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 fourth quarter and full year ended December 31, 2025.

Revenue was $324.9 million during the fourth quarter of 2025, a new quarterly record and an increase of 28%, compared to $254.2 million during the fourth quarter of 2024.

Net income was $19.1 million during the fourth quarter of 2025, compared to $6.5 million during the fourth quarter of 2024. Adjusted EBITDA was $44.1 million during the fourth quarter of 2025, a new quarterly record and an increase of 44% compared to $30.6 million during the fourth quarter of 2024.

Adjusted sales and marketing expense was $45.4 million during the fourth quarter of 2025, representing 14% of Revenue.

Total Monthly Active Users (“MAU”) in the United States and Canada were over 278,000, up 37% year-over-year, and up 51% year-over-year in online casino. MAUs in Latin America (which includes Mexico) were over 493,000, up 47% year-over-year.

Revenue for full year 2025 was $1,134 million, exceeding the high end of guidance, and reflecting an increase of 23%, compared to $924 million during full year 2024.

Richard Schwartz, Chief Executive Officer of RSI, said, “We are thrilled to report an extraordinary 2025, delivering record-breaking performance across virtually every key metric. This exceptional performance reflects broad-based strength across all geographies and product verticals, as well as significant growth in our player base. During the fourth quarter, our monthly active users in North American online casino markets grew at the second fastest rate in four and a half years, which again drove outstanding growth in revenues. In addition, quarterly and annual results in Latin America demonstrated remarkable strength and resilience through regulatory headwinds. This broad-based growth drove record profits and demonstrates the powerful operating leverage that we’ve built within our business model.

“What makes our 2025 results particularly compelling is that they stem from systematic improvements we’ve made across nearly every aspect of our business – from customer acquisition and retention strategies to technological innovation and operational excellence. Our continued focus on providing a player-first experience has allowed us to grow and differentiate our brand.

“Looking ahead to 2026, we have tremendous confidence in our growth trajectory and our ability to continue executing on our strategy. We remain committed to delivering exceptional player experiences while creating long-term value for our shareholders and are confident in our ability to sustain this momentum.”