RSI Reports Q1 2025 Earnings with Revenue Growth and Improved Margins
RSI reported Q1 2025 earnings with total revenue of $262.4 million, up 21% year-over-year, driven by growth in online casino and sports. Adjusted EBITDA nearly doubled to $33.2 million, and gross profit margin improved to 34.9%. The company also highlighted regional growth in North America and Latin America, though some markets faced challenges like VAT in Colombia.
Tickers: $DKNG
Topics: Cash Position EBITDA Market Expansion Marketing Efficiency Online Casino Regional Performance Revenue Growth Share Repurchases Sports Betting User Growth