Next.io highlights RSI, Playtech, and Gambling.com as top-performing gambling stocks of 2024
According to iGaming news outlet Next.io, Rush Street Interactive (RSI), Playtech, and Gambling.com Group have emerged as the standout performers in the gambling stock market throughout 2024.
RSI's share value surged by 282.17%, driven by strategic developments, including potential sale rumours, a 34% year-over-year revenue increase in Q2 to $220.4m, and record Q3 revenue of $232.1m with $23.4m in adjusted EBITDA.
Playtech's stock rose 59.38%, fueled by an out-of-court settlement with Caliente, a €122m recovery, and M&A activity, including Flutter Entertainment's acquisition of Snaitech.
Gambling.com Group's stock climbed 44.41%, bolstered by a $160m acquisition of OddsJam and its aggressive M&A strategy, which expanded its global market presence and technological capabilities.
