Asset Manager

Updated:

Rush Street Interactive

At Rush Street Interactive (RSI) we exist to ignite the thrill of winning with players no matter where they find themselves. We pride ourselves on creating...

Rush Street Interactive

At Rush Street Interactive (RSI) we exist to ignite the thrill of winning with players no matter where they find themselves. We pride ourselves on creating amazing integrated experiences that keep players in the game.

General information

Firm type

Asset Manager

Year founded

2012

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Additional offices

Woodside, CA · Tysons, VA · Arlington, VA · London, UK · Hoboken, NJ · San Francisco, CA · Austin, TX · Houston, TX

Sector focus

Media & Entertainment

Frequently asked questions

How does Rush Street Interactive's market-access model work in the US?

RSI does not own casinos; instead it partners with brick-and-mortar license-holders to gain entry into regulated states. Typically RSI holds the online-skin rights under a partner's master license, operating the digital sportsbook and casino while the land-based partner collects a revenue share. This structure has allowed RSI to access markets like Pennsylvania, New Jersey, and Michigan without the capital cost of a physical property.

What is the relationship between BetRivers and the legacy Rush Street Gaming casinos?

Rush Street Gaming, the casino developer behind Rivers-branded properties in Pittsburgh, Philadelphia, and elsewhere, was separately founded by Neil Bluhm and remains a distinct entity. Rush Street Interactive was spun out as a pure-play digital operator and went public independently in 2020. The two companies share branding heritage but operate with no corporate parent-subsidiary relationship.

Which Latin American markets does RSI operate in?

RSI holds licenses in Colombia, Mexico, and most recently Peru. Colombia was the first major market; RushBet launched there in 2018 and has become one of the largest online casino and sportsbook brands in the country. Mexico operations followed, and RSI launched its proprietary iGaming platform in Peru in September 2024.

How does RSI's technology stack compare to white-label platforms?

RSI owns and operates its full technology platform in-house, including player account management, risk management, cashier, and promotional-engagement engines. This contrasts with competitors that license platform-as-a-service from providers like Kambi or OpenBet. Vertical integration gives RSI faster iteration on game lobbies, pricing, and bonus structures without external dependency.

Who runs Rush Street Interactive?

CEO Richard Schwartz has led RSI since its founding in 2012, guiding the company through its 2020 SPAC merger and subsequent US and Latin American expansion. Schwartz previously served as an executive at Rush Street Gaming, giving him deep operational experience in regulated casino markets before separating RSI as an independent public company.

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