Rush Street Reports 34% Increase in Revenues for Q1 2024
Net loss down to just $2.2 million from $24.5 million in Q1 2023
Net loss down to just $2.2 million from $24.5 million in Q1 2023
Monthly unique players up by 23% to 3.4 million
CEO Jay Snowden remained positive despite significant increases in losses at ESPN Bet
Profits after tax grew by 22.6% year-on-year
Revenues impacted by regulatory moves in UK & Ireland
Deal expected to close by Q4 2024
Company will become Evoke PLC
U.S. revenues up by 41% year-on-year
Company to review brands in wake of loss
Results driven by highest ever total for a fourth quarter
Collaboration promises an unparalleled fusion of technology, player engagement and commercial focus
US operations fail to offer 'optimal returns'