Rush Street Interactive Soars: Q3 2026 Earnings Exceed Expectations
Rush Street Interactive, a leading provider of online gaming solutions, has reported impressive results in its third quarter earnings for 2026. The company's revenue soared to $385.9 million, marking a 39% year-over-year increase, while adjusted EBITDA hit $62.2 million, up 73% from the same period last year.
According to Richard Schwartz, Chief Executive Officer of Rush Street Interactive, the company's casino-first strategy and strong performance in Latin America were key drivers of its success during the quarter. Online casinos remained the foundation of the business model, accounting for 75% of revenue, with online sports betting contributing most of the remaining 25%. This mix has proven to be a strength for the company, as the retention, engagement, and lifetime values (LTVs) of its online casino players are key drivers of consistent growth.
The company's player counts also showed significant year-over-year growth across both regions. Monthly active users in North America reached over 300,000, a record quarterly high representing 34% year-over-year growth. Latin American MAUs were up 46% year-over-year to over 607,000, despite being below the World Cup-driven peak in the second quarter.
First-time depositors for Rush Street Interactive also came in at their second-highest level of all time, a testament to the company's targeted marketing efforts and attractive player acquisition costs. This is particularly encouraging given the measured pace of growth observed in the broader industry trends during the third quarter.
Rush Street Interactive's strong performance is a testament to its commitment to delivering high-quality gaming experiences that engage customers and drive loyalty. The company's ability to execute across its entire business, including online casinos, sports betting, and poker, has enabled it to achieve impressive growth and scale over the last few years.
As the online gaming industry continues to evolve, Rush Street Interactive is well-positioned to capitalize on emerging trends and opportunities. With a strong foundation in place, the company is poised for continued success and growth in the future."
