Online-centered gaming stocks’ have declined less than their brick-and-mortar-heavy competitors in the days after President Donald Trump announced new tariffs on most other countries.
Major digital-focused sports betting and iGaming platforms have suffered single-digit declines since Trump announced sweeping tariffs April 2, outperforming the S&P 500 and the Nasdaq. Companies with large physical property portfolios have underperformed the leading stock indexes. This decline is even more pronounced among operators with significant overseas assets.
Online companies have been among the market’s best performers since the tariff announcement sparked significant losses.
Rush Street Interactive stock has dropped around 4% since April 1, leading all major publicly traded gaming stocks.
