As promised, here is my DD on $RSI, first time doing a thread like this so feel free to chime in. Some background:
- Majority shareholders are Chairman Neil Bluhm, CEO & Greg Carlin, and President Richard Schwartz. All are Co-founders.

- Bluhm and Carlin retain approx. 93% of existing equity holdings in combined company
- He's an established real estate tycoon, owner of 900 North Michigan, Four Seasons, Ritz Carlton, and several casinos in PA, IL, and NY, & owns a minority stake in Chicago Bulls and White Sox

- Co-founder and managing director for Walton Street Capital and has marquee projects including Copley Place (Boston) and Century City (Los Angeles)
- Co-founded JMB realty which became one of the largest property owners and developers in the US

- Greg Carlin worked as an investment banker at Lazard Freres & Bankers Trust, left banking to join LAMB Partners, a diversified private investment firm led by Neil Bluhm
- Serves on the board of directors for both Falls Management Company and the American Gaming Association

Some details about RSI:
- Merged with SPAC dMY Technology Group, began trading as $RSI on December 30, 2020.
- Current market cap of 953.05M as of now
- $RSI operates two brands: BetRivers and online casino brand PlaySugarhouse

- Currently operating online gaming sites in IL, MI, IA, PA, NJ, IN, CO, and Colombia
- $RSI has claimed gaming licenses in PA and IL, a scarcity of gaming licenses exist here
- First US based gaming operator to launch legal and regulated online sports book in Latin America

- $RSI controls about 15% of U.S. online casino market, equal to FanDuel and more than DraftKings, MGM, and Golden Nugget
- BofA analyst Shaun Kelly states "Sports betting is getting all the attention, but we're projecting that online casinos will be more valuable". Good for $RSI

- Combined market of sports betting and online gaming expected to grow from $5B to $22B in annual sales in a decade
- If this is true, RSI is well positioned to capitalize on the online casinos market where the board has decades of gaming experience

- Other states including NE, NY, MA, and FL pushing to legalize mobile and online sports betting
- COVID-19 adds an interesting dynamic: very few states allow online casinos so far but they need revenue now, many considering legalization to create revenue and jobs

- Online casino is a stronger generator of tax revenue than online sports betting
- $RSI offers premier in-game and live event streaming and expected to launch a new iOS sports book app later this year
- Boasts #1 online casino share in US for second straight quarter

- $RSI have received several industry awards from the 2020 EGR North America Awards and the Global Gaming Awards Las Vegas 2020, including Casino operator of the year, customer service operator of the year, and digital operator of the year

- Have strategic marketing/sponsorship arrangements w/ Pittsburgh Penguins, NFL hall of famer Jerome Bettis, TopGolf, iHeart Media, & Entercom
- Multi-year agreement with VSiN, the 1st multi-platform broadcasting company dedicated to delivering news about sports betting industry

- Partnered with IMG Arena to debut first-ever UFC Event Centre, a leading sports betting content hub with live betting opportunities during every UFC fight
- Partnered with Coushatta Casino Resort in LA to offer social casino and sports book

- In August 2020, $RSI was #1 in online slot machine revenue in PA and #1 in online gaming revenue in PA
- Average online casino customer generates 3x more revenue than the average online sports bettor per month
- Online casino customers are split equally between male & female

- SPAC merger transaction valued the company at an initial enterprise value of approx. $1.78B, or 5.6x RSI's projected 2021 revenue of $320M
- Cash from transaction consisted of dMY's $230M cash in trust and $160m in PIPE investment led by Fidelity Management and Research company

- Anticipated to have over $235M on its consolidated balance sheet at closing and an anticipated initial equity market cap of over $2.0B
- During FY 2019, RSI had revenue of $64M
- Recorded revenue growth of 370% YOY from $16.7M in Q3 2019 to $78.2M in Q3 2020

- EBITDA of $9.9M in 2020, up 662% from 2019 EBITDA of $1.3M
- Advertising and promotions expenses increased 81% from $9.7M during Q3 2019 to $17.5M during Q3 2020
- Real Money Active Users increased 135% YOY and 87% QOQ

- Raised 2020 full year revenue guidance by 20% to between $265M & $275M from prior guidance of $225M
- ARPDAU of $1.02
- LTV/CAC is 23% higher than Golden Nugget ($LCA) 1 year return on ad spending indicating strong return on marketing spending

- Not much is known about their financials due to the recent merger, but earnings expected on 2/15 pre-market.
- Overall, it seems $RSI is well-positioned to capitalize on the online gaming industry which is expected to continue to grow as more states legalize online gaming

If I missed anything, please feel free to chime in and add anything as well as ask questions!

@InfinityTradesX @DPogrebinsky thoughts? Hopefully this is of use to somebody. If I missed any important points feel free to let me know and I can do more digging