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Rush Street Interactive reported record first-quarter revenue of $370.4 million, up 41% year over year, and record adjusted EBITDA of $60.2 million, up 81%, leading it to raise its full-year 2026 guidance on stronger player growth across its online casino markets.
The Chicago-based online casino and sports betting operator also posted record net income of $26.2 million, up 134% from $11.2 million a year earlier. Earnings per share came in at 14 cents, beating Wall Street estimates by two cents, while revenue exceeded consensus forecasts by $39.57 million.
Shares of the company, listed on the New York Stock Exchange under the ticker RSI, rose nearly 20% in after-hours trading following the results. Before the after-hours move, RSI shares had risen 96.08% over the previous 12 months.
RSI raised its full-year 2026 revenue outlook to a range of $1.49 billion to $1.54 billion, representing year-over-year growth of 31% to 36%. Adjusted EBITDA is now expected to be between $230 million and $250 million, implying growth of 50% to 63%.
The revised outlook is based only on markets where it currently operates, along with the expected July 2026 launch of iGaming in Alberta, Canada. The forecast also factors in market maturity and competitive conditions, while assuming that RSI’s existing markets continue under similar tax structures, including Colombia’s temporary emergency 16% tax decree.
Monthly active users totaled approximately 839,000 in the first quarter, up 51% from the same period in 2025. North American monthly active users were approximately 296,000, up 46% year over year, driven by 62% growth in online casino markets. In Latin America, including Mexico, monthly active users were approximately 543,000, up 54%.
Average revenue per monthly active user was $317 in the United States and Canada and $54 in Latin America. RSI also reported adjusted sales and marketing expenses of $46.2 million, equal to 12.5% of revenue.
Richard Schwartz, Chief Executive Officer of RSI, said: “We are pleased to report another strong quarter of results, setting new records once again for revenue, net income and adjusted EBITDA.”
Schwartz said RSI had recorded accelerating year-over-year player growth in each of the past four quarters, supported by stronger activity in North American online casino markets and record first-time depositors during the quarter.
“The continued acceleration we’ve seen in revenue and player growth is particularly exciting,” he said. “In our North American online casino markets, MAUs grew an impressive 62%, surpassing the 51% growth we achieved in the fourth quarter of 2025.”
He added that the company maintained disciplined marketing spend during the quarter, while improvements across acquisition, retention, and the player experience supported continued growth.