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Gambling in the USA

Rush Street Interactive Named Mobile Operator Of The Year In North America

George Miller

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Rush Street Interactive becomes first US online sportsbook operator to debut IMG ARENA's official live streaming service
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PlaySugarHouse.com Celebrates Win at the EGR North America Awards 2019 and March’s Record Breaking Numbers

 

Rush Street Interactive (RSI) has been crowned ‘Mobile Operator of the Year’ at the EGR North America Awards 2019. The EGR Awards celebrate the best of the best in iGaming in North America and is one of the most prestigious recognitions in the online gaming and sports betting industry.

A panel of independent judges applauded RSI for clearly demonstrating market penetration and growth of its mobile user audience.  The judges commented that: “By owning, operating and creating the technology needed to make mobile gaming seamless, Rush Street Interactive (PlaySugarHouse.com) has designed a company and a strategy that will undoubtedly create further growth.”

“This award is one of the most respected in the industry,” said Richard Schwartz, President of Rush Street Interactive. “We’ve taken a differentiated and innovative approach at PlaySugarHouse.com to deliver a totally unique mobile user experience.   The fact that we ended 2018 with a mobile penetration rate over 90% validates that our mobile strategy is working.”

Since launching less than three years ago, PlaySugarHouse.com Sportsbook & Online Casino has achieved exceptional revenue growth and is a significant contributor to March’s record breaking numbers, released earlier today by the New Jersey Division of Gaming Enforcement.

“Despite the New Jersey online casino and sportsbook market growing by a staggering 43.7% month over month, PlaySugarHouse.com still exceeded this market’s growth rate in March,” Schwartz added.

“The mobile operator of the year win, along with our record breaking financial performance in March, are testaments that our interactive teams, who deserve all the credit, are driving iGaming innovation and making us a respected leader in the emerging regulated industry in the Americas,” said Schwartz.  “Our strategy from the start has been to be the first and the best to offer a large variety of exciting and engaging sports betting and casino experiences.”

PlaySugarHouse.com’s sportsbook mobile platform is deeply integrated and operationalized to work seamlessly with Kambi’s sportsbook, which also was recognized by being named the Sportsbook Platform Provider of the year. The combination of Rush Street Interactive’s in-house mobile product & iGaming platform, leveraging the Kambi sports solution, makes for a winning combination as being proven in the New Jersey market.

The EGR North America Awards 2019 were announced at a reception in Atlantic City, New Jersey.

 

About Rush Street Interactive:
Rush Street Interactive (RSI) was founded by pioneers in the internet gaming industry with decades of collective experience in developing, supplying and operating online gaming sites. The Chicago-based business launched its first casino site, PlaySugarHouse.com in NJ, in September 2016 and, in August 2018, it added an integrated sportsbook. Rush Street Interactive is also the service provider of the sportsbooks at Rivers Casino Pittsburgh and SugarHouse Casino in Philadelphia. Additionally, RSI was the first U.S. gaming company to launch a regulated online sportsbook in Latin America.  Rush Street Interactive is also the developer and operator of a leading social gaming platform that is currently deployed at Rush Street-affiliated casinos (Rivers Casino in PittsburghSugarHouse Casino in Philadelphia, Rivers Casino in Des Plaines, Illinois and Rivers Casino and Resort in Schenectady, New York), as well as selected third party partners.

For more information, visit https://rushstreetgaming.com/interactive

 

SOURCE Rush Street Interactive

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Delaware iGaming Revenue Increases in May

Niji Narayan

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Delaware iGaming Revenue Increases in May
Photo Source: sputniknews.com
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Delaware Lottery has reported an increase in revenue from Delaware’s regulated igaming market ($313,648) for the month of May.

Delaware Park retained top spot in the state’s online gambling market in terms of revenue with $127,932 off $2.96m in wagers for the month. This was down from April revenue of $144,084 and $5.2m in bets.

Dover Downs was the most popular platform for punters in May, processing a total of $8.1m in bets, up from $5.5m in April. Revenue hit $123,044 for the month compared to $75,323 in April.

Harrington Raceway remains some way off the pace after taking $1.0m in online wagers during May, down from $1.2m in the previous month. However, revenue was up month-on-month from $43,775 to $62,672.

During the first five months of the year, operators generated revenue of $1.41m, with consumers spending a total of $54.7m online.

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Gambling in the USA

GAN Reports Internet Gambling Growth in New Jersey for May 2019

Niji Narayan

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GAN Reports Internet Gambling Growth in New Jersey for May 2019
Photo Source: thriveglobal.com
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GAN plc, the US based developer and supplier of Internet gambling software, has reported growth in internet gambling for the month of May 2019 in New Jersey.

The highlights include:

  • Internet Gaming Win was $38.3 million in May compared to $24.3 million in May 2018, reflecting an year-over-year increase of 57.8%.
  • Total Internet Sports Wagering Handle was approximately $263.6 million in May, compared to $254.0 million in April and $298.3 million in March.
  • Internet Sports Wagering Gross Revenue was $13.7 million in May, compared to April’s $16.6 million and March’s $24.3 million.

Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months.

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Compliance Updates

NH Lawmakers Pass Sports Betting Bill

Niji Narayan

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NH Lawmakers Pass Sports Betting Bill
Photo Source: sunherald.com
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The New Hampshire legislature has passed the sports betting bill and heads it to the desk of Republican Gov. Chris Sununu, who has already expressed his support for the bill.

The Senate has made three amendments to the bill. The amendments made it clear that multiple online sports betting operators will be permitted in the space, but will be capped at five. It also capped the retail operators at 10.

The bill creates a subdivision of Sports Wagering within the New Hampshire Lottery Commission, which will act as the regulatory body for the industry.

The bill allows anyone over the age of 18 to wager on professional and collegiate sporting events. Gamblers will not be allowed to wager on New Hampshire colleges or collegiate sporting events in the state. It will not provide the leagues with an integrity fee and does not require operators to use official league data.

It is estimated that the industry will generate $7.5 million in tax revenue for the 2021 fiscal year and $13.5 million two years later.

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