SurvivorMedia/Entertainment
What Happened to Rush Street Interactive?
Ticker: RSISPAC Year: 2020Merger: 2020
Return
+117.5%
Current Price
$21.75
Peak Price
$26.55
Trust Size
$659M
Summary
Rush Street Interactive operates BetRivers and PlaySugarHouse, offering online casino gaming and sports betting across 15+ U.S. states, Canada, and Latin America.
What Happened
Rush Street Interactive went public in December 2020 through a merger with dMY Technology Group. The company quickly expanded its online gambling footprint as U.S. states legalized sports betting and iGaming. Unlike many SPAC-era companies, RSI has achieved profitability and grown revenue consistently, becoming one of the more successful SPAC-to-operating-company transitions in the gambling space.
Timeline
2020-02-13
S-1 Registration Filed
2020-12-14
Merger Proxy Filed (DEFM14A)