Top Five U.S. Gaming Company RSI Partners
With Media Conglomerate Grupo Multimedios
Mexico’s Population of More Than 130 Million
Can Now Register, Deposit Funds, and Place Bets at
RushBet.mx
Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading
online casino and sports betting company in the United States,
Canada and Colombia, today announced that its popular RushBet
online casino and sportsbook is live in Mexico, having launched
June 30, 2022. More than 130 million potential players, aged 18 and
older, can sign-up now and begin wagering at RushBet.mx and on the
RushBet mobile applications.
RushBet operates an innovative online casino that includes over
350 of the latest slot machines and table games, including
Evolution’s live dealer table games. Live dealer games combine the
convenience and ease of online gambling with the trustworthy and
social aspect of being at real tables with real dealers in real
time. The RushBet online sportsbook offers sports fans the
opportunity to wager on numerous leagues around the world such as
top international soccer leagues including Liga MX, the English
Premier League and La Liga, and other favorite sports leagues like
the NFL, MLB and NBA. Core features of the RushBet online platform
include live streaming on a wide variety of sports from around the
world, its fun and unique loyalty and bonusing features for
qualifying players, intuitive yet innovative user interface, strong
transactional performance and speed, and automated withdrawal
approvals, all supported by a professional, friendly and trust
worthy customer service that has been named the best in the
industry at the EGR North America Awards. Users can access the
RushBet online casino and sportsbook via Android and iOS apps in
the Google Play Store and Apple App Store, respectively, affording
easy access to a comprehensive selection of gaming options.
Richard Schwartz, Chief Executive Officer of RSI, said, “We are
thrilled to build upon RSI’s track record of success in Latin
America to now bring the millions of Mexican gaming enthusiasts
into the expanding RushBet community. We will deliver the same
best-in-class products and trusted services that our players in
other markets, such as Colombia, where we are top 3 in amounts
wagered, have come to expect and appreciate. At RushBet we always
put the player experience first – focusing on earning and retaining
player trust, be it through our array of proprietary betting
options, fast and easy payouts, or efficient and helpful customer
support. That is why we are confident that RushBet will become one
of Mexico’s preferred online casino and sports betting
destinations.”
To bring RSI’s award-winning online gaming platform to Mexico,
RSI has exclusively partnered with Mexican media conglomerate Grupo
Multimedios. Under the terms of the 25-year agreement, RSI will
operate online casino and sports betting countrywide in close
partnership with Grupo Multimedios, a subsidiary of which holds a
license to operate online gaming in Mexico. The partnership also
enables RSI to leverage Grupo Multimedios’ vast array of media
assets and distribution channels for promotional and content
integration purposes.
Grupo Multimedios, whose rich history in Mexico dates back 89
years, spans multiple industries including media, sports,
entertainment, wines, food, retail and real estate. The company’s
portfolio of media assets encompasses television, radio, print,
billboards, and digital, and includes Mediotiempo, a digital sports
property attracting more than 7 million unique users per month, and
growing at a 29% CAGR; Milenio, the number one digital national
news and information source in Mexico; and Canal 6, its network of
22 television stations and 63 radio stations.
RSI’s partner, Grupo Multimedios, started with a strong presence
in its home base of Monterrey and has been able to deploy its
coverage throughout the Mexican market. It has expanded into
several businesses beyond media and holds ownership in sports
teams, including the Sultanes de Monterrey, one of the most
prestigious teams in the Mexican Baseball Leagues, as well as
Fuerza Regia, professional basketball team.
Mr. Schwartz added, “Grupo Multimedios is one of the most
respected media enterprises in Mexico, making them a great partner
for us to launch and accelerate our online gaming operations in the
country. Mexico represents an attractive market opportunity, with a
population of more than 130 million. When combined with Colombia’s
population of 50 million, this new market greatly expands RSI’s
offering in Latin America.”
Angel Cong, Co-CEO of Multimedios, said, “It is very exciting to
launch with RSI and bring the first major U.S.-based online
operator to Mexico. RSI has proven to be successful in the North
American and Colombian online casino and sportsbook markets, and
together we will leverage our media assets to achieve the same in
Mexico. Our goal is to work with RSI to create the best and most
trusted online casino and sports betting experience in the Mexican
market.”
