RSI Expects to Launch BetRivers in Arizona this
Fall
Rush Street Interactive, Inc. (NYSE: RSI) ("RSI" or the
“Company”), a leading online casino and sports betting company in
the United States, today announced that the Arizona Rattlers (the
“Rattlers”), a long-established professional indoor football
franchise, designated RSI as their operating partner for online
sports betting. In addition to receiving market access in Arizona,
RSI will become a major sponsor of the six-time world champion
Rattlers.
The Arizona Department of Gaming determined that the application
by the Rattlers and RSI is eligible for one of the ten sports
wagering licenses associated with an Arizona professional sports
team or franchise and has granted RSI a temporary event wagering
designee license. RSI plans to launch online sports betting in the
state under its BetRivers brand during the upcoming NFL and NCAA
fall football seasons.
“We are very excited to bring our BetRivers mobile apps to
Arizona together with the Rattlers, which are deeply rooted in the
Phoenix community and share RSI’s commitment to excellence,” said
Richard Schwartz, Chief Executive Officer of RSI. “Arizonans are
accustomed to receiving a championship caliber product on the field
with the Rattlers, and we look forward to offering them a similarly
high-quality product off the field through our award-winning
BetRivers platform and top-notch customer service.”
Founded in 1992, the Rattlers are the third longest tenured
professional sports team in Arizona and have played for their
entire history in the state. The Rattlers are one of the most
accomplished professional sports teams in Arizona as well as one of
the most successful teams in the history of indoor football,
winning the most games and championships of any professional indoor
football team in the country.
“Arizona is home to the greatest fans in the country, and we are
thrilled to help them enjoy online sports betting through our
long-term partnership with RSI and the BetRivers team,” said Ron
Shurts, Owner and Chief Executive Officer of the Arizona Rattlers.
“Following our league-best regular season, this partnership
continues the Rattlers’ tremendous success and momentum ahead of
our round-one home playoff game this Sunday, where the BetRivers
logo will be present.”
Arizona joins Connecticut, Louisiana, Mississippi and New Mexico
as states where RSI has recently announced market access
partnerships, with the latter two being subject to the passage of
enabling mobile gaming legislation. Based on publicly available
data, RSI is the market leader in the three most populous states
that have legalized retail sports betting – Illinois, Pennsylvania
and New York – and is a top five online sports betting company in
the United States per gross gaming revenues over the past 12
months, according to a July 2021 report from industry market
research firm, Eilers & Krejcik.
Mr. Schwartz concluded, “We thank the Rattlers as well as the
Arizona Department of Gaming for their trust and partnership and
look forward to working together to offer the people of Arizona
entertaining, innovative and responsible gaming options.”
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 the anticipated timing of launch of its
operations in the state of Arizona, the expected benefits of its
partnership with the Rattlers, and its anticipated results of its
operations and future performance in the state of Arizona. 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.
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.
About the Arizona Rattlers
The Arizona Rattlers were founded in 1992 and are proud members
of the Indoor Football League (IFL). In the three seasons the
Rattlers have competed in the IFL, they've won one championship
(2017) and qualified for the United Bowl twice (2017, 2019). The
Rattlers spent 24 seasons in the Arena Football League (AFL) before
moving to the IFL. In that time, the Rattlers made ten appearances
in the ArenaBowl, and won championships in 1994, 1997, 2012, 2013,
and 2017. For tickets, call 602-514-8274, or visit
www.azrattlers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210827005406/en/
Media: Lisa Johnson (609) 788-8548
lisa@lisajohnsoncommunications.com or Jonathan Gasthalter/Carissa
Felger/Sam Fisher (312) 319-9233 / (212) 257-4170
rsi@gasthalter.com Investors:
ir@rushstreetinteractive.com
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