Folks Rush Street may be a play here- this name has come across our screens a few times over the past year. In general they seem to be doing better than GAMB which of course is the one I bought. I had RSI #2. Now there is lots of drama today as one state is greatly raising their tax structure for betting causing DKNG and FLUtter to not behave well.
HF's are buying DKNG today the thought being this could still be squashed in the government process.. (passed state senate not House) MA recently rejected a gambling tax hike but if everyone goes for it this will slam the major players who will then of course start buying everyone. This could spur consolidation.
Today I saw a house say this drama may benefit Rush St and that maybe because RSI is not sports gambling as much as casino type-- virtual poker etc... That may not be in this tax hike proposal I would guess.
Company Profile
Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines. The company markets its online casino and sports betting under BetRivers, PlaySugarHouse, and RushBet brands. Rush Street Interactive, Inc. was founded in 2012 and is headquartered in Chicago, Illinois.