Added to YB: 2026-07-13
Pitch date: 2026-05-05
RSI [bullish]
Rush Street Interactive, Inc.
+27.48%
current return
Author Info
No bio for this author
Company Info
Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, and Latin America.
Market Cap
$3.5B
Pitch Price
$26.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.85
P/E
95.59
EV/Sales
2.66
Sector
Hotels, Restaurants and Leisure
Category
growth
Rush Street Interactive, Inc. - $RSI
RSI: Purest US iGaming play, best-in-class operator w/ far superior ARPMAU (~$317 vs peers sub-$150), accelerating MAUs (+46% 1Q26) on flat S&M spend. LTM rev $1.2B, 15% EBITDA margin, $332M net cash. Author sees ~$2.35B rev/$415M EBITDA by 2028 (16x EV/EBITDA). Catalysts: Colombia recovery, LatAm ramp, Alberta/Maine launches, VA/NY/IL/MD legalization (+15-40% TAM). Owner-mgr controlled (Bluhm/Schwartz), Up-C. Risks: valuation (~20x '27 EBITDA), LatAm/legislative blowback, aggressive OSB peers.
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