Rush Street Interactive (NYSE: RSI) has launched its proprietary online poker platform in Pennsylvania, developed in partnership with professional poker player Phil Galfond. The BetRivers Poker platform features cash games, tournaments, and innovative elements like Dynamic Avatars and Cub3d Sit and Go Tournaments. The platform integrates with Rivers Casino poker rooms in Pittsburgh and Philadelphia, offering a connected online and retail experience. The platform boasts among the lowest rake in Pennsylvania and is integrated into the iRush Rewards program. The launch includes collaboration with Poker Night in America series, with plans for expansion into additional jurisdictions.
Rush Street Interactive (NYSE: RSI) ha lanciato la sua piattaforma di poker online proprietaria in Pennsylvania, sviluppata in collaborazione con il professionista del poker Phil Galfond. La piattaforma BetRivers Poker offre giochi cash, tornei e elementi innovativi come Avatar Dinamici e Tornei Cub3d Sit and Go. La piattaforma si integra con le sale poker del Rivers Casino a Pittsburgh e Philadelphia, offrendo un’esperienza online e retail connessa. Vanta una delle commissioni più basse in Pennsylvania ed è integrata nel programma iRush Rewards. Il lancio include una collaborazione con la serie Poker Night in America, con piani di espansione in giurisdizioni aggiuntive.
Rush Street Interactive (NYSE: RSI) ha lanzado su plataforma de póker en línea propietaria en Pennsylvania, desarrollada en asociación con el jugador profesional de póker Phil Galfond. La plataforma BetRivers Poker cuenta con juegos de efectivo, torneos y elementos innovadores como Avatares Dinámicos y Torneos Cub3d Sit and Go. La plataforma se integra con las salas de póker del Rivers Casino en Pittsburgh y Filadelfia, ofreciendo una experiencia conectada en línea y en el comercio minorista. Se enorgullece de tener una de las comisiones más bajas en Pennsylvania y está integrada en el programa iRush Rewards. El lanzamiento incluye colaboración con la serie Poker Night in America, con planes de expansión a otras jurisdicciones.
러쉬 스트리트 인터랙티브(Rush Street Interactive, NYSE: RSI)는 전문 포커 플레이어 필 갈폰드(Phil Galfond)와 협력하여 개발한 고유의 온라인 포커 플랫폼을 펜실베이니아에서 출시했습니다. BetRivers Poker 플랫폼은 캐시 게임, 토너먼트 및 다이나믹 아바타(Dynamic Avatars)와 Cub3d Sit and Go 토너먼트와 같은 혁신적인 요소를 특징으로 합니다. 이 플랫폼은 피츠버그와 필라델피아에 있는 리버스 카지노의 포커 룸과 통합되어 온라인과 오프라인 모두에서 연결된 경험을 제공합니다. 펜실베이니아에서 가장 낮은 수수료를 자랑하며 iRush Rewards 프로그램에 통합되어 있습니다. 이번 출시에는 Poker Night in America 시리즈와의 협업이 포함되어 있으며, 추가 지역으로의 확장을 계획하고 있습니다.
Rush Street Interactive (NYSE: RSI) a lancé sa plateforme de poker en ligne propriétaire en Pennsylvanie, développée en partenariat avec le joueur de poker professionnel Phil Galfond. La plateforme BetRivers Poker propose des jeux d’argent, des tournois et des éléments innovants tels que des Avatars Dynamiques et des Tournois Cub3d Sit and Go. La plateforme s’intègre aux salles de poker du Rivers Casino à Pittsburgh et Philadelphie, offrant une expérience en ligne et au détail connectée. Elle se vante d’avoir l’une des plus basses commissions en Pennsylvanie et est intégrée au programme iRush Rewards. Le lancement comprend une collaboration avec la série Poker Night in America, avec des projets d’expansion dans d’autres juridictions.
Rush Street Interactive (NYSE: RSI) hat seine proprietäre Online-Pokerplattform in Pennsylvania gestartet, die in Zusammenarbeit mit dem professionellen Pokerspieler Phil Galfond entwickelt wurde. Die Plattform BetRivers Poker bietet Cash-Spiele, Turniere und innovative Elemente wie Dynamische Avatare und Cub3d Sit and Go-Turniere. Die Plattform ist mit den Pokerzimmern des Rivers Casino in Pittsburgh und Philadelphia verbunden und bietet ein nahtloses Online- und Einzelhandelserlebnis. Sie verfügt über eine der niedrigsten Rakes in Pennsylvania und ist in das iRush Rewards-Programm integriert. Der Launch umfasst eine Zusammenarbeit mit der Serie Poker Night in America, mit Plänen zur Expansion in weitere Jurisdiktionen.
