Rush Street Interactive (RSI) has appointed its co-founder and president Richard Schwartz as its new chief executive, while the online casino and sports betting operator also revealed that a 134.1% rise in revenue in the first half led to a significant drop in net loss.
Schwartz has been promoted to the new role with immediate effect and will also join RSI’s board of directors.
Having founded RSI in 2012, Schwartz served as president since inception, overseeing the product, operations, business development, regulatory compliance and legal functions for the operator.
Prior to this, Schwartz started and led the interactive business for WMS Industries, now Scientific Games, and before joining the gambling industry, was an executive at Telecom Italia Lab USA.
Greg Carlin, who previously led RSI as chief executive, moves into the role of vice chairman.
