Revenue grew by more than 100% year-over-year in Latin America and North American markets launched after 2020.Īs of March 31, 2023, RSI had $147 million of unrestricted cash and cash equivalents.ġ This is a non-GAAP financial measure. Net loss was $24.5 million during the first quarter of 2023, compared to a net loss of $52.3 million during the first quarter of 2022.Īdjusted EBITDA 1 loss was $8.7 million during the first quarter of 2023, compared to an Adjusted EBITDA loss of $43.4 million during the first quarter of 2022.Īdjusted advertising and promotions expense 1 was $49.4 million during the first quarter of 2023, compared to $66.3 million during the first quarter of 2022.Īverage revenue per Monthly Active User (“ARPMAU”) in the United States and Canada was $325 during the first quarter of 2023, up 23% year-over-year. Revenue was $162.4 million during the first quarter of 2023, an increase of 20%, compared to $134.9 million during the first quarter of 2022. (NYSE: RSI) (“RSI”), 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, 2023. First Quarter Revenue of $162.4 Million, up 20% Year-over-Year -ĬHICAGO, (GLOBE NEWSWIRE) - Rush Street Interactive, Inc.
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