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Rush Street Interactive Inc. (RSI) stock surged on Wednesday, here is why?

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Rush Street Interactive Inc. (RSI) shares surged 6.67% in after-hours on Wednesday, September 15, 2021, and closed the daily trading at $17.91. In the regular trading session as well, RSI’s stock gained 6.13%. RSI shares have risen 25.30% over the last 12 months, and they have moved up 7.22% in the past week. Over the past three months, the stock has gained 24.93%, while over the past six months, it has declined 16.30%.

Let’s see what’s going on with the company?

RSI launched CityCasts™

On September 15, 2021, Rush Street Interactive, Inc (RSI) announced that it is premiering city-specific sports betting audio and video podcasts across the U.S. for BetRivers and PlaySugarHouse brands, this month. These locally-focused sports betting “CityCasts™,” are airing weekdays on multiple platforms to deliver news, analysis and insights to help sports bettors make more informed wagering decisions.

RSI participation in the recent conference

Rush Street Interactive, Inc (RSI) recently participated in a fireside chat at JP Morgan’s Gaming, Lodging, Restaurant & Leisure Management Access Forum on Tuesday, September 14, 2021, at 3:30 p.m. Eastern Time.

The company also participated in a fireside chat at Craig-Hallum’s Online Gaming Conference which was held on August 24, 2021.

RSI Launched Live Casino Tables

On September 2, 2021, BetRivers.com and PlaySugarHouse.com, which are operated by Rush Street Interactive, Inc. (RSI) launched their own branded live-casino studios for players in Pennsylvania and New Jersey. The launch of dual studios, in two of RSI’s largest markets, each currently provide three Blackjack tables available exclusively for BetRivers and PlaySugarHouse players to make it easier and faster to take a virtual seat at the popular online live dealer tables.

RSI new Brand Ambassador

On August 31, 2021, Rush Street Interactive, Inc announced the signing of Mark Schlereth, a three-time Super Bowl champion and veteran NFL analyst, to an exclusive brand and content deal with BetRivers.com.

Earlier on August 30, 2021, RSI signed James Blake, whose career-high singles ranking was World No. 4, to an exclusive brand and content deal with BetRivers.com.

RSI partnership With Field Of 68 Media Network

On August 26, 2021, as college football kicks off this weekend, Rush Street Interactive, Inc. (RSI) expanded its commitment to college football by signing an exclusive partnership for BetRivers.com with the Field of 68 and the Field of 12 media network.

RSI collaboration with Evolution

On August 19, 2021, Rush Street Interactive (RSI partnered with Evolution (EVO) to be among the first online casino operators in Michigan to debut the global entertainment company’s fan-favourite Red Tiger game studio on BetRivers.com. The newly launched games include Bounty Raid, 777 Strike and Reel Keeper. These popular games will soon be joined by Red Tiger’s Cash Vault, Piggy Riches Megaways™ and Gonzo’s Quest Megaways™ which are already player favourites on BetRivers.com in Pennsylvania.

Conclusion

The recent launch of CityCasts was the reason behind its exceptional performance on Wednesday and we can expect it to perform well in the coming days, based on its recent developments.

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