Colombia imposes 19% VAT on online gaming deposits; RSI faces ~13% revenue exposure

Rush Street Interactive, Inc.

President Petro's Feb 14 decree adds 19% VAT on player deposits for online gaming operators.
Decree is temporary under a 180-day state-of-emergency; constitutionality under court review.
RSI's Colombian operations represent approximately 13.3% of total company revenue.
Company evaluating impact; may reduce operating/marketing expenses to offset potential revenue loss.
Decree could decrease customer demand and revenue in Colombia; court may invalidate it.

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