Rush Street Interactive a leading online casino and sports betting company in the United States and the rest of the Americas, today announced financial results for the first quarter ended March 31, 2025.

Revenue was $262.4 million during the first quarter of 2025, an increase of 21%, compared to $217.4 million during the first quarter of 2024.

Net income was $11.2 million during the first quarter of 2025, compared to a net loss of $2.2 million during the first quarter of 2024. Adjusted EBITDA was $33.2 million during the first quarter of 2025, an increase of 95%, compared to $17.1 million during the first quarter of 2024.

Monthly Active Users (“MAU”) in the United States and Canada were approximately 203,000, up 17% year-over-year. MAUs in Latin America (which includes Mexico) were approximately 354,000, up 61% year-over-year. Average Revenue per Monthly Active User (“ARPMAU”) in the United States and Canada was $368 during the first quarter of 2025, up 3% year-over-year. ARPMAU in Latin America was $36, compared to $44 last year.

Richard Schwartz, Chief Executive Officer of RSI, said, “We have started 2025 with strong momentum, building on our success from recent years. Our first quarter revenue increased by 21% year-over-year to $262 million, and our Adjusted EBITDA reached a record $33 million, nearly double that of Q1 2024. 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, is reflected in our execution and performance and is the foundation of the optimism we have for sustaining our momentum going forward.”