Rush Street Interactive and dMY Technology will host a joint conference call later this week to discuss a proposed business combination.
In July, it was suggested Rush Street Interactive may be looking to become a public corporation.
The operator has now confirmed those rumours, announcing a joint conference call that will take place alongisde dMY Technology – a publicly traded special purpose acquisition company (SPAC).
The SPAC has been impressed by Rush Street Interactive's online gaming performance, rather than its sportsbook potential.
DraftKings used a SPAC to complete its deal to go public earlier this year; the operator acquired sports betting supplier SBTech as part of the same deal.
Niccolo de Masi, co-founder and CEO of dMY, said: “We are very excited by the opportunity to partner with RSI which is a leader in online casino revenue, a segment that has the potential to be a bigger market than sports betting."