Blog

– Total gaming handle on theScore Bet up 535% year-over-year –
– New all-time quarterly record for media revenue and esports video views –
– theScore considering a listing on a U.S. stock exchange –

TORONTO, January 13, 2021 – Score Media and Gaming Inc. (TSX: SCR) (“theScore” or “the Company”), today announced the financial results for the three months ended November 30, 2020.

“Our new fiscal year is off to a stellar start, including our best-ever quarter for media revenue, exponential handle growth on theScore Bet, and yet another record period for our esports operations,” said John Levy, Founder and CEO of theScore. “We continue to deepen our market-leading media and betting integrations and achieved year-over-year handle growth of 535% on theScore Bet. While still in the early stages of this fast-growing industry, we are steadily strengthening our expanding footprint in the North American sports betting market. Now, following successful recent launches in Colorado and Indiana, we’re on track to launch in Iowa in the coming weeks, subject to regulatory approval.

“We’re also diligently preparing for the enormous opportunity in Canada ahead of the anticipated creation of a fully-legalized and regulated sports betting and iGaming market in Ontario. theScore is Canada’s most popular mobile sports brand with millions of loyal media app users across the country and we are eager to deploy our cutting-edge technology and launch our best-in-class sportsbook experience to fans in our home territory.

“theScore is uniquely positioned, both in the U.S. and Canada, as the only truly integrated mobile media and gaming company.  Based on the continued development of theScore and the growth of the sports betting industry across North America, in our view it is timely to consider a listing on a U.S. stock exchange. We believe that access to the U.S. capital markets would provide compelling benefits for theScore and our shareholders.”

Recent Highlights 

  • Gaming handle on theScore Bet was up 535% year-over-year in Q1 F2021, reaching $55.8 million for the period. In September, we also began our multi-state expansion of theScore Bet, launching in both Colorado and Indiana, and are set to launch in Iowa in the coming weeks, subject to regulatory approval.
  • We achieved an all-time record quarter for media revenue, generating $10.6 million in Q1 F2021, primarily driven by strong growth in direct advertising sales in both the U.S. and Canada, compared to the prior period.
  • In December 2020, we closed a previously announced bought deal equity offering via short-form prospectus. Including the over-allotment option, which was exercised in full, we issued 32,857,800 Class A Subordinate Voting Shares pursuant to the offering at a price of $1.40 for gross proceeds of $46,000,920. The net proceeds from the offering will be used to fund working capital and other general corporate purposes, including the continued growth and expansion of theScore Bet’s operations in the United States and Canada by supporting the multi-jurisdiction deployment and operation of theScore Bet and user acquisition and retention in jurisdictions where we are, or will be, operating.
  • theScore esports achieved a third-successive record-breaking quarter for video views. Total views of theScore esports’ video content across all platforms reached a new all-time quarterly record of 357 million in Q1 F2021, year-over-year growth of 355%.
  • We launched Bet Section, our most integrated and personalized suite of betting features ever. Bet Section is a new, dedicated home within theScore’s media app, that further deepens our industry-leading media and gaming integrations.

Audience Metrics

We achieved 3.9 million average monthly active users and 458 million average monthly user sessions on theScore app on iOS and Android during the period, equalling 116 average monthly-sessions-per-user.

Across theScore esports’ platforms, we achieved another new quarterly record, totaling 357 million video views in Q1 F2021, year-over-year growth of 355%. An additional 85,000 YouTube subscribers were added during the period, with total channel subscribers now exceeding 1.58 million. theScore esports’ TikTok account added approximately 354,000 new followers in Q1 F2021. Total account followers now exceed 1.1 million.

theScore’s social sports content across Twitter, Facebook, Instagram and TikTok achieved an average monthly reach of approximately 105 million. theScore’s TikTok account added approximately 573,000 new followers in Q1 F2021. Total account followers now exceed 2.8 million.

Financial Results

Total media revenue for Q1 F2021 was $10.6 million compared to $9.2 million for the same period last year, a new all-time record for theScore for a single period.

Gaming handle[1] was $55.8 million and gross gaming revenue[2] was ($0.3) million in Q1 F2021. When taking into account promotional costs and fair value adjustments on unsettled bets, this resulted in negative net gaming revenue[3] of $2.0 million.