RSI was the first U.S. gaming company to launch a regulated
online sportsbook in Latin America when it launched RushBet.co in
2018. In 2021, the RushBet platform was recognized as Sportsbook
Operator of the Year at the SBC Latinoamérica Awards.
About Rush Street Interactive RSI is a trusted online
gaming and sports entertainment company focused on markets in the
United States, Canada and Latin America. Through its brands,
BetRivers, PlaySugarHouse and RushBet, RSI was an early entrant in
many regulated jurisdictions. It currently offers real-money mobile
and online operations in thirteen U.S. states: Pennsylvania,
Illinois, New Jersey, New York, Connecticut, Michigan, Indiana,
Virginia, Colorado, Iowa, West Virginia, Arizona and Louisiana, as
well as in the regulated international markets of Ontario, Canada
and Colombia. RSI offers, through its proprietary online gaming
platform, some of the most popular online casino games and sports
betting options in the United States. Founded in 2012 in Chicago by
gaming industry veterans, RSI was named the 2022 EGR North America
Awards Operator of the Year, Customer Services Operator of the Year
and Social Gaming Operator of the Year, and the 2021 SBC
Latinoamérica Awards Sportsbook Operator of the Year. RSI was the
first U.S.-based online casino and sports betting operator to
receive RG Check iGaming Accreditation from the Responsible Gaming
Council. For more information, visit
www.rushstreetinteractive.com.
About Grupo Multimedios Multimedios is the fastest
growing and most relevant media group in Mexico. Since its
foundation in 1933 as a single radio broadcasting station in
Monterrey, Mexico, the company has multiplied its value and reach
through new innovative media outlets, and now has presence not only
in Mexico, but also the United States, Spain and Central
America.
Multimedios is composed of several prestigious brands in various
sectors. In news and broadcasting it includes Milenio and
Telediario; in entertainment, Canal 6, Canal 8 and 63 radio
stations; in outdoor advertising, Pol, which has more than 6,000
advertising panels in Mexico and Central America. It also
participates in commercial printing with the brand Multigrafica,
which has 3 printing facilities in Mexico. In sports, Multimedios
owns successful digital sports native Mediotiempo, an online sports
information platform, and the trustworthy brand with legacy: La
Afición.
Multimedios takes advantage of its traditional and digital
content creation process, one of its core competencies, to
participate in book publishing, with a robust portfolio of top
brands: Madre Editorial, Ríos de Tinta, App Editorial and
Librotea.
The holding company, owner of Multimedios, has interest in the
following sectors to maintain a diverse and balanced investment
portfolio: Real Estate, Basketball and Baseball teams, Wines &
Spirits, Retail, Food and Entertainment, and Sustainability.
Forward-Looking Statements This press release includes
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. RSI's actual results may differ from their expectations,
estimates and projections and consequently, you should not rely on
these forward-looking statements as predictions of future events.
Words such as "expect," "estimate," "project," "budget,"
"forecast," "anticipate," "intend," "plan," "may," "will," "could,"
"should," "believes," "predicts," "potential," "continue," and
similar expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, RSI's expectations about the expected benefits of its
partnership with Grupo Multimedios and its anticipated scope,
benefits and results of its operations and future performance in
the country of Mexico. These forward-looking statements involve
significant risks and uncertainties that could cause the actual
results to differ materially from the expected results. Most of
these factors are outside RSI's control and are difficult to
predict. Factors that may cause such differences include, without
limitation, changes in applicable laws or regulations,
unanticipated product or service delays, and other risks and
uncertainties indicated from time to time in RSI's most recent
Annual Report on Form 10-K, including those under "Risk Factors"
therein, and in RSI's other filings with the SEC. RSI cautions that
the foregoing list of factors is not exclusive. RSI cautions
readers not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. RSI does not
undertake or accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
to reflect any change in its expectations or any change in events,
conditions or circumstances on which any such statement is
based.
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version on businesswire.com: https://www.businesswire.com/news/home/20220707005126/en/
For RSI Media: Lisa Johnson (609) 788-8548
lisa@lisajohnsoncommunications.com Investors:
ir@rushstreetinteractive.com
For Grupo Multimedios Media: Israel Gutierrez
israel.gutierrez@multimedios.com 81 8880 4455
Legal: Diana Fernandez diana.fernandez@milenio.com 55 5140
4900
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