Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online
casino and sports betting company in the United States, today
announced that it has been selected by the Delaware State Lottery
as its vendor for the state’s online gaming business. RSI will
provide state-of-the-art online gaming in Delaware for an initial
term of 5 years, renewable for additional 1-year terms for an
additional 5 years pending regulatory approvals.
“We are honored to be selected by the Delaware
State Lottery selection committee to provide online gaming
operations in the First State,” said Richard Schwartz, CEO of RSI.
“This partnership is yet another significant milestone for RSI, as
the confidence of a state-backed organization, such as the Delaware
Lottery, further validates the trust that lottery officials have in
our award-winning online platform and customer service. Building on
our proven track record of success in the tri-state area of
Delaware, Pennsylvania and New Jersey, where RSI was an early
entrant in the first online market in the U.S., we are honored to
collaborate with the Delaware Lottery team and the state’s three
casinos to offer consumers who are geo-located in Delaware with
safe, convenient, and innovative online gaming experiences.”
“Rush Street Interactive has established itself
as a leading innovator in the industry, and is a respected iGaming
and sports betting company,” said Helene Keeley, Director of the
Delaware Lottery. “We are impressed not only with RSI’s successes
in other jurisdictions, including neighboring New Jersey and
Pennsylvania, but also its strong commitment to responsible
gambling practices.”RSI, a top five online gaming provider, is
currently live in 15 states and the regulated international markets
of the Canadian province of Ontario, Colombia and Mexico.
“We look forward to working with the
well-respected RSI team,” Ms. Keeley continued. “We reviewed
proposed bids from other online gaming companies and suppliers, and
the combination of experience and commitment to quality products,
customer service, and responsible gaming is why we selected RSI.
We’re delighted to begin this partnership and have no doubt that
Delawareans and the customers of Delaware’s three casinos will be
thrilled with RSI’s exciting library of offerings and
industry-leading customer service.”
Mr. Schwartz concluded, “RSI continues to
demonstrate itself as a leader in the industry as more and more
states across the country welcome online gaming. With our proven
and trusted operations, in-house technology, and platform, we are
proud to deliver robust value and results to forward-thinking
government entities or businesses. RSI is devoted to make
thoughtful strides in our expansion and in the successful execution
of our approach to delivering best-in-class products and services
to our customers.”
Delaware became the first U.S. state to
implement comprehensive intrastate iGaming including poker, slots
and bingo when the General Assembly passed the Delaware Gaming
Competitiveness Act of 2012 in June 2012.
About Rush Street
Interactive
RSI is a trusted online gaming and sports
entertainment company focused on markets in the United States,
Canada and Latin America. Through its brands, BetRivers,
PlaySugarHouse and RushBet, RSI was an early entrant in many
regulated jurisdictions. It currently offers real-money mobile and
online operations in fifteen U.S. states: Pennsylvania, Illinois,
New Jersey, New York, Ohio, Delaware, Michigan, Indiana, Virginia,
Colorado, Maryland, Iowa, West Virginia, Arizona and Louisiana, as
well as in the regulated international markets of Ontario, Canada,
Colombia and Mexico. RSI offers, through its proprietary online
gaming platform, some of the most popular online casino games and
sports betting options in the United States. Founded in 2012 in
Chicago by gaming industry veterans, RSI was named the 2023 EGR
North America Awards Customer Services Operator of the Year, the
2022 EGR North America Awards Operator of the Year, Customer
Services Operator of the Year and Social Gaming Operator of the
Year, and the 2021 SBC Latinoamérica Awards Sportsbook Operator of
the Year. RSI was the first U.S.-based online casino and sports
betting operator to receive RG Check iGaming Accreditation from the
Responsible Gaming Council. For more information, visit
www.rushstreetinteractive.com.
About the Delaware Lottery
Since the start of operations in 1975, the
Delaware Lottery has contributed $6.0 billion to the state’s
General Fund to help finance needed state services that benefit
everyone in Delaware. The Lottery offers a variety of games:
POWERBALL®, MEGA MILLIONS®, LOTTO AMERICA®, MULTI-WIN LOTTO, LUCKY
FOR LIFE®, PLAY 3, PLAY 4, Keno®, Sports Lottery and Instant Games,
iGaming, Video Lottery and Table Games. Delaware Lottery game and
promotional details are available at delottery.com, at licensed
locations, and from the Lottery’s office in Dover, Delaware.
Forward-Looking Statements
This press release includes "forward-looking
statements" within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. RSI's actual
results may differ from their expectations, estimates and
projections and consequently, you should not rely on these
forward-looking statements as predictions of future events. Words
such as "expect," "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should,"
"believes," "predicts," "potential," "continue," and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, RSI's expectations about its partnership with the
Delaware State Lottery and the anticipated products and services
made available in connection with that partnership. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside RSI's control and are difficult to predict. Factors that
may cause such differences include, without limitation, changes in
applicable laws or regulations, unanticipated product or service
delays, and other risks and uncertainties indicated from time to
time in RSI's most recent Annual Report on Form 10-K, including
those under "Risk Factors" therein, and in RSI's other filings with
the SEC. RSI cautions that the foregoing list of factors is not
exclusive. RSI cautions readers not to place undue reliance upon
any forward-looking statements, which speak only as of the date
made. RSI does not undertake or accept any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based.
ContactsFor RSI Media:Lisa Johnson(609)
788-8548lisa@lisajohnsoncommunications.comInvestors:ir@rushstreetinteractive.com
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