Rush Street Interactive Chooses Diversification As It Attempts To Ride The iGaming Wave
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Rush Street Interactive (NYSE:RSI) has seen its stock price cut by more than half as growth stocks retreated in recent months. This saw the fast-growing online casino and sports betting company retreat from highs of $26 to $12.23 as of writing this article. It’s hard to justify this fall on the back of fiscal 2021 first-quarter revenues that grew 218% year-over-year as iGaming continues to grow across the US. The iGaming and sports betting market in North…