EBITDA loss in Q1 F2021 was $9.3 million versus EBITDA loss of $4.8 million for the same period last year. The increase in EBITDA loss was primarily the result of additional expenses incurred in connection with the expansion of our gaming operations compared to the prior year.

Annual and Special Meeting; Proposed Share Consolidation in Contemplation of Potential listing on a U.S. Stock Exchange

theScore will host a virtual Annual and Special Meeting of shareholders at 11:00am EST on Wednesday, February 10, 2021 (the “Meeting”).

At the Meeting, shareholders will be asked to approve a special resolution to authorize theScore’s board of directors to effect a consolidation of our Class A Subordinate Voting Shares and our Special Voting Shares based on a consolidation ratio within the range of one post-consolidation share for every two to twenty pre-consolidation shares. The details of the proposed share consolidation will be included in a Management Information Circular that will be sent to our shareholders in connection with the Meeting.

Our management team has been studying the potential benefits of an additional listing of our Class A Subordinate Voting Shares on a U.S. stock exchange. Based on our stage of development, certain developments in our industry, our observations regarding the market for our peers whose securities are listed on U.S. stock exchanges, and also from discussions with both U.S.-based investment banks and other advisers, we believe that there may be potential benefits of a listing on a U.S. stock exchange, including:

  • a significantly larger pool of available capital;
  • a greater average daily trading volume;
  • a greater number of U.S. retail and institutional investors; and
  • a potential increase in market valuation.

We must satisfy a variety of requirements to be accepted for listing on certain U.S. stock exchanges, including the requirement that the listed securities maintain a minimum per-share trading price for a specific period of time. This is the primary reason for seeking approval of our shareholders at the Meeting for a share consolidation.

Financial Statements and Management’s Discussion and Analysis

We report our financial results in Canadian dollars, unless otherwise indicated. Our unaudited interim consolidated financial statements, accompanying notes, and Management’s Discussion & Analysis for the three months ended November 30, 2020 are prepared in accordance with International Financial Reporting Standards (“IFRS”) and are available on our Investor Relations page.

Conference Call & Webcast

theScore will host a conference call and webcast at 5:30pm, ET on Wednesday, January 13:

Conference Call Dial-In
Local: +1 (647) 689-5637
Toll Free North America: +1 (877) 396-4208
Conference ID: 8482477

The conference call will also be webcast live. Register now here.

Instant Replay
Local: +1 (416) 621-4642
Toll Free North America: +1 (800) 585-8367
Conference ID: 8482477

For more information:
Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Tel: 917-722-3888 ext. 706
Email: [email protected]

Alvin Lobo
Chief Financial Officer
Score Media and Gaming Inc.
Tel: 416-479-8812 ext. 2206
Email: [email protected]

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. Our sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience and is currently available to place wagers in New Jersey, Colorado, and Indiana. Publicly traded on the Toronto Stock 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 our 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, receipt of listing approval by a U.S. stock exchange, receipt of shareholder approval for a share consolidation (and the discretion granted to the board of directors to proceed with a consolidation and to fix a consolidation ratio), the enactment of enabling legislation and regulations in the Province of Ontario to facilitate iGaming and the enactment of federal legislation to permit single-event sports wagering (including the timing of such legislation and regulations being passed and proclaimed in force (if at all) and the terms and conditions imposed in such legislation and regulations on participants in the iGaming industry), the receipt by us of all relevant licences and approvals under the relevant legislation and regulations, and the rate of adoption of online gaming in Canada, and those factors which are discussed under the heading “Risk Factors” in our Annual Information Form as filed with applicable Canadian securities regulatory authorities and available on SEDAR under our 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 and Management Information Circular. 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. We do not intend, and do not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

[1] Handle is calculated as the total amount of money bet by customers in respect of bets that have settled in the applicable period. Handle does not include free bets or other promotional incentives, nor money bet by customers in respect of bets that are open at period end.

[2] Gross gaming revenue is calculated as dollar amounts bet by customers less the dollar amounts paid out to the customers in respect of such bets which have settled in the applicable period.

[3] Net gaming revenue is calculated as gross gaming revenue, less free bets, promotional costs, bonuses and fair value adjustments on open bets.   

