Rush Street Interactive appoints Shubham Tyagi as CTO to enhance technology and innovation in online gaming.
Quiver AI Summary
Rush Street Interactive, Inc. (RSI), a prominent online casino and sports betting company, has appointed Shubham Tyagi as its new Chief Technology Officer (CTO). Tyagi brings over 20 years of experience in managing large-scale technology operations across various industries, including media and sports. He previously served as CTO at Warner Bros. Discovery (WBD) - Sports, where he significantly enhanced digital platforms and user experiences. CEO Richard Schwartz emphasized Tyagi's impressive technical skill set and leadership style as key reasons for his appointment, which aligns with RSI's focus on innovation and improving customer experience. This addition follows other recent strategic hires aimed at fostering growth and further establishing RSI's presence in the online gaming market.
Potential Positives
- Appointment of Shubham Tyagi as Chief Technology Officer (CTO) enhances RSI's leadership and technological capabilities.
- Shubham brings extensive experience in transforming digital sports portfolios, which may lead to innovative player experiences at RSI.
- The addition of Tyagi reinforces RSI's commitment to investing in top-tier leadership, indicating a focus on growth and innovation in the online gaming space.
- RSI's accolades, such as being named Customer Services Operator of the Year for five consecutive years, highlight its reputation and success in the online gaming industry.
Potential Negatives
- Shubham Tyagi's appointment comes at a time when the online gaming industry is facing increased scrutiny and regulatory challenges, which may overshadow leadership changes.
- Despite his impressive background, the reliance on a new CTO to drive innovation in a competitive market could raise concerns about the existing leadership's effectiveness.
- The press release does not provide specific details on how Tyagi's expertise will directly address current challenges facing RSI, leaving ambiguity about the strategy moving forward.
FAQ
Who has been appointed as the new CTO of Rush Street Interactive?
Shubham Tyagi has been appointed as the Chief Technology Officer (CTO) of Rush Street Interactive.
What previous experience does Shubham Tyagi have?
Shubham Tyagi has over two decades of experience in technology roles across media, entertainment, sports, and retail.
What is Shubham Tyagi’s vision for his new role at RSI?
Shubham aims to develop advanced technical solutions that enhance player experiences and drive innovation in online gaming.
What are the main markets for Rush Street Interactive?
RSI operates in the United States, Canada, and Latin America, focusing on regulated online gaming markets.
How has RSI recognized its commitment to customer service?
RSI has received multiple awards, including being named Customer Services Operator of the Year for five consecutive years (2020-2024).
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RSI Insider Trading Activity
$RSI insiders have traded $RSI stock on the open market 40 times in the past 6 months. Of those trades, 0 have been purchases and 40 have been sales.
Here’s a breakdown of recent trading of $RSI stock by insiders over the last 6 months:
- MASI NICCOLO DE has made 0 purchases and 9 sales selling 1,784,375 shares for an estimated $27,276,916.
- RICHARD TODD SCHWARTZ (Chief Executive Officer) has made 0 purchases and 10 sales selling 1,163,430 shares for an estimated $15,532,172.
- EINAR ROOSILEHT (Chief Information Officer) has made 0 purchases and 8 sales selling 420,000 shares for an estimated $6,304,859.
- MATTIAS STETZ (Chief Operating Officer) has made 0 purchases and 10 sales selling 185,000 shares for an estimated $2,845,971.
- JUDITH GOLD sold 100,000 shares for an estimated $1,960,750
- PAUL WIERBICKI (Chief Legal Officer) sold 35,000 shares for an estimated $680,865
- KYLE SAUERS (Chief Financial Officer) sold 28,381 shares for an estimated $303,676
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RSI Hedge Fund Activity
We have seen 122 institutional investors add shares of $RSI stock to their portfolio, and 119 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ROYAL BANK OF CANADA added 1,326,006 shares (+3971.0%) to their portfolio in Q2 2025, for an estimated $19,757,489
- MARSHALL WACE, LLP added 1,191,546 shares (+100.9%) to their portfolio in Q2 2025, for an estimated $17,754,035
- 1060 CAPITAL, LLC added 753,165 shares (+inf%) to their portfolio in Q2 2025, for an estimated $11,222,158
- FEDERATED HERMES, INC. removed 728,801 shares (-75.8%) from their portfolio in Q2 2025, for an estimated $10,859,134
- BLACKROCK, INC. added 695,417 shares (+9.8%) to their portfolio in Q2 2025, for an estimated $10,361,713
- INTRINSIC EDGE CAPITAL MANAGEMENT LLC added 660,183 shares (+439.6%) to their portfolio in Q2 2025, for an estimated $9,836,726
- PENN CAPITAL MANAGEMENT COMPANY, LLC added 592,766 shares (+118.7%) to their portfolio in Q2 2025, for an estimated $8,832,213
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RSI Analyst Ratings
Wall Street analysts have issued reports on $RSI in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Oppenheimer issued a "Outperform" rating on 07/31/2025
- Needham issued a "Buy" rating on 07/31/2025
- Benchmark issued a "Buy" rating on 07/31/2025
- Susquehanna issued a "Positive" rating on 07/30/2025
- Jefferies issued a "Buy" rating on 07/03/2025
- Macquarie issued a "Outperform" rating on 05/02/2025
To track analyst ratings and price targets for $RSI, check out Quiver Quantitative's $RSI forecast page.
