Rush Street Interactive reports 57% revenue rise for Q3 2021

Rush Street Interactive (RSI)'s Q3 2021 results saw a 57% increase in revenue and an adjusted EBITDA loss of $12.2m (compared to $1m for the same period the previous year). Net loss was $18.9m during the third quarter of 2021, compared to a net loss of $26.5m for the prior-year period. As of 30 September 2021, RSI had $347m of unrestricted cash and cash equivalents. Richard Schwartz, CEO of RSI, said: "We are very encouraged by the ongoing exec...