Rush Street Interactive, Inc. (RSI): The Best Casino Stock To Buy According to Analysts? [Yahoo! Finance]
Rush Street Interactive, Inc. Class A (RSI)
Company Research
Source: Yahoo! Finance
A Quick Recap of the Global Gambling Industry The world has seen a rapid growth in online gambling recently, which is fueled by the legalization of sports betting around in many countries. The United States ban on sports betting was lifted in 2018 since then many states have moved to allow such activities online as well. Makers of FanDuel and BetMGM have flooded the United States market with promotional content and advertising targeted at sports fans, encouraging them to participate in their fantasy leagues. Sports betting companies use various marketing techniques to cash in the sports seasons. In one of the BetMGM promotions, its brand ambassador Jamie Foxx, a movie star, encouraged sports fans to try betting on various outcomes in the game. The advertisements have been working well to drive revenue for the companies. As per the American Gaming Association, in 2023, online sports bookmakers took more than $114 billion in Bets. Moreover, the US revenue from online sports betti
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News
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- Inspired (INSE) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]Yahoo! Finance
- Rush Street Interactive Named Casino Operator of the Year at 2024 SBC Latinoamérica AwardsGlobeNewswire
RSI
Earnings
- 10/30/24 - Beat
RSI
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- RSI's page on the SEC website