Rush Street Interactive (RSI) has delivered the strongest quarterly performance in its history, reporting Q1 2026 revenue of $370.4 million.
This represents a massive 41% increase over the $262.4 million reported in the previous year, driven by an aggressive “casino-first” strategy and explosive expansion in Latin American markets.
The Differentiator: Scalable Profitability
While many operators struggle with acquisition costs, RSI has managed to scale its revenue while simultaneously improving margins. CEO Richard Schwartz noted that the company’s focus on online casino, where players engage more consistently and demonstrate higher lifetime value, remains its primary value driver.
Key metrics for the quarter include:
- Monthly Active Users (MAUs): Jumped 51% globally to 839,000.
- North America Growth: iCasino revenue within the region surged by 62%.
- Latin America Surge: Revenue in LatAm markets increased by 134%.
- Efficiency: Customer acquisition costs dropped to their lowest levels since the company went public.
Upward Trajectory and Alberta Launch
RSI’s profit after tax amounted to $26.2 million, a record 134% rise. Adjusted EBITDA also saw an 81% hike to $60.2 million.
“We’re scaling revenue off a much larger base at very strong growth rates while improving profitability at about double that pace,” Schwartz stated.
With these record results, RSI has raised its full-year 2026 guidance to between $1.49 billion and $1.54 billion. The company is currently preparing for a major market launch in Alberta, Canada, further cementing its status as a leader in the North American iGaming space.
