north america/BUSINESS AND FINANCE

BlackRock increases its stake in Rush Street Interactive to 13.3%.

BlackRock is seeking to increase its influence over Rush Street Interactive. This development aligns with BetRivers, the company's sports betting brand, as it continues to demonstrate strength.

Written by Casino House Group Editorial Team

Published on July 16, 2026

Summary

BlackRock is seeking to increase its influence over Rush Street Interactive.
This development aligns with BetRivers, the company's sports betting brand, as it continues to demonstrate strength.
BetRivers continues to report solid financial results and is planning to repurchase its shares.

BlackRock remains committed to Rush Street Interactive, the company behind BetRivers, which previously faced challenges but seems to be finally coming out on top.

BlackRock signals confidence in Rush Street Interactive and BetRivers

According to Legal Sports Report, BlackRock has made a notable move, now holding an estimated 13.3% stake in Rush Street Interactive, equivalent to 13.6 million shares. This marks a significant increase from March 2025, when BlackRock owned about 5.9% of the company. In May, it was reported that company insiders plan to sell a combined 10 million shares, following the firm's approval of a $100 million share repurchase program. BetRivers has also been experiencing steady growth. Back in 2023, it reported an EBITDA of just $8.2 million and revenue of $691.2 million. By 2025, these figures have significantly risen to $153.7 million in EBITDA and $1.1 billion in revenue. The company’s stock has been on an upward trajectory since early 2024, currently trading at $33.40, reflecting two years of mostly positive growth.