Positive
- Launch of proprietary poker platform expanding product offering
- Integration with retail casino operations creating additional revenue streams
- Among the lowest rake rates in Pennsylvania, potentially attracting more players
- Cross-vertical integration with iRush Rewards program enhancing player retention
- Partnership with established poker professional Phil Galfond adding credibility
Negative
- initial launch to Pennsylvania market only
- Entering highly competitive online poker market
Insights
This proprietary poker platform launch represents a strategic expansion of RSI’s gaming portfolio that could significantly impact revenue streams. The partnership with Phil Galfond adds credibility and expertise, while the integration with Rivers Casinos creates a valuable omnichannel ecosystem. The low rake strategy and comprehensive rewards program position BetRivers competitively in the Pennsylvania market.
Key differentiators include innovative features like Dynamic Avatars and Cub3d SNGs, plus the synergy with Poker Night in America for marketing reach. The platform’s potential to drive cross-vertical revenue through the iRush Rewards program is particularly noteworthy. While initial launch is to Pennsylvania, the
The online poker market represents a significant opportunity, with Pennsylvania being one of the largest regulated iGaming markets in the US. RSI’s comprehensive approach combining proprietary technology, professional expertise and retail integration creates multiple competitive advantages. The low rake strategy could accelerate player acquisition and market share growth in a competitive landscape.
The platform’s integration with Rivers Casinos’ physical poker rooms provides a unique value proposition that could drive higher player retention and lifetime value. The Poker Night in America media partnership offers cost-effective marketing channels to build brand awareness and acquire customers, potentially reducing customer acquisition costs.
BetRivers Collaborates with Rivers Casino Poker Rooms to Connect Online and Live Poker Experiences
CHICAGO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced the official launch of its highly anticipated proprietary online poker platform, in close partnership with Phil Galfond, a widely respected figure in the poker community. This ground-breaking launch marks a significant milestone in RSI’s broader poker strategy, offering a unique player-first experience designed by poker players, for poker players.
Designed by Poker Players for Poker Players
The BetRivers Poker platform was crafted through continuous real-time feedback from those who know the game best, including the experienced senior leadership team, many of whom are former professional poker players themselves. Their hands-on involvement has ensured that every feature, from game variety to reward systems, serves the poker community authentically.
A key differentiator of the BetRivers Poker platform is the deep involvement of Phil Galfond—not just as an ambassador, but as a vital partner in its design and development. As a professional poker player and industry innovator, Galfond brings invaluable insight into the game, ensuring the platform is finely tuned to meet the needs of poker players at every level.
“As poker players, we designed this platform from the ground up to be for the players – all players. From the amateur playing their very first hand to the sophisticated pro, everyone was kept in mind as we focused on fairness, excitement, and generous rewards that truly benefit the player,” said Phil Galfond. “I’ve been heavily involved in the game design, promotions, and policy decisions, and, more importantly, in building an incredible team that sees online poker the way I do.”
Innovative Features and Game Variety
BetRivers Poker offers a comprehensive suite of game formats, including cash games, Sit & Go tournaments, and Multi-Table Tournaments (MTTs), catering to players of all skill levels. The platform also introduces unique features like Dynamic Avatars, which provide players with real-time insights into their opponents’ play styles. These avatars dynamically adjust their expressions based on the opponent’s behavior, offering an intuitive and engaging way to read the competition. Additionally, the Cub3d Sit and Go Tournaments (SNGs) allow players to win up to 1500x their buy-in in minutes.
Expanding the Reach to Omnichannel Poker with Rivers Casinos
RSI’s collaboration with the renowned poker rooms at Rivers Casinos in Pittsburgh and Philadelphia enhances the poker experience for retail players, offering additional rewards and promotions that connect online and in-person play. Retail players can enjoy integrated rewards and seamless transitions between digital and live poker environments, making it easier to engage and play across both platforms. This omnichannel approach adds value for Rivers Casino’s poker community while offering all players the benefits of playing both online and live.
“We are incredibly excited about the launch of this platform. Our goal is to create a seamless experience for players, bridging the gap between the BetRivers digital and Rivers Casino offerings,” said Richard Schwartz, Chief Executive Officer of Rush Street Interactive. “By aligning with Rush Street Gaming’s strong retail presence, we are able to leverage our combined strengths to offer a truly unique poker experience that benefits players and drives growth across our entire portfolio.”
