{"id":190115,"date":"2021-10-26T09:30:52","date_gmt":"2021-10-26T16:30:52","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=190115"},"modified":"2021-10-26T11:51:38","modified_gmt":"2021-10-26T18:51:38","slug":"rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/","title":{"rendered":"Rush Street Interactive, fuboTV Again Mentioned as Takeover Targets"},"content":{"rendered":"

Shares of fuboTV (NYSE:FUBO) and Rush Street Interactive (NYSE:RSI) popped earlier today as a sell-side analyst highlighted the two companies as potential takeover targets.<\/p>\n

\"fuboTV
An analyst sees Rush Street Interactive as a takeover target. The same goes for fuboTV. (Image: YouTube)<\/figcaption><\/figure>\n

Streaming sports provider fuboTV and iGaming and sportsbook operator Rush Street Interactive got a lift from comments by Oppenheimer analyst Jed Kelly mentioning both names as obvious candidates for would-be suitors. fuboTV stock rallied early in Tuesday’s session before traders sold the name lower, while RSI is modestly higher on the day.<\/p>\n

We expect industry consolidation to be a major theme over the next two years, and see RSI and FUBO as the most likely take-out candidates within our coverage universe,\u201d<\/strong> said Kelly in a note to clients.<\/p><\/blockquote>\n

Kelly’s comments arrive as DraftKings (NASDAQ:DKNG) — a company that’s rapidly built a reputation for dealmaking — indicated it’s dropping its pursuit of Entain Plc<\/a> (OTC:GMVHY).<\/p>\n

DraftKings Potentially Relevant to fuboTV, RSI Investors<\/h2>\n

To be clear, the Oppenheimer analyst doesn’t overtly say DraftKings will make a move on either fuboTV or RSI.<\/p>\n

However, each company could hold allure for DraftKings.<\/p>\n

\n

In the case of fuboTV, any potential buyer from the gaming industry would gain access to streaming entertainment technology<\/a> that’s conducive to growing in-game wagering offerings — a concept that’s viewed as one of the next big things in US sports betting. Earlier this year, speculation surfaced that DraftKings could eventually mull a streaming acquisition.<\/p>\n<\/div>\n

With RSI, DraftKings would bolster its iGaming exposure, though it remains to be seen if the former would opt for such a deal because it’s in the process of acquiring Golden Nugget Online Gaming (NASDAQ:GNOG) \u2013 a direct rival to RSI.<\/p>\n

What’s clear is that for DraftKings, either of those companies would come far cheaper than Entain. RSI and fuboTV have market values of $4.66 billion and $4.47 billion, respectively.<\/p>\n

Kelly, who rates DraftKings \u201coverweight,\u201d said the operator will continue to be “aggressive with acquisitions,” and that industry consolidation will be a prominent theme for at least another two years.<\/strong><\/p>\n

RSI: Worst Kept Secret<\/h2>\n

Rush Street Interactive’s status as a takeover candidate, one that’s only grown in the wake of DraftKings agreeing to buy GNOG, is arguably the worst-kept secret in the gaming industry.<\/p>\n

\n

In fact, it’s not even a secret at all. Last month, reports surfaced that RSI could be a fit for Walt Disney’s (NYSE:DIS) ESPN unit as it looks to increase its sports wagering exposure. That rumor emerged about a week after it was revealed RSI is one of multiple gaming companies holding takeover discussions with Fanatics<\/a>.<\/p>\n<\/div>\n

RSI operates under the BetRivers.com<\/a> and\u00a0PlaySugarHouse.com<\/a> brands and is currently available with either mobile or retail businesses in Colorado, Connecticut, Illinois, Indiana, Iowa, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. The company is also operational in Canada and is gaining access to Louisiana, Mississippi, and New Mexico, thanks to an investment in Boom Entertainment.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of fuboTV (NYSE:FUBO) and Rush Street Interactive (NYSE:RSI) popped earlier today as a sell-side analyst highlighted the two companies as potential takeover targets. Streaming sports provider fuboTV and iGaming and sportsbook operator Rush Street Interactive got a lift from comments by Oppenheimer analyst Jed Kelly mentioning both names as obvious candidates for would-be suitors. […]<\/p>\n","protected":false},"author":46,"featured_media":190116,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,1],"tags":[],"acf":[],"yoast_head":"\nRSI, fuboTV Two Credible Acquisition Targets, Says Oppenheimer Analyst<\/title>\n<meta name=\"description\" content=\"Rush Street Interactive and fuboTV are two logical takeover targets in the gaming industry, says an analyst.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RSI, fuboTV Two Credible Acquisition Targets, Says Oppenheimer Analyst\" \/>\n<meta property=\"og:description\" content=\"Rush Street Interactive and fuboTV are two logical takeover targets in the gaming industry, says an analyst.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-26T16:30:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-26T18:51:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/10\/rsi.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/\",\"url\":\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/\",\"name\":\"RSI, fuboTV Two Credible Acquisition Targets, Says Oppenheimer Analyst\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/10\/rsi.jpg\",\"datePublished\":\"2021-10-26T16:30:52+00:00\",\"dateModified\":\"2021-10-26T18:51:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Rush Street Interactive and fuboTV are two logical takeover targets in the gaming industry, says an analyst.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/10\/rsi.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/10\/rsi.jpg\",\"width\":1280,\"height\":720,\"caption\":\"An analyst sees Rush Street Interactive as a takeover target. The same goes for fuboTV. (Image: YouTube)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial\",\"item\":\"https:\/\/www.casino.org\/news\/financial\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Rush Street Interactive, fuboTV Again Mentioned as Takeover Targets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RSI, fuboTV Two Credible Acquisition Targets, Says Oppenheimer Analyst","description":"Rush Street Interactive and fuboTV are two logical takeover targets in the gaming industry, says an analyst.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/","og_locale":"en_US","og_type":"article","og_title":"RSI, fuboTV Two Credible Acquisition Targets, Says Oppenheimer Analyst","og_description":"Rush Street Interactive and fuboTV are two logical takeover targets in the gaming industry, says an analyst.","og_url":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-10-26T16:30:52+00:00","article_modified_time":"2021-10-26T18:51:38+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/10\/rsi.jpg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/","url":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/","name":"RSI, fuboTV Two Credible Acquisition Targets, Says Oppenheimer Analyst","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/10\/rsi.jpg","datePublished":"2021-10-26T16:30:52+00:00","dateModified":"2021-10-26T18:51:38+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"Rush Street Interactive and fuboTV are two logical takeover targets in the gaming industry, says an analyst.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/10\/rsi.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/10\/rsi.jpg","width":1280,"height":720,"caption":"An analyst sees Rush Street Interactive as a takeover target. The same goes for fuboTV. (Image: YouTube)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/rsi-fubotv-two-credible-acquisition-targets-says-oppenheimer-analyst\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Financial","item":"https:\/\/www.casino.org\/news\/financial\/"},{"@type":"ListItem","position":3,"name":"Rush Street Interactive, fuboTV Again Mentioned as Takeover Targets"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/190115"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=190115"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/190115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/190116"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=190115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=190115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=190115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}