Rush Street Interactive reveals 20% revenue increase for Q1

The company also revealed that adjusted EBITDA losses were down to $8.7m, the lowest it has been for over 15 months. Rush Street Interactive (RSI) has posted its Q1 report for 2023, showing revenue of $162.4m – a 20% increase on Q1 2022. Additionally, its adjusted EBITDA loss was $8.7m, a significant improvement over the $43.4m adjusted EBITDA loss for Q1 the year prior. Meanwhile, RSI's net loss as a whole stood at $24.5m – again,...