BetRivers Shows No Current Plans To Launch Sportsbook In North Carolina
BetRivers is a popular online sports betting operator that continues to expand throughout the US, but North Carolina may not be on its future roadmap. Its parent company, Rush Street Interactive (RSI), recently held its quarterly earnings call. There was no mention of a potential target for a North Carolina launch, which is expected to launch local sports betting by June 2024.
BetRivers Report Shows No Mention Of North Carolina
During the third quarter earnings call, RSI discussed its future plans. The company saw $170 million in revenue, up 15% year-over-year, and is poised to earn between $665 million and $685 million in revenue by the end of the year.
“Thanks to our decade-long investment in cutting-edge technology and a customer-centric approach, we’ve positioned ourselves as a top 5 online operator in the U.S., with a leading position in iGaming and a growing online sports book,” said Richard Schwartz, Chief Executive Officer of RSI. “As discerning consumers seek out the best products and user experiences, our third quarter results affirm our ability to deliver on both counts as we continue to acquire, engage and retain customers.”
RSI did not indicate plans to bring its BetRivers Sportsbook product to North Carolina. The company produced a list of states and regions with market access opportunities for online sports betting. BetRivers is not currently live in these markets, but RSI views them as potential new landing spots.
The list included Delaware, Mississippi, Missouri, New Mexico, Tennessee, and Wyoming. Notably missing was any mention of North Carolina sports betting.
Other Popular Operators Add NC To Their Future Plans
In contrast, DraftKings also recently had its Q3 earnings call. The popular online sportsbook directly mentioned North Carolina as a plan for the future.
“We also delivered another successful online sportsbook launch in Kentucky and look forward to additional launches in Maine and in North Carolina, pending licensure and regulatory approvals,” said Jason Robins, DraftKings’ Chief Executive Officer and Co-founder.
In DraftKings’ fiscal year 2024 revenue guidance, the company estimates its future earnings based on North Carolina. For now, potential North Carolina sports betting customers shouldn’t bank on BetRivers to launch when the market goes live, but things can always change.