RSI still on track for long-term goals despite higher Q2 losses

US

Rush Street Interactive (RSI) posted a long-term He said he expects to meet the profit target.

After the business released the results of two operating periods, RSI Chief Executive Officer Richard Schwartz said the operator remains on track to turn a profit.

Schwartz said RSI was profitable in six markets in the second quarter of fiscal 2022, with New Jersey, Pennsylvania, Illinois, Michigan and South America’s Columbia profiting in the quarter. In addition, West Virginia also turned profitable after only four quarters of operations in the state.

“We continue to build a global business,” said Schwartz. This gives you a variety of growth opportunities.

Read the full story at iGB North America

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