Chicago-based Rush Street Interactive reported iGaming revenue of US$370.4 million for the first quarter of 2026, representing a 41 percent increase compared to US$262.4 million in the same period last year, alongside growth in profitability and user activity across its markets.
Net income for the iGaming operator reached US$262 million, up 134 percent, year-on-year, while adjusted EBITDA rose to US$60.2 million, an increase of 81 percent compared to the prior year period.
The results reflect continued expansion across both North American and Latin American iGaming markets.
Surging Monthly Users
Monthly active users totalled approximately 839,000 during the quarter, representing an increase of 51 percent, compared to Q1 last year. In North America, users grew by 46 percent to around 296,000, supported by a 62 percent increase in online casino activity, while Latin America, including Mexico, recorded 543,000 monthly active users — up 54 percent compared to the same period last year.
Average revenue per monthly active user stood at US$317 in the U.S. and Canada, compared to US$54 in Latin America,
FY Guidance Up
Rush Street Interactive has now raised its Full-Year 2026 guidance, with iGaming revenue now expected to range between US$1.49 billion and US$1.54 billion, representing projected growth of 31 percent to 36 percent.
Adjusted EBITDA is forecast to reach between US$230 million and US$250 million, indicating continued margin expansion as the business scales.
The updated outlook incorporates expectations around ongoing operations in current markets, as well as a planned launch in Alberta in July 2026, while also accounting for tax and regulatory conditions in jurisdictions such as Colombia.
Momentum
The results underline continued momentum within the iGaming sector across The Americas, where operators are reporting increased user activity and revenue growth as regulated markets mature and product offerings expand.
Richard Schwartz, Chief Executive Officer of RSI, said, “We are pleased to report another strong quarter of results, setting new records once again for revenue, net income and adjusted EBITDA.
“The continued acceleration we’ve seen in revenue and player growth is particularly exciting.
“We also achieved record first-time depositors this quarter while maintaining disciplined marketing spend, showcasing our expanding brand awareness and the efficiency we’ve built into our customer acquisition and retention model,” said Schwartz.
Validation
“These results validate the customer-centric approach that has consistently driven our performance.
“Looking ahead, we have tremendous confidence in our trajectory.
“We’re executing well, growing our player base rapidly and profitably, and preparing for an exciting new market launch in Alberta.
“We remain committed to delivering exceptional player experiences while creating long-term value for our shareholders.”