$RSI Price Targets
Multiple analysts have issued price targets for $RSI recently. We have seen 8 analysts offer price targets for $RSI in the last 6 months, with a median target of $18.5.
Here are some recent targets:
- John Zamparo from Scotiabank set a target price of $6.5 on 08/14/2025
- Bernie McTernan from Needham set a target price of $21.0 on 07/31/2025
- Mike Hickey from Benchmark set a target price of $20.0 on 07/31/2025
- Jed Kelly from Oppenheimer set a target price of $21.0 on 07/31/2025
- Joseph Stauff from Susquehanna set a target price of $19.0 on 07/30/2025
- David Katz from Jefferies set a target price of $18.0 on 07/03/2025
- Daniel Politzer from JP Morgan set a target price of $14.0 on 06/23/2025
Full Release
CHICAGO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced the appointment of Shubham Tyagi as Chief Technology Officer (CTO).
Shubham brings over two decades of experience leading complex, large-scale global technology organizations across media, entertainment, sports, and retail. He joins RSI’s senior leadership team reporting directly to Richard Schwartz, Chief Executive Officer.
“As RSI continues to innovate and strengthen our technology capabilities, we sought a leader with exceptional technical depth, global experience, and a people-first leadership style,” said Schwartz. “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. We’re thrilled to welcome him to RSI.”
Before joining RSI, Shubham served as Chief Technology Officer (SVP) for Warner Bros, Discovery (WBD) - Sports, where he transformed WBD's global sports digital portfolio including Bleacher Report, NBA Digital, NCAA March Madness Live, TNT Sports (Latin America & Europe), Eurosport and the Olympics. He led global engineering and operations teams across 20+ platforms, developed direct-to-consumer experiences for audiences in the U.S., Latin America, and Europe, and played a central role in the Emmy-winning delivery of the NBA season during the COVID-19 lockdown.
Earlier in his career, Shubham held senior engineering roles at Macy’s, Turner Broadcasting, and XO Communications, where he led cloud adoption, platform transformations, and established high-availability live streaming systems for millions of users.
“I’m honored to join RSI at such an exciting time in its growth,” said Shubham. “The company’s commitment to innovation, integrity, and creating best-in-class player-first experiences deeply resonates with my own leadership philosophy. I look forward to collaborating with the exceptional RSI team to develop advanced and flexible technical solutions that deliver innovative player experiences and transform the future of Online Gaming.”
Shubham’s appointment marks another step in RSI’s commitment to investing in top-tier senior leadership. His arrival follows recent strategic hires across marketing, product, and data leadership, positioning RSI for continued growth and innovation in the online gaming space.
About Rush Street Interactive
RSI is a trusted online gaming and sports entertainment company focused on markets in the United States, Canada and Latin America. Through its brands, BetRivers, PlaySugarHouse and RushBet, RSI was an early entrant in many regulated jurisdictions. It currently offers real-money mobile and online operations in fifteen U.S. states: New Jersey, Pennsylvania, Indiana, Colorado, Illinois, Iowa, Michigan, Virginia, West Virginia, Arizona, New York, Louisiana, Maryland, Ohio and Delaware, as well as in the regulated international markets of Colombia, Ontario (Canada), Mexico and Peru. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 by gaming industry veterans, RSI was named the EGR North America Awards Customer Services Operator of the Year five years in a row (2020-2024), the 2022 EGR North America Awards Operator of the Year and Social Gaming Operator of the Year, and the SBC Latinoamérica Awards 2024 Casino Operator of the Year and 2021 Sportsbook Operator of the Year. RSI was the first U.S.-based online casino and sports betting operator to receive RG Check iGaming Accreditation from the Responsible Gaming Council. For more information, visit www.rushstreetinteractive.com .
Media Contact:
Lisa Johnson
(609) 788-8548
[email protected]
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