RSI, a leading provider of online sports betting and gaming solutions, has reported its highest ever quarterly revenue and adjusted EBITDA figures. The company, which operates in the US and other key markets, has experienced rapid growth in recent years, and this latest financial report is further evidence of its success.
In the third quarter of this year, RSI generated record revenue of $100 million, a 35% increase from the same period last year. This growth was driven by a surge in customer acquisition and retention, as well as increased betting activity across its platforms. The company’s adjusted EBITDA also hit a record high of $25 million, a 45% increase year-over-year.
RSI’s CEO, Richard Schwartz, expressed his delight at the company’s strong performance, stating, “We are thrilled to achieve record revenue and adjusted EBITDA figures in the third quarter. This success is a testament to the hard work and dedication of our team, as well as the innovative products and services we offer to our customers.”
The company’s positive financial results come at a time when the online sports betting and gaming industry is experiencing rapid growth and increased competition. With more states legalizing sports betting and a growing number of players entering the market, RSI’s ability to differentiate itself and attract new customers is crucial to its continued success.
In addition to its financial success, RSI has also announced a number of strategic partnerships and new product launches in recent months. The company has entered into agreements with several major sports leagues and teams to become their official sports betting partner, further increasing its brand visibility and market share.
Looking ahead, RSI is confident that it will continue to grow and expand its reach in the US and other key markets. The company is focused on developing new products and services, enhancing its technology and customer experience, and exploring new business opportunities to drive further growth and success.
Overall, RSI’s record revenue and adjusted EBITDA figures highlight the company’s strong performance and bright future prospects in the rapidly evolving online sports betting and gaming industry. With a solid foundation and a clear growth strategy, RSI is well-positioned to capitalize on the expanding market and deliver value to its customers and stakeholders.
