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Rush Street says sports contracts are outside prediction market plans

By SectorWire desk ·

Summary

The report said that Rush Street Interactive RSI · USD 18.52 2026-10-16 Data chief executive Richard Schwartz said the company has no plans to enter sports prediction markets. He acknowledged that the operator applied for designated contract market licensing in May.

Why it matters

The company is exploring prediction market licensing while excluding sports contracts from its stated plans.

Entity mapoperates inoperates inRush Street InteractivRichard SchwartzAlbertaPeru
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