BlackRock boosts its stake to 13.3% in Rush Street Interactive

• BlackRock is pushing for more influence in Rush Street Interactive
• This comes as BetRivers, the company’s sports betting brand, continues to signal strength
• BetRivers’ continue to post solid financial results and is looking to repurchase its shares

BlackRock has continued to beckon its commitment in Rush Street Interactive, the brand behind BetRivers, which previously experienced a choppy period but may finally becoming on top.

BlackRock signals confidence in Rush Street Interactive and BetRivers

According to Legal Sports Report, BlackRock has put this in tangible action, with the investment firm holding an estimated 13.3% stake in Rush Street Interactive, or 13,600,000 shares.

The ownership is a significant increase from the amount reported in March 2025, when BlackRock had an estimated 5.9% of the total stake in the company. In May, it was reported that company insiders are looking to sell a combined 10,000,000 shares, with the firm authorizing a $100m share repurchase program.

BetRivers has been steadily improving over the past years as well, after reporting EBITDA of just $8.2m and revenue of $691.2m in 2023. The company has significantly increased its performance metrics in 2025, to $153.7m in EBITDA and $1.1bn in revenue, respectively.

The company’s stock has also been steadily improving since the beginning of 2024, with the stock currently trading at $33.40 at its current price, retaining a mostly upward trend for what is now two full years.

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