Online casino and sports betting company Rush Street Interactive  RSI reported Q2 results topping the market’s revenue expectations, with sales up 46.3% year on year to $393.8 million.

The company’s full-year revenue guidance of $1.58 billion at the midpoint came in 3.4% above analysts’ estimates. Its non-GAAP profit of $0.15 per share was in line with analysts’ consensus estimates.

Online casino revenue climbing 40% year-over-year and online sports betting revenue surging 64%. The company added a record number of first-time depositors for the fourth consecutive quarter, while North American monthly active users in online casino markets grew 64% year-over-year. In Latin America, the company posted particularly strong results with MAUs increasing 62% year-over-year.

Management raised full-year 2026 revenue guidance to $1.56 billion to $1.60 billion, implying 39% growth at the midpoint, and lifted Adjusted EBITDA guidance to $245 million to $265 million, representing 66% growth at the midpoint.

he company ended the quarter with $340 million in unrestricted cash, up $9 million from the first quarter despite executing $29 million in share repurchases.

Richard Schwartz, Chief Executive Officer of RSI, said, “We delivered another record quarter, setting all-time highs once again for revenue and Adjusted EBITDA, driven by continued share gains in online casino and our sports betting markets benefiting from the World Cup.”