Tags: None

January 7, 2021 – TORONTO, ONTARIO – Score Media and Gaming Inc. (“theScore” or the “Company”) (TSX: SCR) is pleased to announce that it has filed and obtained a receipt for its final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada, other than Quebec.

The base shelf prospectus will allow theScore and certain of its security holders to qualify the distribution by way of prospectus in Canada of up to $325,000,000 of Class A Subordinate Voting Shares of the Company, debt securities, warrants, subscription receipts, units, or any combination thereof, during the 25-month period that the base shelf prospectus is effective. The specific terms of any offering under the base shelf prospectus will be established in a prospectus supplement, which will be filed with the applicable Canadian securities regulatory authorities in connection with any such offering. There is no certainty that any securities will be offered or sold under the base shelf prospectus within its 25-month period of effectiveness.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction.

A copy of the base shelf prospectus can be found on SEDAR at www.sedar.com.

For further information contact:

Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Email: [email protected].com
Phone: 202-321-4195

Alvin Lobo
Chief Financial Officer
Score Media and Gaming Inc.
Email: [email protected]
Tel: 416-479-8812 ext. 2206

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 and is currently available to place wagers in New Jersey, Indiana, and Colorado. Publicly traded on the Toronto Stock Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-Looking Statements

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 current Annual Information Form dated October 28, 2020 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 relevant Management’s Discussion & Analysis of the financial condition and results of operations of the Company. 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.

Tags: None

TORONTO, January 6, 2021 – Score Media and Gaming Inc. (TSX: SCR) (“theScore” or “we”, “us” and “our”) plans to release its Q1 F2021 financial results after 5:00pm ET on Wednesday, January 13, 2021.

We will be hosting a conference call and webcast at 5:30pm ET that day where management will review our results, followed by a Q&A session with analysts.


Conference Call Dial-In
Local: +1 (647) 689-5637
Toll Free North America: +1 (877) 396-4208
Conference ID: 8482477

The conference call will also be webcast live. Register now here.

For more information:
Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Tel: 202-321-4195
Email: [email protected] 

Alvin Lobo
Chief Financial Officer
Score Media and Gaming Inc.
Tel: 416-479-8812 ext. 2206
Email. [email protected]

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 and is currently available to place wagers in New Jersey, Colorado, and Indiana. Publicly traded on the Toronto Stock 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.

 

Tags: None

TORONTO – December 31, 2020 – Score Media and Gaming Inc. (TSX: SCR) (“theScore” or the “Company”), has announced that the underwriters of its previously announced bought deal offering via short-form prospectus (the “Offering”) have exercised their over-allotment option in full, resulting in the issue of an additional 4,285,800 Class A Subordinate Voting Shares (“Class A Shares”) of the Company at a price of $1.40 per Class A Share. The exercise of the over- allotment option brings the total gross proceeds of the Offering to $46,000,920 through the issue of an aggregate of 32,857,800 Class A Shares (the “Offered Shares”). Canaccord Genuity Corp. and Eight Capital acted as lead underwriters for the Offering on behalf of a syndicate of underwriters which also included Cormark Securities Inc., INFOR Financial Inc. and Scotia Capital Inc.

The net proceeds from the Offering will be used to fund working capital and other general corporate purposes, including the continued growth and expansion of theScore Bet’s operations in the United States and Canada by supporting the multi-jurisdiction deployment and operation of theScore Bet and user acquisition and retention in jurisdictions where the Company is, or will be, operating.

The Offered Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the Offered Shares may not be offered or sold within the United States, its territories or possessions, any state of the United States or the District of Columbia (collectively, the “United States”) except in transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy any Offered Shares within the United States.


For further information, please contact:

Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Email: [email protected]
Phone: 202-321-4195

Alvin Lobo
Chief Financial Officer
Score Media and Gaming Inc.
Email: [email protected]
Tel: 416-479-8812 ext. 2206

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 and is currently available to place wagers in New Jersey, Indiana, and Colorado. Publicly traded on the Toronto Stock Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-Looking Statements
Statements made in this press 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. Forward- looking statements include, without limitation, statements regarding the anticipated use of proceeds of the Offering. 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 current Annual Information Form dated October 28, 2020 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 relevant Management’s Discussion & Analysis of the financial condition and results of operations of the Company. 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.

