Rush Street

RUSH STREET INTERACTIVE AND EUROPEAN-BASED KAMBI GROUP PLC SIGN SPORTSBOOK DEAL

News Release | Chicago, IL Posted on 05.17.18

RUSH STREET INTERACTIVE AND EUROPEAN-BASED KAMBI GROUP PLC SIGN SPORTSBOOK DEAL

Kambi to provide its market-leading sports betting technology and services to one of America’s fastest growing online gaming companies

CHICAGO, IL – May 17, 2018 – Rush Street Interactive, has entered into a partnership with Kambi Group plc, a global supplier of sports betting services, to integrate its market-leading Sportsbook technology into Rush Street Interactive’s proprietary online gaming platform.

Following this week’s U.S. Supreme Court decision to repeal the country’s federal sports betting ban in full, Rush Street plans to launch a Sportsbook solution within selected states where permitted.

Chicago-based Rush Street Interactive is affiliated with Rush Street Gaming, which owns and operates four bricks and mortar casinos in three of the country’s largest states – New York, Pennsylvania and Illinois. The company also operates the rapidly growing PlaySugarhouse.com online casino site in New Jersey’s regulated market.

In two of the four states where Rush Street operates, local lawmakers have already enacted sports betting legislation, and the other two are in the process of developing a legal framework for regulated sports betting now that the prohibition is lifted.

As RSI operates its own proprietary platform, it has developed and implemented unique features, tools, and enhancements to differentiate the player experience, further positioning the company for the future online sports betting market.

“Rush Street Interactive was founded on the key principles of providing entertaining and memorable experiences to our customers, without compromising on integrity,” said Richard Schwartz, President of Rush Street Interactive. “Therefore, when deciding to launch a sports betting product, it was key we chose a partner who shared those principles, and at the same time provided us with the flexibility to launch a high-quality product firmly aligned with Rush Street’s focus on innovation and player experience.”

“Now following the exciting Supreme Court ruling, we look forward to launching a high-quality Sportsbook in the U.S. in the near future, and potentially in other regulated international markets,” Schwartz added.

“This agreement with Rush Street Interactive, one of the most respected gaming companies in the U.S., is recognition that Kambi not only has online premium sports betting services ready to appeal to American sports enthusiasts, but those services will help protect the integrity of sports,” said Kristian Nylen, Kambi Chief Executive.