There was speculation earlier this year as to whether Rush Street Interactive (RSI) would get into the online poker market in the United States. RSI is definitely getting in on the action as the company recently announced that is has acquired Poker Night in America (PNIA).
This is the second big online poker acquisition that RSI has made in recent months. RSI acquired Run It Once (RIO) poker website that was founded by Phil Galfond in March and paid $5.8 million.
RSI Acquires PNIA For $4.9 Million
Poker Night In America is a popular poker TV show that runs on the CBS Sports Network and mostly features Sit & Go action and cash games. RSI is reported to have paid out $4.9 million to acquire PNIA in a deal that offered a cash and stock option.
RSI plans to huge the extensive poker TV content that PNIA has accumulated over the years to boost their BetRivers network and get their brand before the online poker market. RSI has also confirmed that BetRivers will use the poker content to cross-sell to its online casino players and sportsbook bettors.