BetRivers Poker Expands Across Four States, RSI Stock Sees 16% Upside

Rush Street Interactive (RSI) has expanded its BetRivers Poker platform to Delaware, Michigan, and West Virginia, following a successful launch in Pennsylvania. The integration allows players to participate in larger tournament prize pools and more robust cash games across four states. RSI aims to extend BetRivers Poker into New Jersey later this year. The company reported a 21% YoY increase in revenue for Q1 2025, reaching $262 million, with adjusted EBITDA nearly doubling compared to the same period last year.

Title: Rush Street Interactive Expands BetRivers Poker to Delaware, Michigan, and West Virginia

Rush Street Interactive, Inc. (RSI) has announced the expansion of its proprietary online poker platform, BetRivers Poker, into Delaware, Michigan, and West Virginia. This multi-state launch follows a successful debut in Pennsylvania last November and marks a significant milestone in merging player pools across four states, creating a larger, more competitive network [1].

The expansion allows players to compete across state lines, resulting in bigger tournament prize pools, deeper cash-game fields, and more consistent action. RSI also plans to launch BetRivers Poker in New Jersey later this year [2]. The company's CEO, Richard Schwartz, noted that the unified cross-state player pool significantly enhances the BetRivers Poker experience, bringing more players to the tables, offering a wider variety of games, and raising the stakes with larger tournament prize pools [3].

BetRivers Poker, developed with direct input from the poker community, led by poker pro and industry innovator Phil Galfond, offers a comprehensive suite of game formats, including cash games, Sit & Go tournaments, and Multi-Table Tournaments (MTTs). Notable features include dynamic avatars that react to gameplay with playful, real-time expressions, Cub3d Sit & Go tournaments with up to 1500x buy-in, and an intuitive, player-driven design based on community feedback [3].

The platform continues to grow its digital presence through its long-running Poker Night in America (PNIA) show and the new PokerBratTV on YouTube, where poker fans can engage with exclusive content, player interactions, live-streamed events, and even compete alongside legends like Hellmuth and Galfond [3].

In addition to the online expansion, BetRivers Poker remains integrated with Rivers Casinos in Pennsylvania, providing players with in-person poker opportunities and live events [1].

The expansion coincides with RSI's strong financial performance. The company reported a 21% year-over-year (YoY) increase in revenue for Q1 2025, reaching $262 million, with adjusted EBITDA nearly doubling compared to the same period last year [4].

References

[1] https://www.marketscreener.com/quote/stock/RUSH-STREET-INTERACTIVE-I-105997968/news/Rush-Street-Interactive-Launches-Multi-State-Betrivers-Poker-Network-Unifying-Players-Across-Four-S-50203225/
[2] https://seekingalpha.com/news/4456868-rush-street-interactive-launches-multi-state-betrivers-poker-network
[3] https://www.morningstar.com/news/globe-newswire/9466187/rush-street-interactive-launches-multi-state-betrivers-poker-network-unifying-players-across-four-states
[4] https://www.gurufocus.com/news/2909317/insider-sell-einar-roosileht-sells-70000-shares-of-rush-street-interactive-inc-rsi