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Industry – News: Industry News | Rush Street Q3 2020 revenue

November 24, 2020
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Industry – News: Industry News | Rush Street Q3 2020 revenue
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Rush Street Interactive, LP, one of the fastest-growing online casino and sports betting gaming companies in the United States, today announced financial results for the third quarter ended September 30, 2020.

Third Quarter 2020 Financial Highlights

Revenue was $78.2 million during the third quarter of 2020, compared to $16.7 million during the third quarter of 2019.

Comprehensive loss was $(28.1) million during the third quarter of 2020, compared to a comprehensive loss of $(1.6) million during the third quarter of 2019.

Advertising and promotions expense was $17.5 during the third quarter of 2020, compared to $9.7 million during the third quarter of 2019.

Adjusted EBITDA 1 was $9.9 million during the third quarter of 2020, compared to an Adjusted EBITDA of $(1.3) million during the third quarter of 2019.

Real Money Active Users in the United States were up 135%…

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