Slide 1: Investor Presentation
Investor Presentation July 2024 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the estimated future financial performance, financial position a
Slide 3: Investment Highlights
Investment Highlights A leading digital operator driven by an iCasino-centric strategy, innovative user experience and seasoned 1 management team 2 Rank in the top 5 operators for net revenue in iCasino and online sports betting in the United States Extensive market access to future iCasino markets
Slide 4: Company Highlights
Company Highlights Financial Highlights Business Highlights 1 Achieved record revenue of $220MM in 2Q24, up 34% Y-o-Y. 1 Grew U.S. iCasino revenue over 40% year-over-year. Grew Adjusted EBITDA to a record $21MM in 2Q24, up $20MM Y-o-Y as flow- In Latin America, and in US and Canadian markets launche
Slide 5: RSI's Market Access Creates Growth Opportunity and Paves the Way for iCasino
Online Sports Retail Sports Markets iCasino RSI’s Market Access Creates Growth Domestic Betting Betting Opportunity and Paves the Way for iCasino Arizona Colorado Delaware Market Access Partner of Choice Illinois Indiana RSI benefits from a larger potential TAM than most competitors due to Iowa Loui
Slide 6: Key Positioning in iCasino Markets
Key Positioning in iCasino Markets RSI is a top tier operator in all visible markets, operating in as many states as any other operator in the U.S. United States and Canada % of U.S. Adult Population in iCasino and OSB Markets West Delaware1 Pennsylvania Michigan New Jersey Ontario Virginia 41% 88%
Slide 7: Beachhead to Grow New Markets in LATAM
Beachhead to Grow New Markets in LATAM Existing Core Markets Population: 52MM COLOMBIA GDP per capita: $7.0k Regulatory Status: iCasino and OSB regulated Population: 128MM MEXICO GDP per capita: $13.9k Regulatory Status: iCasino and OSB regulated Population: 34MM Latin America PERU GDP per capita: $
Slide 8: Scalable Platform Proven to Increase Retention and Player Values
Scalable Platform Proven to Increase Retention and Player Values ROBUST, SCALABLE ARCHITECTURE MULTI-BRAND, MULTI-VERTICAL & MULTI-JDX • Modern end-to-end technology stack with modular architecture & • Demonstrated success operating multi-brands in the same market components (i.e., bonus abuse prote
Slide 9: Proprietary Promotional Games with Leading Third-party Content
Proprietary Promotional Games with Leading Third-party Content Breadth and Quality of Content Promotional Free-to-play Bingo Platform Offering market leading quality and selection Increase retention by rewarding brand loyalty 70+[TBD – Design working on relevant imagery] 4000+ • Frequently first to
Slide 10: RSI's iCasino Product Improves Player Experience through Community Engagement
RSI’s iCasino Product Improves Player Experience through Community Engagement P2P Community Moderator Chat Multi-player Online Casino Tournaments Increased engagement through connectivity Increase engagement through competitions • Free-to-play tournament system supports a broad range of casino game
Slide 11: Exclusive Differentiated Retention Tools for Sportsbook Bettors
Exclusive Differentiated Retention Tools for Sportsbook Bettors The Basketball Squares promotional game has helped drive material growth in key Same Game Parlay (“SGP”) wagers and increased retention for participating customers. In Q2, NBA SGP bets increased 55% y/y. In addition, in Q2 Prop Central
Slide 12: Casino Led Strategy with Attractive Demographics & Unit Economics
…And Casino Led Strategy with Attractive Demographics & Unit Economics Broader Demographics Better Monetization Larger Market • Large cohort of female slot players generates • Users of iCasino have a GGR that is 5x higher than an • iCasino TAM is 3x the size of online sports betting in diversificati
Slide 13: The BetRivers Network Enhances User & Brand Engagement
