PlaySugarHouse.com's Launch Of Sportsbook Helps To Double Its NJ Revenues From August To September

SugarHouse Online Sportsbook & Casino Sees Strong Growth in Live In-Game Betting

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Oct 08, 2018, 09:00 ET

CHERRY HILL, N.J., Oct. 8, 2018 /PRNewswire/ -- Since launching its sportsbook in August, SugarHouse Online Sportsbook & Casino more than doubled its month-over-month revenues from August 2018 to September 2018. It's a great time to be a sports fan in New Jersey, with legal sports betting allowing fans to get in on the action, and PlaySugarHouse.com is proud to be a part of the excitement.

The team at Rush Street Interactive, which operates the site, has seen live in-game betting growing tremendously, week over week. The start of the NFL season resulted in more than double the volume of bets on the PlaySugarHouse.com site and those numbers continue to escalate. Betting on mobile devices is proving to be very popular with over 80% of all bets occurring on them.

"We're very happy with the numbers we are seeing," said Mattias Stetz Chief Operating Officer of Rush Street Interactive, which operates SugarHouse Online Sportsbook & Casino. "We see that the player base is continuing to grow as the word spreads about the quality and volume of the different live in-game bets at PlaySugarHouse.com. We are at the start of the football season and are excited to see our numbers keep climbing."

Football is the most popular sport for players in New Jersey to wager on. There are at least 50 different betting options during any given game, allowing players to bet on things like how many touchdowns a quarterback will throw, the outcome of the current drive, or if a team can cover the spread. These options are interesting to our players and we expect live betting will grow in the future.

"Our casino bets have also grown since the launch of sports betting," added Stetz. "Thanks to the deep integration of the sportsbook and the casino in both Android and iOS mobile apps and the desktop site, and players being able to use the same account and wallet, PlaySugarHouse.com casino has also grown across the board."

About Rush Street Interactive
Rush Street Interactive was founded by pioneers in the internet gaming industry with decades of collective experience in developing and operating online gaming sites. The Chicago-based business launched its first casino site, PlaySugarHouse.com in NJ, in September 2016 and in August 2018 it added an integrated sportsbook. Additionally, RSI was the first U.S. gaming company to launch a regulated online sportsbook in Latin America. Rush Street Interactive is also the developer and operator of a leading social gaming platform that is currently deployed at Rush Street-affiliated casinos (Rivers Casino in Pittsburgh, SugarHouse Casino in Philadelphia, Rivers Casino in Des Plaines, Illinois and Rivers Casino and Resort in Schenectady, New York), as well as selected third party partners. For more information, visit https://rushstreetgaming.com/interactive. SugarHouse Online Sportsbook & Casino website: www.playsugarhouse.com

SOURCE Rush Street Interactive