Rush Street Interactive has disclosed what is dubbed as “a comprehensive partnership” with US Integrity as the sports betting and igaming operator looks to maintain the evolution of its BetRivers and PlaySugarHouse brands throughout the US and Canada.
The tech-driven group, which conducts analysis across an array of data sets in a bid to identify irregular contest-level, officiating and wagering patterns, will provide RSI with integrity monitoring services via its proprietary dashboard.
“US Integrity is proud to partner with RSI and assist as they successfully grow their brands across the US and Canadian regulated sports wagering market” commented Matthew Holt, USI’s CEO & co-founder.
“USI’s mission is to provide conflict-free, best in class insights & compliance solutions to our clients. We are looking forward to working with the exceptional team that operates BetRivers and PlaySugarHouse.
“As a partner, RSI is committed to the highest integrity standards to ensure sports betting integrity and strengthen the unique and proprietary anomaly detection tools we have developed at US Integrity.”
RSI, a partner of USI since May of last year, has subsequently expanded its alliance with the group after launching operations in the Canadian province of Ontario.
The operator, which also boasts operational sportsbooks in thirteen US states, has also reaffirmed plans of maintaining its expansion strategy into additional North American markets.
“We are excited to be working with US Integrity to independently ensure only the highest levels of athletic and sports wagering integrity as we expand our industry leading brands across the US and Canadian markets,” said Richard Schwartz, RSI’s CEO.
“USI’s commitment to maintaining integrity, as well as their proactive approach, will play a pivotal role in detecting and preventing potentially suspicious wagering activity.”
Last month, RSI reported that revenue through the year’s first quarter rose 21 per cent to $134.9m (2021: $111.8m), however, new loss swelled from $100,000 one year ago to $52.3m, as adjusted EBITDA also grew to close the three month period at $43.4m (2021: $15.1m).
Adjusted advertising and promotions expense increased to $66.3m (2021: $40.5m) during the first quarter, with real-money monthly active users in the US up 32 per cent year-on-year to over 150,000 with average revenue per MAU dropping to $265m (2021: $302).