US and Canada growth pushes Rush Street to new personal best
Operator raises guidance following 20 per cent revenue increase
Exceptional growth in the US and Canada drove record results for Rush Street Interactive, who generated revenue of $277.9m during the third quarter of 2025, an increase of 20 per cent, compared to $232.1m during the third quarter of 2024.
Total Monthly Active Users (MAU) in the United States and Canada were approximately 225,000, up 34 per cent year-over-year, and up 46 per cent year-over-year in online casino markets. MAUs in Latin America (which includes Mexico) were approximately 415,000, up 30 per cent year-over-year.
Average Revenue per Monthly Active User in the United States and Canada was $365 during the third quarter of 2025, while ARPMAU in Latin America was $27.
Richard Schwartz, Chief Executive Officer of RSI, said: “We’re pleased to report another strong quarter that underscores the resilience of our business model and player-first approach. Our third quarter results demonstrate continued momentum and acceleration of growth across key markets, led by our continued outperformance in the online casino space. Another quarter of record revenue, up 20 per cent year-over-year, marks our tenth consecutive quarter of sequential revenue growth over the prior quarter. This growth was driven by record player acquisition and strong player engagement across our higher-value markets.
“What makes these results particularly compelling is the continued acceleration of growth in North American online casino markets. Delivering exceptional 46 per cent year-over-year MAU growth, our United States and Canada online casino markets recorded the second-highest quarterly growth rate since early 2021, achieved off a much larger player base. We’ve now seen accelerating year-over-year growth in this player base every single month since March, indicating strong underlying momentum that extends well beyond seasonal factors. We also had a record quarter as it relates to first-time depositors, beating our prior record by more than 10 per cent while reducing marketing spend compared to the same period last year. This broad-based acceleration, even across our most mature markets validates our strategic approach of focusing on product differentiation and a high-quality customer experience.
“As we look ahead, we remain deeply committed to our player-first approach, delivering exceptional experiences and innovating in ways to drive engagement, positioning us for continued momentum and long-term success.”
The company has raised its full-year ending December 31, 2025 guidance for both revenue and Adjusted EBITDA. Revenue is expected to be between $1,100 and $1,120m. At the midpoint of the range, revenue of $1,110m represents 20 per cent year-over-year growth compared to $924 million of revenue for 2024.