The BetRivers Network Enhances User & Brand Engagement RSI's in-house media outlet produces YouTube-focused content, including must-watch poker, iGaming companion entertainment, expert previews for key betting sports, and local sports shows for fans & bettors alike Commentary • BetRivers Network spo
Slide 14: Strong Player Value & Retention
Strong Player Value & Retention • Increasing player value over time – over $4,000 per player after 46 months1 • Strong retention and new markets expected to drive continued revenue growth Avg LTV for All U.S. & Ontario Cohorts Since Inception1 Quarterly Net Revenue by Yearly Cohort ($MM) 2 Launches
Slide 15: Award-Winning Customer Service
RSI has won EGR “Customer Service Operator of the Year” Award-Winning Customer Service 5 years straight – every year since the award’s inception In the second quarter of 2024, First Contact Resolution has increased by 9%, Customer Satisfaction has increased by 5.4%, and Net Promoter Score has increa
Slide 16: Strong Growth Across Regions
Strong Growth Across Regions Demonstrated history of growing revenues across regions over the long-term from an expanding user base while maintaining strong revenue per user metrics U.S. & Canada1 LATAM2 Average Monthly Active Users (“MAUs”) Average Monthly Active Users (“MAUs”) 200,000 400,000 Mexi
Slide 17: 140+ Years of Collective C-Suite Gaming Industry Experience
140+ Years of Collective C-Suite Gaming Industry Experience RICHARD KYLE MATTIAS EINAR LAURA MCALLISTER PAUL ROB MICHELLE BRIAN SCHWARTZ SAUERS STETZ ROOSILEHT COX WIERBICKI PICARD ARMER SAPP Chief Executive Chief Financial Chief Operating Chief Information Chief Compliance Chief Legal Chief Admin C
Slide 18: Financial Overview
Financial Overview RUSH
Slide 19: Statements of Operations
Statements of Operations Amounts in USD $000’s (except for shares and per share data) Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue $ 220,379 $ 165,062 $ 437,807 $ 327,423 Operating costs and expenses Costs of revenu
Slide 20: Statements of Comprehensive Loss
Statements of Comprehensive Loss Amounts in USD $000’s Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Net loss $ (282) $ (16,734) $ (2,491) $ (41,234) Other comprehensive income (loss) Foreign currency translation adjustment
Slide 21: Non-GAAP Financial Measures
Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures, including Adjusted EBITDA, Adjusted Operating Costs and Expenses, Adjusted Net Income (Loss), Adjusted Earnings (Loss) Per Share and Adjusted Weighted Average Common Shares Outstanding, each of which is defin
Slide 22: Non-GAAP Measures: Adjusted EBITDA
Non-GAAP Measures: Adjusted EBITDA Amounts in USD $000's Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Net loss $ (282) $ (16,734) $ (2,491) $ (41,234) (-) Interest income, net (1,917) (288) (3,476) (668) (+) Income tax expe
Slide 23: Non-GAAP Measures: Adjusted Operating Costs and Expenses
Non-GAAP Measures: Adjusted Operating Costs and Expenses Amounts in USD $000's Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (Unaudited) (Unaudited) (Unaudited) (Unaudited) GAAP operating costs and expenses: Costs of revenue $ 144,477 $ 109,853 $ 289,000 $ 217,007 Adverti
Slide 24: Non-GAAP Measures: Adjusted Net Income (Loss) and Adjusted Earnings Per Share
Non-GAAP Measures: Adjusted Net Income (Loss); Adjusted Weighted Average Common Shares Outstanding; Adjusted Earnings (Loss) Per Share Amounts in USD $000's ( except for shares and per share data) Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (Unaudited) (Unaudited) (Unau
Slide 25: Capitalization
Capitalization Common Stock Type of Outstanding Equity as of June 30, 2024 Outstanding Class V Common Stock 144,904,310 Class A Common Stock 80,481,719 Total outstanding 225,386,029 25
Slide 26: Key Metrics and Other Information
Key Metrics and Other Information This presentation includes certain key metrics and other information, including Average Revenue Per Monthly Active User, First Time Depositor, Gross Gaming Revenue, Lifetime Value and Monthly Active Users, each of which is defined below. Average Revenue Per Monthly