CHICAGO, Sept. 20, 2021 /PRNewswire/ -- The world's
fastest sport is now being played in a new and electrifying
head-to-head (H2H) format and only Rush Street Interactive's online
sportsbooks are offering betting on it. Rush Street
Interactive, Inc. (NYSE: RSI) ("RSI"), a
Chicago based gaming and betting
company which operates the BetRivers, PlaySugarhouse, and RushBet
sportsbook brands, has been named the exclusive Official Sports
Betting Partner of Magic City Jai-Alai. As part
of this collaboration, BetRivers is now exclusively authorized to
use Magic City Jai-Alai's official league data and streaming feeds
for bettors to watch and bet during live games in real-time, which
is vital for in-play wagering.
Magic City Jai-Alai, which has run over 4,000 matches since
opening in 2018 under the regulatory oversight of the Florida
Department of Business and Professional Regulation (DBPR), has
taken a modern approach to protecting the integrity of its matches
and improving the reputation of the sport. Beyond conducting
training programs and background checks on the athletes, staff, and
officials from the league's inception, the league has contracted
with a third party integrity firm to independently monitor and
analyze all wagering and event activity.
"The league's commitment to integrity and fair play impressed us
from the outset," said Richard
Schwartz, CEO of RSI. "At the end of the day,
RSI wants to offer our players engaging and high integrity betting
content and we're thrilled that Magic City's league is able to
achieve both of these goals."
With the recent launch of Jai-Alai betting on RSI's BetRivers
platform in Illinois and
Iowa, bettors in those states
became the first in the country to be able to legally wager online
on the lightning fast action, with other markets to be added in the
future.
"RSI is excited to partner with Magic City Jai-Alai to
pioneer this new fast-paced format of play for Jai-Alai, a sport
which has long been a betting favorite and has a storied history in
Florida dating back to the
1930's," said Schwartz. "As a result of these modern H2H
matches transitioning away from the traditional parimutuel style of
play into a brand new fixed-odds betting format where every
action-packed point matters, customers can wager directly on the
head-to-head matchups, set-by-set or even point-by-point just like
in the popular betting sports of tennis and table tennis.
Jai-Alai is the fastest sport in the world, with ball speeds
exceeding 150 mph, and with this new electrifying format, we are
really excited to offer bettors a unique way to watch in real-time
and bet in-play on a sport we know they will love."
"Working closely with the RSI team, we are excited to pioneer a
new twist on an old favorite and offer fans exciting and different
ways to engage with Jai-Alai while modernizing the sport to a whole
new digital betting audience," said Scott
Savin, Magic City COO. "From day one we've made it our
mission to create an innovative and modern-looking league where the
integrity of the game and its athletes have been our focus to earn
and retain our bettors' trust."
With BetRivers offering new exposure to Jai-Alai via its
sportsbooks in Illinois and
Iowa and more states on the
horizon, Savin says he expects the sport to see a "major
resurgence." To see the sport in action and for more insight,
interested bettors can learn more at Jai-Alai TV and on Instagram at
@jaialainetwork.
About RSI
RSI is a trusted online gaming and sports entertainment company
focused on regulated markets in the
United States and Latin
America. Through its brands, BetRivers.com and
PlaySugarHouse.com, RSI was an early entrant in many regulated
jurisdictions and is currently live with real-money mobile, online
and/or retail operations in ten U.S. states: Pennsylvania, Illinois, New
Jersey, New York,
Michigan, Indiana, Virginia, Colorado, Iowa and West
Virginia. RSI is also active internationally, offering its
online casino and sportsbook in the regulated gaming market of
Colombia on RushBet.co. 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 2020 Global Gaming Awards Digital
Operator of the Year and the 2021 EGR North America Awards Casino
Operator of the Year, Customer Services Operator of the Year and
Social Gaming Operator of the Year. RSI is committed to
industry-leading responsible gaming practices and seeks to provide
its customers with the resources and services they need to play
responsibly. For more information,
visit www.rushstreetinteractive.com.
Investors:
ir@rushstreetinteractive.com
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SOURCE Rush Street Interactive