Laura McAllister Cox awarded Chief Compliance Officer of the Year at Vixio Global Regulatory Awards for leadership in compliance and responsible gaming.
Quiver AI Summary
Rush Street Interactive, Inc. (RSI) proudly announced that Laura McAllister Cox, the company's Chief Compliance Officer, has received the Chief Compliance Officer of the Year award at the Vixio Global Regulatory Awards in London. This award recognizes her exceptional leadership and commitment to compliance and responsible gaming amidst a complex regulatory environment. Under her guidance, RSI became the first U.S. operator to achieve the Responsible Gaming Council's RG Check Accreditation and has seen significant market success while maintaining high compliance standards. CEO Richard Schwartz praised Laura's transformative impact on both the company and the broader gaming industry, highlighting her expertise and ability to foster talent and collaboration. Laura expressed gratitude for the recognition and emphasized the collective efforts of her team in advancing RSI's mission of compliance excellence and responsible gaming.
Potential Positives
- Laura McAllister Cox, RSI’s Chief Compliance Officer, received the Chief Compliance Officer of the Year award, showcasing the company’s commitment to compliance and responsible gaming.
- This recognition underscores Laura's leadership and contributions, positioning Rush Street Interactive as a pioneer in responsible gaming practices.
- RSI achieved the status of the first U.S. operator to receive the Responsible Gaming Council’s RG Check Accreditation, enhancing its reputation for player safety and sustainability in gaming.
- The company's success in market-leading profitability and strategic expansion under Laura’s guidance highlights its effective compliance strategies amid complex regulatory environments.
Potential Negatives
- Lack of disclosure regarding potential compliance challenges or regulatory issues the company may be facing, despite the praised compliance leadership.
FAQ
Who is Laura McAllister Cox?
Laura McAllister Cox is the Chief Compliance Officer at Rush Street Interactive, recognized for her leadership in compliance and responsible gaming.
What award did Laura McAllister Cox receive?
She received the Chief Compliance Officer of the Year award at the Vixio Global Regulatory Awards in London.
Why was Laura recognized with this award?
The award celebrates her exceptional leadership in navigating the regulatory landscape and fostering a culture of compliance at RSI.
What are some achievements of Laura at RSI?
Laura led RSI to become the first U.S. operator to receive the RG Check Accreditation, showcasing the company's commitment to responsible gaming.
What does Rush Street Interactive focus on?
RSI is focused on online gaming and sports entertainment across regulated markets in the U.S., Canada, and Latin America.
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 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.
Here’s a breakdown of recent trading of $RSI stock by insiders over the last 6 months:
- MATTIAS STETZ (Chief Operating Officer) has traded it 3 times. They made 0 purchases and 3 sales, selling 50,000 shares.
- PAUL WIERBICKI (Chief Legal Officer) has traded it 3 times. They made 0 purchases and 3 sales, selling 62,937 shares.
- RICHARD TODD SCHWARTZ (Chief Executive Officer) has traded it 5 times. They made 0 purchases and 5 sales, selling 393,905 shares.
- KYLE SAUERS (Chief Financial Officer) has traded it 3 times. They made 0 purchases and 3 sales, selling 161,543 shares.
- EINAR ROOSILEHT (Chief Information Officer) sold 150,000 shares.
- JUDITH GOLD sold 150,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RSI Hedge Fund Activity
We have seen 121 institutional investors add shares of $RSI stock to their portfolio, and 78 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HG VORA CAPITAL MANAGEMENT, LLC removed 7,000,000 shares (-100.0%) from their portfolio in Q3 2024
- CANYON CAPITAL ADVISORS LLC removed 2,087,503 shares (-67.6%) from their portfolio in Q3 2024
- CONVERSANT CAPITAL LLC removed 1,683,180 shares (-100.0%) from their portfolio in Q2 2024
- GOLDMAN SACHS GROUP INC removed 1,656,830 shares (-76.6%) from their portfolio in Q3 2024
- FMR LLC removed 1,579,448 shares (-97.3%) from their portfolio in Q3 2024
- DIVISADERO STREET CAPITAL MANAGEMENT, LP added 1,316,014 shares (+34.6%) to their portfolio in Q3 2024
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,015,963 shares (+161.7%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CHICAGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) is proud to announce that Laura McAllister Cox, RSI’s Chief Compliance Officer, has been awarded the highly coveted Chief Compliance Officer of the Year award at the prestigious Vixio Global Regulatory Awards in London. This recognition celebrates Laura’s exceptional leadership, her instrumental role in navigating the ever-evolving regulatory landscape, and her unwavering commitment to fostering a culture of compliance and responsible gaming at RSI.
The Chief Compliance Officer of the Year award highlights compliance leaders who go beyond the call of duty, leading their departments through the complexities of regulatory change while significantly elevating compliance standards across their organizations. Laura’s nomination reflects her steadfast dedication to these principles and her unmatched contributions to the gaming industry.
“Laura McAllister Cox exemplifies the qualities of a transformative compliance leader,” said Richard Schwartz, Chief Executive Officer of Rush Street Interactive. “Her vision, expertise, and unwavering commitment to regulatory excellence have not only positioned RSI as a pioneer in responsible gaming practices but also ensured that RSI consistently sets the industry standard for compliance and innovation. This award is a testament to her extraordinary impact on our company and the broader gaming landscape.”
Laura’s achievements include leading RSI to become the first U.S. operator to receive the Responsible Gaming Council’s RG Check Accreditation, an honor that underscores the company’s dedication to the safety and well-being of its customers while fostering a sustainable gaming environment. Under her guidance, RSI has also achieved market-leading profitability and strategic expansion into new jurisdictions, all while navigating complex regulatory frameworks with precision.
As Chief Compliance Officer of publicly traded Rush Street Interactive, Laura oversees the company’s compliance strategy across a range of critical areas, including regulatory, licensing, anti-money laundering, technical compliance, and responsible gaming. Her leadership has been instrumental in building RSI’s compliance department into a world-class operation with specialized subject matter experts across these domains.
Beyond her achievements at RSI, Laura is widely regarded as one of the most respected voices in the global gaming industry. Her distinguished career spans nearly four decades and includes serving as President of the International Association of Gaming Advisors (IAGA) from 2017 to 2018, as well as legal and compliance leadership roles at esteemed organizations such as Rush Street Gaming, Greenberg Traurig, LLP, and Gaming Partners International Corporation. Her expertise in gaming law and corporate compliance has solidified her reputation as a trusted authority in the field.
Laura’s ability to identify and cultivate exceptional talent, foster collaborative relationships with regulators, and implement forward-thinking compliance strategies has made her an unparalleled leader in the gaming industry. Her initiatives, such as yearly team summits and ongoing training programs, ensure RSI’s compliance team remains agile and equipped to address the ever-changing regulatory landscape.
“I am deeply honored to be named the Chief Compliance Officer of the Year,” said Laura McAllister Cox. “This recognition is a reflection of the incredible work of my team and RSI’s unwavering commitment to compliance excellence and responsible gaming. At RSI, we strive to lead by example and set the standard for innovation, integrity, and collaboration in the gaming industry. I am grateful to be part of a company that values these principles and to work alongside such talented professionals every day.”
The Vixio Global Regulatory Awards celebrate achievements and innovation in compliance and responsible gaming across the global gambling industry.
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, and, 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 in Chicago 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 .
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