Rush Street Interactive, which operates the sports betting platforms in the United States, announced Monday it has no plans to implement a surcharge on winning wagers. 1t3x2s
“As we put our customers first, it was an easy decision for us,” said CEO of RSI Richard Schwartz in a statement released by the company. “RSI remains committed to maintaining its leadership position in the industry by continuously prioritizing the needs and preferences of its players.
“We believe that RSI’s focus on customer satisfaction, coupled with its innovative rewards and loyalty programs, sets a benchmark for excellence in the online gaming industry.”
RSI is the first to publicly announce it will not implement a surcharge as the sports betting industry continues to move forward from Vermont.
Which Way Will Other Sportsbooks Go? 1o6s
Didn’t take long for competitors to attack the surcharge move pic.twitter.com/XWMwHxMk9e
— Seth Blevins (@sethlblevins) August 4, 2024
Schwartz’s statement comes after BetRivers used the weekend shrewdly marketing against the announcement by DraftKings CEO Jason Robins. It could prove to be a sound strategy in the short-term: There has been plenty of social media angst since Robins’ announcement, and BetRivers is among many FanDuel have for handle in other states.
Rush Street Interactive is coming off a solid earnings report for the second quarter in which posted quarterly earnings of $0.04 per share after reporting $220.4 million in revenue for the three months ending in June. RSI has been impacted by Monday morning’s mass sell-off, with share prices down 8.7% to $9.24 in early trading on the NYSE.
