theScore Backs Sports League Calls to Legalize Single-Event Wagering in Canada
13 6월 2020 - 6:18AM
Business Wire
Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore” or
“the Company”), today supported calls by the commissioners of five
major professional sports leagues for the Canadian federal
government to allow single-event sports wagering in the
country.
In a joint statement sent to several key members of the Canadian
government, Adam Silver from the National Basketball Association
(NBA), Gary Bettman from the National Hockey League (NHL), Rob
Manfred from Major League Baseball (MLB), Don Garber from Major
League Soccer (MLS), and Randy Ambrosie from the Canadian Football
League (CFL) called on the country’s federal laws to be updated to
authorize provinces to offer betting on single sporting events.
theScore Founder and CEO John Levy has previously voiced support
for proposals by the Ontario provincial government to legalize
online gambling in the province, as well as calls to legalize
single event sports wagering at the federal level. The Company has
also been an active participant in the province’s stakeholder
consultation process.
“We strongly support the league commissioners’ calls to promptly
amend Canada’s outdated federal laws to provide a safe, regulated,
and competitive sports betting environment for fans in this
country,” said Levy. “Sports betting is a major part of the fan
experience and already takes place in Canada through the unlicensed
grey market with offshore operators. For the past two years, the
United States has demonstrated the kind of tangible consumer and
tax benefits related to regulated sports betting that could be
similarly impactful in Canada.”
In September 2019 theScore made history by becoming the first
sports media company in North America to create and launch a mobile
sportsbook. Currently taking wagers in New Jersey and set to expand
into both Indiana and Colorado in the coming months, subject to
receiving all licenses and approvals, theScore Bet has been
uniquely integrated with theScore’s highly-popular sports news and
scores app to deliver a holistic media and gaming experience.
“We’re often asked by our Canadian users how they can bet
through theScore, a sports media platform they already know and
trust, versus the current list of unregulated offshore providers,”
said Levy. “When the opportunity to do that arises, theScore will
be ready to offer Canadians a truly best-in-class mobile sports
betting experience with theScore Bet.”
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Score Media and Gaming
Inc. Score Media and Gaming Inc. empowers millions of
sports fans through its digital media and sports betting products.
Its media app ‘theScore’ is one of the most popular in North
America, delivering fans highly-personalized live scores, news,
stats, and betting information from their favorite teams, leagues,
and players. The Company’s sports betting app ‘theScore Bet’
delivers an immersive and holistic mobile sports betting
experience. Natively built for iOS and Android devices, theScore
Bet is deeply integrated with theScore’s media app and is currently
available to place wagers in New Jersey. Publicly traded on the TSX
Venture Exchange (SCR), theScore also creates and distributes
innovative digital content through its web, social and esports
platforms.
Forward-looking (safe harbour)
statement Statements made in this news release that
relate to future plans, events or performances are forward-looking
statements. Any statement containing words such as “may”, “would”,
“could”, “will”, “believes”, “plans”, “anticipates”, “estimates”,
“expects” or “intends” and other similar statements which are not
historical facts contained in this release are forward-looking, and
these statements involve risks and uncertainties and are based on
current expectations. Such statements reflect theScore’s current
views with respect to future events and are subject to certain
risks, uncertainties and assumptions. Many factors could cause the
Company’s actual results, performance or achievements to be
materially different from any future results, performance or
achievements that may be expressed or implied by such forward
looking statements, including among other things, those which are
discussed under the heading “Risk Factors” in the Company’s Annual
Information Form as filed with applicable Canadian securities
regulatory authorities and available on SEDAR under the Company’s
profile at www.sedar.com and elsewhere in documents that theScore
files from time to time with such securities regulatory
authorities, including its Management’s Discussion & Analysis.
Should one or more of these risks or uncertainties materialize, or
should assumptions underlying the forward-looking statements prove
incorrect, actual results could differ materially from the
expectations expressed in these forward-looking statements. The
Company does not intend, and does not assume any obligation, to
update these forward-looking statements except as required by
applicable law or regulatory requirements.
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version on businesswire.com: https://www.businesswire.com/news/home/20200612005587/en/
James Bigg Sr. Manager, Communications Score Media and Gaming
Inc. Tel: 416-479-8812 ext. 2366 Email: james.bigg@thescore.com
Josh Sidsworth General Counsel & CCO Score Media and Gaming
Inc. Tel: 416-479-8812 ext. 2368 Email:
josh.sidsworth@thescore.com
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