CHICAGO, Nov. 2, 2020 /PRNewswire/ -- Rush Street
Interactive (RSI), one of the fastest-growing online casino and
regulated online gaming companies in the
United States, is celebrating two more big wins, on the
heels of being named Global Gaming Awards Digital Operator of the
year last week, winning the Casino Operator of the Year and
the Customer Service Operator of the Year at the 2020 EGR
North America Awards. The EGR Awards are regarded as the gold
standard in the online gaming industry, celebrating North America's leading operators who have
shown outstanding performance in the past year.
The judges selected RSI as Casino Operator of the Year during a
year when RSI established itself as one of the top online casino
operators in the U.S. on the basis of its high-quality product and
operating service. For this award, RSI and its competitors were
judged on the originality of their product, the strength of the
brand and marketing, and innovations that set their offering apart
from competitors. Additional recognition was given to operators
demonstrating a strong regulated market business. Key criteria
included growth and commercial success; innovations and
differentiation; quality of product; customer acquisition and
retention strategies.
When explaining why RSI was selected as the top Casino Operator
of the Year in North America, one
of the gaming industry judges stated: "They are still the best in
this group, so I am keeping Rush Street Interactive as my top pick.
Best platform and impressive growth," and another noted RSI
is "Successfully going public, and staking a claim in
Illinois." In awarding RSI as the
Customer Service Operator of the Year, the judges determined RSI
stood out from the pack with their staff engagement in customer
satisfaction strategy; continual training and development;
continual measurement; competitive advantage; and impact on
retention.
The judges complimented RSI's Customer Service when selecting
them as the best of the best commenting: "One of the
best customer service teams in the US. The team is well
trained and extracts more PLV [player lifetime values] from
the players than most other operators," and "Really good entry
with great overview of process, procedures and people.
Rush Street Interactive's brands have a really
good reputation for customer care."
"This is an extreme honor to have so many of the gaming
industry's top leaders select RSI as both Casino Operator of the
Year and Customer Service Operator of the year," said Richard Schwartz, President of Rush Street
Interactive. "These recognitions are a tribute to the talents of
our interactive team and their dedication to continually improve
the quality of our product and customer experience.
These awards belong to our team as any success we experience is due
fully to their exceptional efforts and collaborative spirit."
Rush Street Interactive develops and operates a proprietary
online gaming platform powering internet casinos and sportsbooks,
and has established itself as the #1 online casino operator in the
U.S., according to Eilers & Krejcik Gaming's based on estimates
for the three months ended August 31,
2020.
Held virtually this year, The EGR North America Awards are the
gaming industry's most prestigious awards, recognizing and
rewarding the top performers of the past year.
On July 27, 2020, RSI entered into a business
combination agreement with dMY Technology Group, Inc. (NYSE:
DMYT.U, DMYT and DMYT WS). Upon the closing of the transaction, the
combined company intends to change its name to Rush Street
Interactive, Inc. and trade on the NYSE under the ticker symbol
"RSI."
About Rush Street Interactive
Founded in 2012 by gaming industry veterans Neil Bluhm, Greg
Carlin and Richard Schwartz,
RSI is a market leader in online casino and sports betting in the
U.S. The Company launched its first online gaming casino
site, PlaySugarHouse.com in New
Jersey, in September 2016 and was the first gaming
company to launch a regulated online gaming site in
Pennsylvania. With its BetRivers.com sites, Rush
Street Interactive was also the first to launch regulated online
gaming in the states of Indiana, Colorado and, most recently, Illinois. RSI has been an early mover in
Latin America and was the first
U.S.-based gaming operator to launch a legal and regulated online
casino and sportsbook, RushBet.co, in the country of Colombia. For more information,
visit www.rushstreetinteractive.com.
About dMY Technology Group
dMY Technology Group, Inc. is a $230
million special purpose acquisition company founded by
Niccolo de Masi and Harry You for the purpose of effecting a merger,
capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses. dMY's initial public offering was underwritten by
Goldman Sachs & Co. and UBS Investment Bank, and its common
stock, units and warrants trade on the NYSE under the ticker
symbols DMYT, DMYT-UN and DMYT-WT, respectively. More information
can be found at www.dmytechnology.com.
