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Rush Street Interactive : Announces Fourth Quarter and Full Year 2020 Results

- Full Year 2020 Revenue of $278.5 Million, up 337% Year-over-Year - - Full Year 2021 Revenue Guidance Raised 37% to between $420 and $460 Million - Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States, today announced financial results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Financial Highlights Revenue was $100.0 million during the fourth quarter of 2020, an increase of 260%, compared to $27.8 million during the fourth quarter of 2019. Net loss was $48.8 million during the fourth quarter of 2020, compared to a net loss of $15.1 million during the fourth quarter of 2019. 1 Advertising and promotions expense was $23.1 million, or 23% of revenue, during the fourth quarter of 2020, compared to $8.7 million during the fourth quarter of 2019.

Woody Paige: University of Denver should look at Welch, Dunlap for men s hoops coach

The University of Denver Pioneers have ascended to NCAA tournaments 199 times in 15 men’s and women’s sports. The athletic department of the prestigious private school, with an enrollment of only 11,600 students, has won a remarkable 33 national championships. But DU men’s basketball never has qualified for March Madness. Most seasons, particularly recently, the Pioneers do a February Flop. When Joe Scott, who compiled a decent 146-132 record, was fired in 2016, one of the plethora of associate vice chancellors declared: “We want to go to the NCAA Tournament.’’ Three days later former DU player Rodney Billups was hired. Over five seasons he was 48-94, with a 2-19 mark this season.

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