RSI News & Events

The New Jersey Division of Gaming Enforcement announced April gaming revenue results. Total gaming revenue for casinos, racetracks, and their partners was $600.8M for April reflecting 12% growth when compared to $536.6M reported for April 2025. Year-to-date total gaming revenue was $2.3B through April, reflecting 8.6% growth when compared to $2.12B reported for the prior year-to-date period. Total gross revenue taxes were $86.1M for April and $332.1M for year-to-date through April. Casino win for the nine casino hotels was $235.6M for April, reflecting an increase of 11.7% when compared to $211M reported for April 2025. Internet gaming win for the casinos and their partners was $263.1M for April, reflecting growth of 11.9% when compared to $235.2M reported for April 2025. Sports wagering gross revenue for the casinos, racetracks, and their partners was $102.1M for April, reflecting an increase of 12.8% when compared to $90.5M reported for April 2025. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).

The deal range was $25.25-$26.75. Wells Fargo and Morgan Stanley acted as joint book running managers for the offering.

Rush Street Interactive announced the commencement of an underwritten secondary public offering of its Class A common stock by one or more trusts beneficially owned by Neil Bluhm, RSI's executive chairman, Richard Schwartz, RSI's CEO, and Mattias Stetz, RSI's COO. The selling stockholders are offering 10M shares of RSI's Class A common stock pursuant to a registration statement on Form S-3 filed with the SEC. RSI is not offering any shares of Class A common stock in this offering and will not receive any proceeds from the sale of shares by the selling stockholders, but will bear the costs associated with the sale of such shares, other than any underwriting discounts and commissions. Wells Fargo Securities and Morgan Stanley are acting as joint book-running managers and representatives of the underwriters for the proposed offering.

Nevada Gaming Control Board reports March Las Vegas Strip gaming win up 14.43% vs. last year to $779.98M. Publicly traded companies in the space gambling include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).