Rush Street Interactive (RSI), a company that manages investments, said it would continue to be selective after reporting a higher net loss in its 2022 financial years.
RSI stated that it had become more disciplined and efficient with its marketing spending in the third quarter. This was with the goal of targeting markets where it can experience the best returns.
Although marketing spending increased in the last quarter of the year by a significant amount, Richard Schwartz, chief executive, stated that the operator remains committed to a more selective approach to spending and the idea of prioritising investments made in specific areas.