Tags: None

December 29, 2020 – TORONTO – Score Media and Gaming Inc. (“theScore” or the “Company”) (TSX: SCR) is pleased to announce that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada, other than Quebec.

The base shelf prospectus, when made final, will allow theScore and certain of its securityholders to qualify the distribution by way of prospectus in Canada of up to $325,000,000 of Class A Subordinate Voting Shares of the Company, debt securities, warrants, subscription receipts, units, or any combination thereof, during the 25-month period that the base shelf prospectus is effective. The specific terms of any offering under the base shelf prospectus will be established in a prospectus supplement, which will be filed with the applicable Canadian securities regulatory authorities in connection with any such offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, state or jurisdiction.

A copy of the preliminary short form base shelf prospectus can be found on SEDAR at www.sedar.com.


For further information contact:

Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Email: [email protected]
Phone: 202-321-4195

Alvin Lobo
Chief Financial Officer
Score Media and Gaming Inc.
Email: [email protected]
Tel: 416-479-8812 ext. 2206

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 and is currently available to place wagers in New Jersey, Indiana, and Colorado. Publicly traded on the Toronto Stock Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-Looking Statements
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 current Annual Information Form dated October 28, 2020 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 relevant Management’s Discussion & Analysis of the financial condition and results of operations of the Company. 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.

Tags: None

– Demacia Championship Marks theScore Esports’ Live Event Broadcast Debut  – 

DECEMBER 19, 2020, TORONTO – theScore esports, North America’s preeminent esports media destination, has been named the exclusive English language broadcast partner for the League of Legends’ Demacia Championship, a marquee annual event featuring 24 of China’s top esports teams.

Live event coverage will run from December 20-27 and be streamed across theScore esports’ YouTube and Twitch channels. The Demacia Championship will be theScore esports’ first-ever live event broadcast, with production originating from their esports headquarters in Toronto.

 “We’re thrilled that TJ Sports identified theScore as the ideal partner to produce and distribute the Demacia Championship’s English language broadcast to fans worldwide,” said Aubrey Levy, Vice President of Content and Marketing, theScore. “We’ve found fantastic audience reception in our coverage of the Chinese League of Legends scene, and can’t wait to leverage our video production expertise and wide global reach to deliver an entertaining live event viewing experience for League fans.” 

“We are glad to work with industry leaders to distribute our tournament, Demacia Championship, to reach a broader audience in the world.” Said Kate Han, Head of Branding and Events at TJ Sports. “We believe the Demacia Championship will bring an excellent watching experience to the western esports audience during the Christmas period for its game quality and unique playstyle of LPL teams. This will be a great pre-season tournament before the upcoming 2021 season.”

Hosted by TJ Sports, the Demacia Championship is the first professional esports competition of their competitive year. The event provides an early look at the new season of League of Legends, and showcases many of the top, up-and-coming talents from one of the world’s most competitive regions.   

theScore is partnering with TJ Sports to produce the English language broadcast of the Demacia Championship. The on-air team providing commentary includes six well-known personalities: Oisín “Penguin” Molloy, Rob “Dagda” Price, Jordan “Lyric” Corby, Clement Chu, Joe “Munchables” Fenny and Jake “Hysterics” Osypenko. The event will be hosted by theScore’s own Danny Burke and Daniel Rosen providing studio coverage. 


For more information:

Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Tel: 202-321-4195
Email: [email protected]

James Bigg
Sr. Manager, Communications
Score Media and Gaming Inc.
Tel: 647-638-9281
Email: [email protected]

About theScore esports
theScore esports is North America’s preeminent esports media destination, reaching millions of fans with its award-winning gaming coverage. Its original series and content cover the games, players and personalities from across the global competitive gaming scene. theScore esports has more than 1.5 million subscribers to its YouTube channel and also publishes across Facebook, Instagram, Twitter and Tik Tok, generating hundreds of millions of views. 

About TJ Sports
TJ Sports is an Esports operation joint venture company, established by Tencent and Riot Games in Jan 2019. Our goal is to make League of Legends Esports the most Professional, Influential, and Commercially Valuable sports in China. Operating League of Legends Pro League (LPL) in China, TJ Sports now envisions to enter the international market by producing and distributing premium esports products to the world.

