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Rush Street Interactive Focusing on Core ICasino Strategy, Not Prediction Markets

Rush Street Interactive (RSI), the digital gaming arm of Rush Street Gaming, used its third-quarter 2025 earnings call to highlight a disciplined approach to forecast markets while highlighting momentum in its regulated core.
CEO Richard Schwartz said the business will not leader prediction-market offerings amid uncertain federal and state legality.
- RSI will not be a very first mover in forecast markets; compliance and license defense take precedence.
- The strategic focus remains on its regulated iCasino and sportsbook, where RSI sees long lasting development and exceptional retention.
- Prediction markets are seen more as a policy driver that could speed iCasino legalization than as an existing product top priority.
Schwartz emphasized that safeguarding state gaming licenses outweighs chasing a still-ambiguous classification. "We aren't going to be a pioneer," he kept in mind, framing any future participation as contingent on clear, consistent rules and an even competitive field.
RSI is focusing management time, capital, and product resources on its highest-value engine: online casinos, complemented by a gradually enhancing sportsbook. The company highlighted its record sales and faster user growth in North American iGaming markets, attributing these gains to its own innovation, improved marketing efficiency, and sped up version.
Schwartz also cast prediction markets as a potential legislative accelerant instead of a near-term product lane. If they erode taxable sportsbook profits, he argued, states might move quicker to legalize online casinos, a result that would favor RSI's capabilities and economics.
The company repeated it will continue to watch forecast markets and adopt proven functions just within a clearly controlled framework. In the meantime, RSI's focus remains on broadening into jurisdictions where iGaming is legal or impending and on advancing item distinction and payment development that deepen retention in its core.
Caesars maintains cautious approach to forecast markets
Large hospitality and gambling conglomerates, such as Caesars Entertainment, are also exercising caution regarding prediction markets.
During the operator's Q3 2025 revenues call Oct. 28, CEO Tom Reeg declared that Caesars will not risk any of its licenses by participating in unregulated contract-trading platforms, which lots of regulators have actually related with sports betting.
Reeg said Caesars would only go into the prediction markets space "if there's a path that establishes" that can make sure regulatory compliance. He added that the company is monitoring advancements carefully however will focus on protecting its gaming licenses.
Caesars Digital president Eric Hession verified forecast market combination stays under review but stated the company is in no rush to devote, choosing to see how competitors manage regulatory difficulties first.
Regulators in Nevada, Pennsylvania, Michigan, and Arizona have actually all provided cautions that event-contract trading could violate gambling laws. As a result, numerous operators have paused or limited activities in these states till the legal status of prediction markets becomes clearer.