Rush Street Interactive exceeded all expectations in its recent second-quarter earnings report, driving the stock up 2.75% to $15.95 in after-hours trading. The gaming company reported earnings of $0.11 per share, significantly outperforming analyst estimates of $0.06 – an impressive 83% beat. Revenue reached $269 million, surpassing forecasts by nearly 8% and marking a 22% year-over-year increase. The adjusted EBITDA skyrocketed to $40.2 million, representing an 88% jump from the previous year and establishing a new company record. Management has substantially raised its 2025 guidance, now projecting revenue between $1.05 billion and $1.1 billion (16% growth) and adjusted EBITDA between $133 million and $147 million (51% increase).
Regional Performance Highlights
Latin America emerged as a powerful growth engine with monthly active users increasing by over 40% despite challenging year-over-year comparisons. Mexico stood out with revenue surging more than 125% year-over-year and 40% quarter-over-quarter. North American markets also delivered strong results, with Michigan growing 42%, West Virginia 47%, and Ontario 25% – its best performance since 2023. The company achieved these results while reducing marketing expenses to just 13.5% of revenue, the lowest percentage since its IPO. With $241 million in cash and zero debt, Rush Street Interactive maintains a solid financial foundation to support continued expansion.
