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RSI logo RSI
Upturn stock ratingUpturn stock rating
RSI logo

Rush Street Interactive Inc (RSI)

Upturn stock ratingUpturn stock rating
$10.99
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: RSI (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 15.22%
Avg. Invested days 47
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.46B USD
Price to earnings Ratio 359.33
1Y Target Price 15.86
Price to earnings Ratio 359.33
1Y Target Price 15.86
Volume (30-day avg) 2211016
Beta 1.78
52 Weeks Range 5.71 - 16.78
Updated Date 04/4/2025
52 Weeks Range 5.71 - 16.78
Updated Date 04/4/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.03

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 0.26%
Operating Margin (TTM) -9.92%

Management Effectiveness

Return on Assets (TTM) 4.35%
Return on Equity (TTM) 3.97%

Valuation

Trailing PE 359.33
Forward PE 24.51
Enterprise Value 794769861
Price to Sales(TTM) 2.66
Enterprise Value 794769861
Price to Sales(TTM) 2.66
Enterprise Value to Revenue 0.86
Enterprise Value to EBITDA 14.06
Shares Outstanding 94555200
Shares Floating 52992789
Shares Outstanding 94555200
Shares Floating 52992789
Percent Insiders 4.25
Percent Institutions 82.67

Analyst Ratings

Rating 4.44
Target Price 14.38
Buy 1
Strong Buy 6
Buy 1
Strong Buy 6
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Rush Street Interactive Inc

stock logo

Company Overview

overview logo History and Background

Rush Street Interactive (RSI) was founded in 2012 by Neil Bluhm, Greg Carlin, and Richard Schwartz. It is a US-based online casino and sports betting company that went public via a SPAC merger with dMY Technology Group, Inc. II in December 2020.

business area logo Core Business Areas

  • Online Casino: Operates online casino platforms offering a variety of games, including slots, table games, and live dealer options.
  • Online Sports Betting: Provides online sports betting services, allowing users to wager on a wide range of sports events.

leadership logo Leadership and Structure

Richard Schwartz serves as the Chief Executive Officer. The organizational structure includes departments for technology, marketing, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • BetRivers Sportsbook: A leading online sportsbook platform, offering a wide array of sports betting options. Competitors include DraftKings (DKNG), FanDuel (Flutter Entertainment), and BetMGM (MGM Resorts International). Revenue and market share data is difficult to precisely determine, but BetRivers consistently ranks among the top sportsbooks in states where it operates.
  • PlaySugarHouse Casino: An online casino platform featuring a diverse selection of casino games. Competitors include DraftKings (DKNG), BetMGM (MGM), and Golden Nugget Online Gaming. Revenue and market share data is difficult to precisely determine, but PlaySugarHouse is a significant player in several states.

Market Dynamics

industry overview logo Industry Overview

The online gambling industry is experiencing rapid growth, driven by increasing legalization across the US and growing consumer adoption of digital entertainment. This includes both sports wagering and iGaming.

Positioning

Rush Street Interactive is positioned as a major player in the online casino and sports betting market. Its competitive advantages include its proprietary technology platform, a strong brand presence in key states, and a focus on customer experience.

Total Addressable Market (TAM)

The TAM for online gambling in the US is projected to reach hundreds of billions of dollars in the coming years. Rush Street Interactive is positioned to capture a significant share of this market by expanding into new states and offering innovative products and services.

Upturn SWOT Analysis

Strengths

  • Proprietary technology platform
  • Strong brand presence in key states
  • Focus on customer experience
  • Experienced management team
  • Strong market position

Weaknesses

  • Limited geographic presence compared to larger competitors
  • Marketing spend is high
  • Not yet profitable
  • Reliance on regulatory approvals

Opportunities

  • Further legalization of online gambling in additional states
  • Expansion into new international markets
  • Development of new and innovative products and services
  • Strategic partnerships with other companies
  • Growth of mobile gaming

Threats

  • Increased competition from larger, well-funded companies
  • Changes in regulations that could limit the availability of online gambling
  • Economic downturns that could reduce consumer spending
  • Cybersecurity threats
  • Negative publicity

Competitors and Market Share

competitor logo Key Competitors

  • DraftKings (DKNG)
  • Flutter Entertainment (FanDuel)
  • MGM Resorts International (MGM)

Competitive Landscape

Rush Street Interactive faces intense competition from larger, more established players. Its advantages include its proprietary technology and focus on customer experience. Its disadvantages include its limited geographic presence and lower brand recognition.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Rush Street Interactive has experienced considerable revenue growth since its inception, driven by the increasing legalization of online gambling in the US.

Future Projections: Analyst estimates suggest continued revenue growth for Rush Street Interactive, driven by expansion into new markets and the continued growth of the online gambling industry.

Recent Initiatives: Recent initiatives include launching new features on its platform, securing partnerships with sports teams and leagues, and expanding into new states.

Summary

Rush Street Interactive is a growing player in the online casino and sports betting market, capitalizing on industry trends. It is experiencing revenue growth and expansion. However, RSI faces stiff competition and is yet to achieve consistent profitability, relying on regulatory changes and strategic moves to improve its market position. Investors should watch for market share gains, regulatory approvals and pathway to profitability.

Similar Companies

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MGM Resorts International

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Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Press Releases
  • Analyst Reports
  • Industry News

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may not be precise. Financial data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Rush Street Interactive Inc

Exchange NYSE
Headquaters Chicago, IL, United States
IPO Launch date 2020-04-23
Co-Founder, CEO & Director Mr. Richard Todd Schwartz
Sector Consumer Cyclical
Industry Gambling
Full time employees 883
Full time employees 883

Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, and Latin America. The company offers real-money online casino, online and retail sports betting, and social gaming services. It also provides full suite of games comprising bricks-and-mortar casinos, such as table games, slot machines, and poker games. The company offers its products under BetRivers, PlaySugarHouse, and RushBet brands. Rush Street Interactive, Inc. was founded in 2012 and is headquartered in Chicago, Illinois.

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