Colombia Tax UncertaintyColombia's gaming tax status remains uncertain, which could impact RSI's revenue and EBITDA if extended.
Regional Revenue ChallengesRegionally, N.A. revenue +26% YoY offset an 11% decline in LatAm, where Colombia’s temporary tax and player-friendly sports results affected net revenue.
Valuation ConcernsDespite strong execution, RSI's valuation is considered high, trading at a premium compared to competitors.