secwatch.observer — SEC 8-K summary
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Issuer:     Rush Street Interactive, Inc. (RSI)
CIK:        0001793659
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001793659-23-000083
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RSI Q3: revenue $169.9M (+15% YoY), positive Adj. EBITDA $4.1M, FY guidance raised to $665-685M
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- Revenue $169.9M, up 15% YoY from $148.0M; net loss improved to $13.4M from $22.7M loss.
- Adjusted EBITDA positive $4.1M vs. -$12.5M loss year ago; second consecutive quarter of positive Adj. EBITDA.
- Full-year 2023 revenue guidance raised to $665-685M; expect positive Adj. EBITDA for FY2023.
- Average Revenue per MAU $374, up 8% YoY; advertising spend reduced to $34.1M from $44.7M.
- Selected by Delaware Lottery as exclusive online gaming provider; launch expected early winter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1793659/000179365923000083/0001793659-23-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1793659/000179365923000083/rsi-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001793659-23-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer