Rush Street Interactive Inc. (RSI) stock prices were down by 1.63% as of the market closing on October 4th, 2021. This brought the price per share down to USD$18.72 at the end of the trading day. Subsequent premarket fluctuations have seen the stock surge by 15.92%, bringing it up to USD$21.70.
RSI Stock Partners with AGA
RSI stock announced its collaboration with the American Gaming Association on September 24th, 2021. The leading online casino and sports betting company in the United States has become the newest partner of the AGA’s “Have A Game Plan. Bet Responsibly” public service campaign. The campaign is designed to focus on educating sports fans about the core principles of responsible sports betting. These principles include setting and sticking to a budget, emphasizing the social nature of betting, being familiar with the odds, and gambling through trusted and regulated operators.
Have A Game Plan Campaign
The “Have A Game Plan” campaign will be integrated into the company’s consumer marketing, employee training, and overall responsible gaming strategy. This reflects RSI stock’s commitment to its ongoing campaign and core principles, with the company’s campaign being an important extension of these efforts. The company believed that it is critical that the industry prioritize the protection of the demographic of users that are vulnerable to gambling problems. The impact of gambling addiction goes on to affect the social circles of those prone to it.
Synergistic Collaboration
The partnership with AGA will focus on the continuation of the provision of new, user friendly tool and resources for its players to use to wager responsibly. The company will also focus on ensuring that its employees are positioned adequately to provide the best possible customer service and care. RSI stock’s commitment to its campaign is in line with the company’s recent build out of its compliance and corporate social responsibility function. The development also builds on the company’s ongoing deployment of innovative responsible gaming tools within its products. This includes the RushPay feature that facilitates fast, transparent, and non-cancellable withdraw and refund capabilities.
Future Outlook for RSI Stock
The company reported a strong quarter, further consolidated by the rolling out of its public service campaign. RSI stock is keen to capitalize on the expanded scope of opportunities arising from the increased exposure. Current and potential investors are confident in management’s ability to effectively leverage the resources at their disposal. This is hoped to facilitate significant and sustained increases in shareholder value.