Tags: None

December 17, 2020 – TORONTO – Score Media and Gaming Inc. (“theScore” or the “Company”) (TSX: SCR) is pleased to announce that it has closed its previously announced bought deal offering via short-form prospectus (the “Offering”). Canaccord Genuity Corp. and Eight Capital acted as lead underwriters for the Offering on behalf of a syndicate of underwriters which also included Cormark Securities Inc., INFOR Financial Inc. and Scotia Capital Inc. (collectively, the “Underwriters”), whereby the Underwriters purchased 28,572,000 Class A Subordinate Voting Shares of the Company (the “Initial Shares”, and each, an “Initial Share”) at a price of $1.40 per Initial Share (the “Issue Price”) for gross proceeds of $40,000,800.

theScore has granted the Underwriters an option (the “Over-Allotment Option”), exercisable once at any time, in whole or in part, until the date that is 30 days following the date hereof, to purchase up to an additional 4,285,800 Class A Subordinate Voting Shares of the Company (the “Additional Shares”, and each, an “Additional Share”, and together with the Initial Shares, the “Offered Shares”) at the Issue Price per Additional Share solely to cover over-allotments, if any, and for market stabilization purposes. The Company has received conditional approval from the Toronto Stock Exchange (the “TSX”) to list the Offered Shares on the TSX.

The net proceeds from the Offering will be used to fund working capital and other general corporate purposes, including the continued growth and expansion of theScore Bet’s operations in the United States and Canada by supporting the multi-jurisdiction deployment and operation of theScore Bet and user acquisition and retention in jurisdictions where the Company is, or will be, operating.

In connection with the Offering, the Company will pay the Underwriters a cash commission equal to 6% of the gross proceeds of the Offering, including any Additional Shares sold pursuant to the exercise of the Over-Allotment Option.

The Offered Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the Offered Shares may not be offered or sold within the United States, its territories or possessions, any state of the United States or the District of Columbia (collectively, the “United States”) except in transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy any Offered Shares within the United States.


For further information contact:

James Bigg
Sr. Manager, Communications
Score Media & Gaming Inc.
Email: [email protected]
Phone: 416-479-8812 ext. 2366

Alvin Lobo
Chief Financial Officer
Score Media and Gaming Inc.
Email: [email protected]
Tel: 416-479-8812 ext. 2206

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 and is currently available to place wagers in New Jersey, Indiana, and Colorado. Publicly traded on the Toronto Stock Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-Looking Statements
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. Forward- looking statements include, without limitation, statements regarding the anticipated use of proceeds of the Offering. 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 current Annual Information Form dated October 28, 2020 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 relevant Management’s Discussion & Analysis of the financial condition and results of operations of the Company. 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.

Tags: None

November 30, 2020 – TORONTO – Score Media and Gaming Inc. (“theScore” or the “Company”) (TSX: SCR) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and Eight Capital (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 28,572,000 Class A Subordinate Voting Shares of the Company (“Offered Shares”) at a price of $1.40 per Offered Share (the “Issue Price”) for gross proceeds to the Company of $40 million (the “Offering”).

In addition, theScore has granted the Underwriters an option, exercisable at any time, in whole or in part, until the date that is 30 days following the closing of the financing, to purchase up to an additional 4,285,800 Class A Subordinate Voting Shares of the Company solely to cover over-allotments, if any, and for market stabilization purposes. In the event the over-allotment option is exercised in full, the aggregate gross proceeds of the Offering will be $46 million.

theScore intends to use the net proceeds from the Offering for working capital and general corporate purposes, including the growth and expansion of theScore Bet’s operations in the U.S. and Canada by supporting the deployment and operation of theScore Bet and user acquisition and retention in jurisdictions where the Company is, or will be, operating.

The Offering will be conducted by way of a short form prospectus to be filed in all the provinces of Canada, excluding Quebec, and elsewhere on a private placement basis in sales exempt from applicable prospectus and/or registration requirements. The Offering is scheduled to close on or about December 17, 2020 and is subject to customary closing conditions, including listing of the Offered Shares on the Toronto Stock Exchange and any required approvals of the exchange and applicable securities regulatory authorities.

