Most gambling companies have already released their Q4 earnings, and iGB has studied the performance and future strategies of operators in the region.Brazil launched its regulated online gambling market on January 1, with some listed international giants obtaining comprehensive licenses alongside l
EveryMatrix set a record financial performance in 2024, reporting an annual net revenue of 181 million euros (186 million USD), a 59% increase year-over-year, with an EBITDA of 101 million euros, up by 70%. According to reports, this performance was driven by growth in sports betting and casin
Growth sectorsOn January 19 Jefferies analyst David Katz wrotehe is “reiterating our bullish stance on DraftKings, Rush Street Interactive, Sportradar, and Gambling.com. We believe that growth in the sector continues with Missouri going live, new states Minnesota/Texas/Georgia/South Carolina/Oklahom
EveryMatrix will provide customers of both brands in West Virginia with games from its in-house studios.Press release.- BetMGM and Rush Street Interactive (RSI) launched exclusive casino content from EveryMatrix in West Virginia, further expanding the company's regulated technology and game provider
EveryMatrix will provide customers of the BetMGM and Rush Street Interactive (RSI) brands in the 'Mountain State' with games from its in-house studios. This includes Armadillo Studios and, by the end of this year, from the newly acquired Fantasma Games through integration with SlotMatrix, its propri
RubyPlay, an innovative B2B iGaming development studio, has signed a historic partnership with Rush Street Interactive, Inc., a leading online casino and sports betting company in the USA that operates the BetRivers brand. The agreement will bring its content to BetRivers in New Jersey, marking the
Professional poker player Phil Hellmuth, the record-holder for most World Series of Poker tournament wins, is joining BetRivers as a brand and content partner delivering a variety of player experiences and entertainment across Rush Street Interactive’s casino, sportsbook and poker verticals and thro
Wazdan has announced that it has successfully obtained a license from the Danish Gambling Authority, Spillemyndigheden, marking another milestone in the company's ongoing international expansion efforts.With the Danish license, Wazdan can now offer its portfolio of games to Danish operators, bringin
Rush Street Interactive Friday announced that it has elected Thomas Winter to its board of directors, returning the number of members to nine.Wilson’s election was effective December 16, 2024.“We are thrilled to welcome Thomas to our board,” said Rush Street CEO Richard Schwartz in a statement. “His
Delaware’s three online casino platforms generated $6.2 million in revenues in November, a 465.2 percent increase from the previous year, but revenue slid 7.9 percent from the $6.7 million generated in October.The November 2024 revenue figure is the second highest collected in state history, only tr
For years, the gaming industry has been waiting for Brazil, the 'sleeping giant', to finally open its doors as a regulated market. This is about to become a reality on January 1st, and with most of the gaming industry having published their third-quarter results, iGaming Business (iGB) examines how
Rush Street Interactive (RSI) has announced revenue of $232.1 million for the third quarter of 2024, marking a significant 37% increase compared to the same period last year. Buoyed by the standout performance, the company has raised its full-year guidance to be between $900 million to $920 million,
In partnership with poker star Phil Galfond, Rush Street Interactive has launched its proprietary online BetRivers Poker platform. Not just an ambassador, Phil Galfond was a partner throughout the design and development of the platform. "As poker players, we designed this platform from the ground
BetRivers has unveiled PropPacks, a new digital game inspired by the experience of buying a pack of player cards to see which professional athletes are inside. Announced by Bet Rivers' parent Rush Street Interactive(RSI) on Monday, the new game comes in time for the new NBA season and seeks to appea
Rush Street Interactive (RSI) has upgraded its guidance for FY24 after setting quarterly revenue and adjusted EBITDA records. CEO Richard Schwartz labelled the company’s performance as “exceptional” after a 37 per cent year-on-year revenue rise to US$232m. Adjusted EBITDA of $23.4m rose from $4.1
Revenue for Rush Street Interactive spiked 37 percent during the third quarter, reaching $232.1 million. The company also posted a profit of $3.2 million, reversing a prior-year loss of $13.4 million.Cash flow more than quintupled, achieving $23.4 million. However, advertising and promotions were up
