Rush Street Interactive (RSI) has been chosen by the Delaware State Lottery to spearhead the state’s online gaming endeavors. The partnership, with an initial term of five years, positions RSI as the key vendor for providing cutting-edge online gaming experiences in Delaware. This collaboration underscores the Delaware Lottery’s confidence in RSI’s industry-leading platform and its commitment to responsible gambling practices.
Key Points of the Partnership:
Strategic Selection by Delaware State Lottery:
Delaware State Lottery has selected RSI as its vendor for online gaming operations, emphasizing RSI’s proven track record, innovation, and commitment to responsible gaming.
The partnership spans an initial term of five years, with the possibility of renewal for an additional one-year term, subject to regulatory approvals.
RSI’s Experience and Commitment:
Richard Schwartz, CEO of RSI, highlights the significance of this collaboration, considering the Delaware Lottery’s backing as a validation of RSI’s platform and customer service excellence.
RSI, with a successful track record in Delaware, Pennsylvania, and New Jersey, brings its expertise to enhance online gaming experiences for Delaware consumers.
Delaware Lottery’s Trust in RSI:
Helene Keeley, Director of the Delaware Lottery, expresses confidence in RSI’s capabilities, citing the company’s achievements in neighboring jurisdictions and its strong commitment to responsible gaming practices.
The Delaware Lottery looks forward to working with RSI, recognizing the company as a respected iGaming and sports betting entity.
Overview of Delaware’s iGaming Landscape:
Pioneering iGaming Implementation:
Delaware made history in 2012 by becoming the first U.S. state to implement comprehensive intrastate iGaming, encompassing poker, slots, and bingo through the Delaware Gaming Competitiveness Act.
June 2023 iGaming Performance:
In June 2023, Delaware’s online gaming handle reached $37.9 million, marking an 8.3% YoY increase but a 14.3% MoM decrease.
Revenue from iGaming amounted to $1.1 million, reflecting a 35.9% YoY growth but an 8.3% decline from May.
RSI’s Recent Partnerships:
RSI continues to expand its partnerships, recently facilitating Hacksaw Gaming’s entry into the West Virginia iGaming market through a content distribution deal.
The collaboration between RSI and the Delaware State Lottery signifies a significant milestone in the online gaming landscape. As RSI takes the reins of Delaware’s online gaming business, the partnership promises to deliver innovative, secure, and responsible gaming experiences. The trust placed in RSI by the Delaware Lottery underscores the company’s position as a key player in the evolving U.S. iGaming market.