SCHEDULE: BlackRock Discloses 13.3% Stake in Rush Street Interactive

BlackRock Inc. has filed a Schedule 13G, revealing beneficial ownership of 13.3% of Rush Street Interactive's Class A Stock as of June 30, 2026.

Summary

• BlackRock, Inc. has filed an amendment to its Schedule 13G, reporting its beneficial ownership of Rush Street Interactive, Inc. Class A Stock.
• As of June 30, 2026, BlackRock beneficially owns 13,825,679 shares, representing 13.3% of the class of securities.
• This ownership includes sole voting power over 13,664,456 shares and sole dispositive power over 13,825,679 shares.
• The filing indicates that the iShares Core S&P Small-Cap ETF is one entity within BlackRock that holds more than five percent of the outstanding common stock.
• BlackRock certifies that these securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It represents a standard disclosure of institutional ownership and does not inherently signal positive or negative performance for Rush Street Interactive.

Positives

• Significant institutional ownership by BlackRock, Inc., indicating confidence in the company's long-term prospects.
• BlackRock's substantial holdings suggest potential for continued support and stability in the stock.

Negatives

• The filing does not contain any negative financial or operational information; it is purely an ownership disclosure.

Risks

• Potential for BlackRock to alter its holdings, which could impact share price due to the significant percentage owned.
• Concentration of ownership with a single large institutional investor could lead to less diversified shareholder base.

Future Outlook

The filing is an ownership disclosure and does not contain forward-looking statements or guidance regarding Rush Street Interactive's future performance.

Management Comments

• BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

StockSavvy.ai notes that significant institutional ownership, as disclosed by BlackRock, is a common indicator of investor interest in the online gaming and sports betting sector, where Rush Street Interactive operates. Such filings often precede or follow periods of strategic activity or market assessment by large asset managers.

Stakeholder Impact

• Shareholders: The disclosure confirms a substantial holding by a major institutional investor, which can influence market perception and potentially stock liquidity.
• Management: The certification by BlackRock that shares are held in the ordinary course of business may provide some reassurance regarding external control influences.
• Regulators: Compliance with SEC reporting requirements is maintained.

Next Steps

• Monitor future filings from BlackRock for any changes in beneficial ownership.
• Observe any strategic implications or market reactions to this significant institutional holding.

Key Dates

Keywords

Rush Street Interactive, BlackRock, Schedule 13G, Institutional Ownership, Class A Stock, Beneficial Ownership, iShares Core S&P Small-Cap ETF, SEC Filing