CHICAGO, Sept. 9, 2020 /PRNewswire/ -- Rush Street
Interactive, LP ("RSI" or the "Company"), one of the
fastest-growing online casino and regulated online gaming companies
in the United States, today
announced that management will speak at the SBC Summit Barcelona on
Thursday, September 10, 2020. The
Summit will focus on the innovations driving growth in the betting
and gaming industry, and opportunities in emerging markets around
the world.
Webcast Access Information
Greg Carlin, CEO, will participate on a panel
titled, "Gambling Gold Rush – Investment in the US" at 12:40 p.m. Eastern Time (ET).
Richard Schwartz, President, will
participate on a panel titled, "The Future of Sports Betting" at
1:20 p.m. ET.
Investors must register in advance to view the live webcast
presentation and may do so at
https://sbcevents.com/sbc-summit-barcelona-digital/registration/.
Upon completing registration, investors will receive a confirmation
email containing information about how to access the
presentation.
On July 27, 2020, RSI
entered into a business combination agreement with dMY Technology
Group, Inc. (NYSE: DMYT.U, DMYT and DMYT WS). Upon the closing of
the transaction, the combined company intends to change its name to
Rush Street Interactive, Inc. and trade on the NYSE under the
ticker symbol "RSI."
About Rush Street Interactive
Founded in 2012 by
gaming industry veterans Neil Bluhm,
Greg Carlin and Richard Schwartz, RSI is a market leader in
online casino and regulated online gaming in the U.S. The Company
launched its first online gaming casino site, PlaySugarHouse.com in
New Jersey, in September 2016 and is the first gaming company to
launch regulated online gaming in Pennsylvania. With its BetRivers.com sites,
Rush Street Interactive was also the first to launch regulated
online gaming in Indiana,
Colorado and, most recently, in
Illinois. RSI was the first
U.S.-based gaming operator to launch a legal and regulated online
sportsbook on a national basis in Latin
America (Rushbet.co in Colombia). For more information, visit
www.rushstreetinteractive.com.
About dMY Technology Group
dMY Technology Group, Inc.
is a $230 million special purpose
acquisition company founded by Niccolo de
Masi and Harry You for the
purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses. dMY's initial public
offering was underwritten by Goldman Sachs & Co. and UBS
Investment Bank, and its common stock, units and warrants trade on
the NYSE under the ticker symbols DMYT, DMYT.U and DMYT WT,
respectively. More information can be found at
www.dmytechnology.com.
Important Information About the Proposed Business Combination
and Where to Find It
In connection with the proposed
business combination, dMY intends to file a preliminary proxy
statement and a definitive proxy statement with the
SEC. dMY's stockholders and other interested
persons are advised to read, when available, the preliminary proxy
statement and the amendments thereto and the definitive proxy
statement and documents incorporated by reference therein filed in
connection with the proposed business combination, as these
materials will contain important information about RSI, dMY and the
proposed business combination. When available, the
definitive proxy statement and other relevant materials for the
proposed business combination will be mailed to stockholders of dMY
as of a record date to be established for voting on the proposed
business combination. Stockholders will also be able to obtain
copies of the preliminary proxy statement, the definitive proxy
statement and other documents filed with the SEC that will be
incorporated by reference therein, without charge, once available,
at the SEC's web site at www.sec.gov, or by directing a
request to: dMY Technology Group, Inc., Attention: Niccolo de Masi, Chief Executive
Officer, niccolo@dmytechnology.com.
Participants in the Solicitation
dMY and its
directors and executive officers may be deemed participants in the
solicitation of proxies from dMY's stockholders with respect to the
business combination. A list of the names of those directors and
executive officers and a description of their interests in dMY will
be filed in the proxy statement for the proposed business
combination and be available at www.sec.gov. Additional
information regarding the interests of such participants will be
contained in the proxy statement for the proposed business
combination when available.
RSI and its directors and executive officers may also be deemed
to be participants in the solicitation of proxies from the
shareholders of dMY in connection with the business combination. A
list of the names of such directors and executive officers and
information regarding their interests in the proposed business
combination will be included in the proxy statement for the
proposed business combination.
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. dMY's and 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, dMY's and RSI's expectations with respect to future
performance and anticipated financial impacts of the proposed
business combination, the satisfaction of the closing conditions to
the proposed business combination and the timing of the completion
of the proposed business combination. 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 dMY's and RSI's control
and are difficult to predict. Factors that may cause such
differences include, but are not limited to: (1) the
occurrence of any event, change or other circumstances that could
give rise to the termination of the definitive business combination
agreement (the "Agreement"); (2) the outcome of any legal
proceedings that may be instituted against dMY and RSI following
the announcement of the Agreement and the transactions contemplated
therein; (3) the inability to complete the proposed
business combination, including due to failure to obtain approval
of the stockholders of dMY, certain regulatory approvals or satisfy
other conditions to closing in the Agreement; (4) the
occurrence of any event, change or other circumstance that could
give rise to the termination of the Agreement or could otherwise
cause the transaction to fail to close; (5) the impact
of COVID-19 on RSI's business and/or the ability of the
parties to complete the proposed business combination; (6) the
inability to obtain or maintain the listing of dMY's shares of
common stock on the New York Stock Exchange following the proposed
business combination; (7) the risk that the proposed business
combination disrupts current plans and operations as a result of
the announcement and consummation of the proposed business
combination; (8) the ability to recognize the anticipated
benefits of the proposed business combination, which may be
affected by, among other things, competition, the ability of RSI to
grow and manage growth profitably and retain its key employees;
(9) costs related to the proposed business combination;
(10) changes in applicable laws or regulations; (11) the
possibility that RSI or dMY may be adversely affected by other
economic, business, and/or competitive factors; and (12) other
risks and uncertainties indicated from time to time in the proxy
statement relating to the proposed business combination, including
those under "Risk Factors" therein, and in dMY's other filings
with the SEC. dMY cautions that the foregoing list of factors is
not exclusive. dMY cautions readers not to place undue reliance
upon any forward-looking statements, which speak only as of the
date made. dMY 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.
No Offer or Solicitation
This press release
shall not constitute a solicitation of a proxy, consent or
authorization with respect to any securities or in respect of the
proposed business combination. This press release shall also not
constitute an offer to sell or the solicitation of an offer to buy
any securities, nor shall there be any sale of securities in any
states or jurisdictions in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as
amended.
Contacts
For RSI:
Media:
Jonathan Gasthalter / Carissa Felger / Nathaniel Garnick
(312) 319-9233 / (212) 257-4170
rsi@gasthalter.com
or
Lisa Johnson
(609) 788-8548
lisa@lisajohnsoncommunications.com
or
Dennis Culloton
(312) 228-4780
dc@cullotonbauerluce.com
Investors
rsi@icrinc.com
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SOURCE Rush Street Interactive