average revenue per player was US$368, a 3% increase. The figure for Latin America declined from US$44 per customer to US$36.

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The company also repurchased $5.2 million worth of Rush Street stock, which closed trading at US$12.13 per share.

“We have started 2025 with strong momentum, building on our success from recent years,” said Chief Executive Richard Schwartz in a prepared statement. “These strong results are driven by our commitment to innovation and enhancing the quality of our player experience, alongside efficient acquisition and retention of high-value players. 

“The consistency and durability of our business, particularly in online casino,” Schwartz continued, “is reflected in our execution and performance and is the foundation of the optimism we have for sustaining our momentum going forward.”

Rush Street hewed to previous earnings guidance, projecting revenue of US$1 billion to just under US$1.1 billion for the year. That would represent 13% growth.

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