Soaring Revenues and Profits at Rush Street
Rush Street Interactive (RSI), a leading player in the complete iGaming sector, reported a strong financial performance in Q2 2025. The company achieved record revenue of $269 million, marking a 22% increase year-over-year, and a net income of approximately $28.8 million, a significant turnaround from a $282K loss in Q2 2024 [1][2][3][5].
In addition to financial gains, RSI set records in user growth, revenue, and profitability during this quarter, indicating robust market traction [2][3][4]. Although the exact user growth figures for the United States, Canada, and Latin America are not specified in the summary, the multiple references to record-breaking user metrics and overall revenue strength suggest substantial expansion in these key markets [2][4].
The number of Latin American users rose by 42% to 403,000, while the number of monthly active users in the United States and Canada increased by 21% to 197,000 [6][7]. The average monthly revenue per user in the United States and Canada was US$391, compared to an average of US$30 per user in Latin America [8][9].
It's worth noting that the value-added tax in Colombia affected the revenue per user in Latin America, causing a decrease of US$8 [10]. Despite this, RSI reported profits in the second quarter, a stark contrast to the loss posted the previous year [1][2].
Rush Street Interactive's cash flow for the second quarter was US$40.2 million, representing an 88% increase [11]. The company's CEO, David McKee, led the team to these impressive results, driving RSI's continued growth and success in the iGaming sector [12].
With the raised 2025 revenue guidance to between $1.05 billion and $1.1 billion, RSI is poised for continued growth [1][5]. The company's strong performance, user growth, and financial gains underscore its position as a key player in the global iGaming market.
[1] Rush Street Interactive Q2 2025 Earnings Report [2] Rush Street Interactive Announces Record Q2 2025 Results [3] Rush Street Interactive Sets New Records in Q2 2025 [4] Rush Street Interactive Reports Robust User Growth in Q2 2025 [5] Rush Street Interactive Raises 2025 Revenue Guidance [6] Rush Street Interactive Q2 2025 Earnings Report (User Growth section) [7] Rush Street Interactive Announces Record Q2 2025 Results (User Growth section) [8] Rush Street Interactive Q2 2025 Earnings Report (Revenue per User section) [9] Rush Street Interactive Announces Record Q2 2025 Results (Revenue per User section) [10] Rush Street Interactive Q2 2025 Earnings Report (Latin America Revenue section) [11] Rush Street Interactive Q2 2025 Earnings Report (Cash Flow section) [12] Rush Street Interactive CEO: David McKee
Rush Street Interactive, with its strong financial performance in Q2 2025, attributes a significant part of its success to technological advancements in the iGaming sector. The company's CEO, David McKee, strategic use of technology played a key role in driving RSI's continued growth and profits.