Tim Drehkoff, Chief Executive Officer of Rush Street Gaming, added, “This launch reinforces our commitment to offering Rivers Casino’s guests a wide variety of gaming options. By integrating online and in-person poker, we’re not only enhancing the player experience, but also providing a seamless loyalty and rewards program. We’re committed to continuing to innovate and provide value to our players.”
Low Rake & iRush Rewards Program
BetRivers Poker will offer among the lowest rake in Pennsylvania, giving players more value with every hand. Players also benefit from poker’s integration into the award-winning BetRivers iRush Rewards program, where they can earn and redeem points across both digital and retail properties. This cross-vertical integration highlights RSI’s dedication to delivering value across all gaming verticals, including online casino and sportsbook, with poker expected to drive a substantial overall revenue uplift.
Collaboration with Poker Night in America TV Series
BetRivers Poker’s reach will be expanded through its association with the well-known Poker Night in America (PNIA) series, owned by RSI. BetRivers Poker will appear across PNIA’s platforms, including social media, streaming, and its TV show, with plans to increase its presence over time. This exposure will help introduce BetRivers Poker to a broader audience of poker enthusiasts, leveraging PNIA’s established reach and influence in the poker community.
The Future of BetRivers Poker
The BetRivers online poker platform will initially launch in Pennsylvania, with plans to expand into additional jurisdictions as part of RSI’s long-term strategy. With its innovative features, strong partnerships, and a commitment to putting the player first, BetRivers is set to become the premier destination for online poker.
About Rush Street Interactive
RSI is a trusted online gaming and sports entertainment company focused on markets in the United States, Canada and Latin America. Through its brands, BetRivers, PlaySugarHouse and RushBet, RSI was an early entrant in many regulated jurisdictions. It currently offers real-money mobile and online operations in fifteen U.S. states: New Jersey, Pennsylvania, Indiana, Colorado, Illinois, Iowa, Michigan, Virginia, West Virginia, Arizona, New York, Louisiana, Maryland, Ohio and Delaware, and, as well as in the regulated international markets of Colombia, Ontario (Canada), Mexico and Peru. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the EGR North America Awards Customer Services Operator of the Year five years in a row (2020-2024), the 2022 EGR North America Awards Operator of the Year and Social Gaming Operator of the Year, and the 2021 SBC Latinoamérica Awards Sportsbook Operator of the Year. RSI was the first U.S.-based online casino and sports betting operator to receive RG Check iGaming Accreditation from the Responsible Gaming Council. For more information, visit www.rushstreetinteractive.com.
About Rush Street Gaming
Rush Street Gaming and its affiliates have developed and operate Rivers Casino in Pittsburgh, Pennsylvania; Philadelphia, Pennsylvania; Des Plaines, Illinois (Chicago area); Schenectady, New York; and Portsmouth, Virginia. By placing an emphasis on superior design and outstanding customer service, Rush Street Gaming has become one of the leading casino developers in the United States. Rush Street’s casinos employ approximately 6,000 Team Members and generate more than
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. RSI’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, RSI’s expectations about its launch of online poker, the anticipated scope, benefits, results of online poker and future expansion, as well as RSI’s relative rake levels compared to competitors. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside RSI’s control and are difficult to predict. Factors that may cause such differences include, without limitation, changes in applicable laws or regulations, unanticipated product or service delays, and other risks and uncertainties indicated from time to time in RSI’s most recent Annual Report on Form 10-K, including those under “Risk Factors” therein, and in RSI’s other filings with the SEC. RSI cautions that the foregoing list of factors is not exclusive. RSI cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. RSI does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Contacts
Media:
lisa@lisajohnsoncommunications.com
Investors:
ir@rushstreetinteractive.com
FAQ
When did Rush Street Interactive (RSI) launch its online poker platform in Pennsylvania?
Rush Street Interactive (RSI) launched its online poker platform in Pennsylvania on October 31, 2024.
What unique features does BetRivers Poker platform offer?
BetRivers Poker offers Dynamic Avatars that provide real-time insights into opponents’ play styles, Cub3d Sit and Go Tournaments with up to 1500x buy-in wins, and integration with Rivers Casino poker rooms.
How does RSI’s poker platform integrate with physical casinos?
The platform integrates with Rivers Casino poker rooms in Pittsburgh and Philadelphia, offering connected rewards and promotions between online and in-person play.
What is the rake structure for RSI’s poker platform in Pennsylvania?
BetRivers Poker offers among the lowest rake in Pennsylvania, though specific rates are not disclosed in the press release.