Rush Street Interactive (RSI) is exploring strategic options including a potential sale, Gillian Tan and Christopher Palmeri of Bloomberg report, citing people with knowledge of the matter. The company’s representatives have approached potential buyers including DraftKings (DKNG), a source told Bloomberg. DraftKings “speaks to a variety of companies regarding various matters in the normal course of business, and it is our general policy not to comment on the specifics of any of those discussions,” a spokesperson for the company told Bloomberg. Shares of Rush Street Interactive jumped 13% to $6.90 before being halted for volatility following the report.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RSI:
- Bet On It: Standard General proposes to buy rest of Bally’s shares for $15
- Inspired Entertainment launches Virtual Sports content in New Jersey
- Rush Street Interactive, Inc. Is Worried About This – Should You Be Worried Too?
- Bet On It: North Carolina to launch mobile sports betting on Monday
- Rush Street downgraded to Market Perform from Outperform at JMP Securities