Rush Street Interactive has raised its full-year revenue and adjusted EBITDA guidance for the second consecutive quarter following another record-breaking financial performance.
The company reported Q2 2026 revenue of $393.3m, representing a 46% year-on-year increase and a new all-time quarterly high for the operator.
Adjusted EBITDA climbed 61% to a record $64.6m during the quarter, while net income reached an all-time high of $29.3m for the three months to 30 June.
CEO Richard Schwartz credited the company’s casino-first approach as a key driver, with online casino accounting for 72% of total revenue during the quarter.
Schwartz highlighted the 2026 FIFA World Cup as a significant catalyst for sports betting growth, particularly across Latin American markets where player acquisition surged.
Over 25% of first-time depositors acquired during the World Cup have already engaged with the company’s casino product, demonstrating strong cross-sell performance.
“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,” Schwartz said.
Latin America was the standout region for growth, with revenue rising 195% year-on-year, compared to a 23% increase across North American markets.
Online sports betting revenue jumped 64% during Q2, primarily attributed to strong World Cup engagement, while online casino revenue grew a steady 40%.
Monthly active users in Latin America rose 62% to 652,000, while North American monthly active users increased 51% year-on-year to more than 296,000.
Average revenue per monthly active user in Latin America climbed 82% to $55, helped by favourable currency movements and changes to bonusing structures in Colombia.
RSI’s launch in Alberta on 13 July has gotten off to a strong start, with first-time depositors and daily active users tracking at roughly twice Ontario’s equivalent post-launch levels on a population-adjusted basis.
The company has also applied for a Designated Contract Market licence with the CFTC, though Schwartz stressed prediction markets are not a strategic priority for the business.
For the first half of 2026, total revenue reached $492.3m, up 43% year-on-year, while adjusted EBITDA surged 70% to $124.8m across the same period.
Full-year revenue guidance has now been raised to between $1.56bn and $1.60bn, up from the previously restated range of $1.49bn to $1.54bn following Q1 results.
Adjusted EBITDA guidance for the full year now sits between $245m and $265m, ahead of the prior Q1 guidance of $230m to $250m.
“Looking ahead, we are confident in the strength and durability of our business,” Schwartz said. “We’re executing well across our core markets, we’re off to a strong start in Alberta, and we continue to see meaningful long-term opportunities ahead of us.”
“We remain committed to delivering exceptional player experiences, which, in turn, should continue to create long-term value for our shareholders.”