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. dMY's and 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, dMY's and RSI's expectations with respect to future
performance and anticipated financial impacts of the proposed
business combination, the satisfaction of the closing conditions to
the proposed business combination and the timing of the completion
of the proposed business combination. 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 dMY's and RSI's control
and are difficult to predict. Factors that may cause such
differences include, but are not limited to: (1) the occurrence of
any event, change or other circumstances that could give rise to
the termination of the definitive business combination agreement
(the "Agreement"); (2) the outcome of any legal proceedings that
may be instituted against dMY and RSI following the announcement of
the Agreement and the transactions contemplated therein; (3) the
inability to complete the proposed business combination, including
due to failure to obtain approval of the stockholders of dMY,
certain regulatory approvals or satisfy other conditions to closing
in the Agreement; (4) the occurrence of any event, change or other
circumstance that could give rise to the termination of the
Agreement or could otherwise cause the transaction to fail to
close; (5) the impact of COVID-19 on RSI's business and/or the
ability of the parties to complete the proposed business
combination; (6) the inability to obtain or maintain the listing of
dMY's shares of common stock on the New York Stock Exchange
following the proposed business combination; (7) the risk that the
proposed business combination disrupts current plans and operations
as a result of the announcement and consummation of the proposed
business combination; (8) the ability to recognize the anticipated
benefits of the proposed business combination, which may be
affected by, among other things, competition, the ability of RSI to
grow and manage growth profitably and retain its key employees; (9)
costs related to the proposed business combination; (10) changes in
applicable laws or regulations; (11) the possibility that RSI or
dMY may be adversely affected by other economic, business, and/or
competitive factors; and (12) other risks and uncertainties
indicated from time to time in the proxy statement relating to the
proposed business combination, including those under "Risk Factors"
therein, and in dMY's other filings with the SEC. dMY cautions that
the foregoing list of factors is not exclusive. dMY cautions
readers not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. dMY 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.
Important Information About the Proposed Business Combination
and Where to Find It
In connection with the proposed business combination, dMY filed
a preliminary proxy statement with the SEC on October 9, 2020 and intends to file a definitive
proxy statement with the SEC. dMY's stockholders and other
interested persons are advised to read, when available, the
preliminary proxy statement and the amendments thereto and the
definitive proxy statement and documents incorporated by reference
therein filed in connection with the proposed business combination,
as these materials will contain important information about RSI,
dMY and the proposed business combination. When available, the
definitive proxy statement and other relevant materials for the
proposed business combination will be mailed to stockholders of dMY
as of a record date to be established for voting on the proposed
business combination. Stockholders will also be able to obtain
copies of the preliminary proxy statement, the definitive proxy
statement and other documents filed with the SEC that will be
incorporated by reference therein, without charge, once available,
at the SEC's web site at www.sec.gov, or by directing a request to:
dMY Technology Group, Inc., Attention: Niccolo de Masi, Chief Executive Officer,
niccolo@dmytechnology.com.
Participants in the Solicitation
dMY and its directors and executive officers may be deemed
participants in the solicitation of proxies from dMY's stockholders
with respect to the business combination. A list of the names of
those directors and executive officers and a description of their
interests in dMY is contained in the Registration Statement on Form
S-1, which was filed by dMY with the SEC on January 31, 2020 and is available free of charge
at the SEC's website at www.sec.gov, or by directing a request to
dMY Technology Group, Inc., 1180 North Town Center Drive, Suite
100, Las Vegas, Nevada 89144.
Additional information regarding the interests of such participants
will be contained in the proxy statement for the proposed business
combination when available.
RSI and its directors and executive officers may also be deemed
to be participants in the solicitation of proxies from the
shareholders of dMY in connection with the business combination. A
list of the names of such directors and executive officers and any
information regarding their interests in the proposed business
combination will be included in the proxy statement for the
proposed business combination.
No Offer or Solicitation
This press release shall not constitute a solicitation of a
proxy, consent or authorization with respect to any securities or
in respect of the proposed business combination. This press release
shall also not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of
securities in any states or jurisdictions in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended.
For RSI Contacts:
Media:
Lisa Johnson
(609) 788-8548
lisa@lisajohnsoncommunications.com
Jonathan Gasthalter /
Carissa Felger / Nathaniel Garnick
(312) 319-9233 / (212) 257-4170
rsi@gasthalter.com
Investors:
rsi@icrinc.com
For dMY:
Niccolo de
Masi
(310) 600-6667
niccolo@dmytechnology.com
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SOURCE Rush Street Interactive