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CHICAGO - Rush Street Interactive, Inc. (NYSE:RSI) has appointed Shubham Tyagi as Chief Technology Officer, the online casino and sports betting company announced Thursday. The appointment comes as RSI continues its strong market performance, with the stock delivering an impressive 131.8% return over the past year and revenue reaching $1.02 billion in the last twelve months.
Tyagi brings more than 20 years of experience leading technology organizations across media, entertainment, sports, and retail sectors. He will report directly to CEO Richard Schwartz as part of RSI’s senior leadership team. According to InvestingPro analysis, RSI maintains a strong financial position with more cash than debt on its balance sheet, and analysts have recently revised their earnings expectations upward for the upcoming period.
Prior to joining RSI, Tyagi served as Chief Technology Officer for Warner Bros. Discovery - Sports, where he managed global engineering and operations teams across more than 20 platforms. His responsibilities included transforming WBD’s global sports digital portfolio including Bleacher Report, NBA Digital, and Eurosport.
"Shubham stood out not only for his experience and expertise, but also for his ability to build trust, drive alignment, and scale platforms that serve millions of customers around the world," Schwartz said in a press release statement.
Tyagi previously held senior engineering positions at Macy’s, Turner Broadcasting, and XO Communications, where he led cloud adoption and platform transformations.
The appointment follows recent strategic hires across marketing, product, and data leadership at RSI, which currently operates in fifteen U.S. states including New Jersey, Pennsylvania, and New York, as well as in Colombia, Ontario, Mexico, and Peru.
Rush Street Interactive was founded in 2012 and offers online casino games and sports betting options through its BetRivers, PlaySugarHouse, and RushBet brands.
In other recent news, Rush Street Interactive reported its Q2 2025 earnings, significantly surpassing market expectations. The company achieved earnings per share of $0.11, which exceeded the forecasted $0.06 by 83.33%. Revenue also outperformed projections, reaching $269 million against the anticipated $249.65 million, marking a 7.83% surprise. Following these results, Needham raised its price target for Rush Street Interactive to $21 from $17, maintaining a Buy rating on the stock. The company also increased its full-year 2025 guidance, reflecting confidence in its ongoing performance. Meanwhile, Rogers Sugar announced a quarterly dividend of $0.09 per share, payable on October 15, 2025. This dividend qualifies as an eligible dividend for income tax purposes under Canadian tax regulations. These developments provide investors with key insights into the recent activities and performance of both companies.
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