Brightstar Lottery PLC vs Rush Street Interactive Inc

Brightstar Lottery PLC (BRSL) is undervalued and Rush Street Interactive Inc (RSI) is overvalued.

Against our estimates of intrinsic value, BRSL trades at the wider discount: a margin of safety of +33%, against -119% for RSI.

Values as of the 22 Sept 2026 close.

Brightstar Lottery PLC (BRSL)

Discounting its cash flows at 6.7% (average of 3 methods) values the shares at $15.50; the price of $10.42 is 33% below that value, and 84% of that value comes from beyond year five.

Leak Score 56/100 on 2 of 12 signals

Rush Street Interactive Inc (RSI)

Discounting its cash flows at 12.2% (average of 3 methods) values the shares at $9.69; the price of $21.22 is 119% above that value, and 68% of that value comes from beyond year five.

Leak Score 59/100 on 3 of 12 signals

MetricBRSLRSI
VerdictUndervaluedOvervalued
Price$10.42$21.22
Intrinsic value$15.50$9.69
Margin of safety+33%-119%
Leak Score56/100 (2/12)59/100 (3/12)
Market cap$1.9B$4.9B
Revenue growth, 5 years-4.3%32.4%
Operating margin24.6%10.1%
Net margin6.9%2.3%
Return on equity15.7%20.7%
Debt to equity5.230.08
P/E11.6x71.6x
Forward P/E13.7x25.3x
P/B2.3x13.2x
Dividend yield8.8%

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