The Offered Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the Offered Shares may not be offered or sold within the United States, its territories or possessions, any state of the United States or the District of Columbia (collectively, the “United States”) except in transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy any Offered Shares within the United States.


For further information contact:

James Bigg
Sr. Manager, Communications
Score Media & Gaming Inc.
Email: [email protected]
Phone: 416-479-8812 ext. 2366

Alvin Lobo
Chief Financial Officer
Score Media and Gaming Inc.
Email: [email protected]
Tel: 416-479-8812 ext. 2206

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 and is currently available to place wagers in New Jersey, Colorado and Indiana. Publicly traded on the Toronto Stock Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-Looking Statements
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. Forward‐ looking statements include, without limitation, statements regarding the expected timing and completion of the Offering and the anticipated use of proceeds of the Offering. 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 current Annual Information Form dated October 28, 2020 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 relevant Management’s Discussion & Analysis of the financial condition and results of operations of the Company. 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.

Tags: None

TORONTO, November 26, 2020 – Score Media and Gaming Inc. (TSX: SCR) (“theScore” or the “Company”) Founder and CEO John Levy today issued the following statement in response to the Canadian Federal Government introducing legislation to legalize single-event sports wagering in Canada.

The legislation proposes amendments to Canada’s Criminal Code to give provinces and territories the ability to offer single-event sport betting products and the discretion to manage single-event sport betting in their respective jurisdictions.

“Canadians deserve a modernized and regulated sports betting market and we commend the federal government for their efforts to legalize single-event wagering,” said Mr. Levy. “There is now clear cross-party support and strong momentum to amend Canada’s outdated federal laws and enable the legal sports betting market to flourish. As the leading mobile sports brand in Canada, we are eager to bring theScore Bet to our fans and offer them our best-in-class sports betting experience.”

theScore estimates a market potential for online gaming in Canada of between US$3.8 billion and US$5.4 billion in annual gross gaming revenue, based on historical data extrapolated from legal online gaming markets in the U.S. and globally.

theScore’s sports media app (iOS and Android) is one of the most popular multi-sport news and data apps in North America and its mobile sportsbook, theScore Bet (iOS and Android), delivers an immersive and holistic mobile sports betting offering, including a wide range of pre-game and in-play betting across all major sports leagues and events, and a comprehensive variety of bet types, and is currently live in New Jersey, Colorado, and Indiana.


For more information:
Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Tel: 202-321-4195
Email: [email protected]

Benjie Levy
President & Chief Operating Officer
Score Media and Gaming Inc.
Tel: 416-479-8812 ext. 2284
Email. [email protected]

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 and is currently available to place wagers in New Jersey, Colorado, and Indiana. Publicly traded on the Toronto Stock 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, the enactment of enabling legislation and regulations in the Province of Ontario to facilitate iGaming and the enactment of federal legislation to permit single-event sports wagering (including the timing of such legislation and regulations being passed and proclaimed in force (if at all) and the terms and conditions imposed in such legislation and regulations on participants in the iGaming industry), the receipt by the Company of all relevant licences and approvals under the relevant legislation and regulations, and the rate of adoption of online gaming in Canada, and those factors 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.

– Bet Section Delivers Suite of New Personalized Betting Features, Further Deepening theScore’s Industry-Leading Media and Gaming Integrations

TORONTO, November 12, 2020 – Score Media and Gaming Inc. (TSX: SCR) (“theScore” or the “Company”) today debuted Bet Section, its most integrated and personalized suite of betting features ever. A new, dedicated home within theScore’s media app, Bet Section takes the company’s innovative cross-platform media and betting experience with theScore Bet to the next level.

Users will receive a suite of highly personalized betting features, such as prioritized and tailored markets, live bet tracking and exclusive promotions. Bet Section’s deep integrations make it even simpler for fans to create bet slips, follow their action and even receive cash out offers for theScore Bet, all within theScore.

“We launched theScore Bet on the premise that betting should be a natural extension of how fans consume sports, not an isolated transactional experience,” said John Levy, Founder and CEO, theScore. “With the launch of Bet Section we’re further fulfilling that mission by creating an unparalleled cross-platform experience that personalizes and streamlines the betting process for users as they interact with our media app. It’s natural, seamless and reinforces our cutting-edge approach in fusing media with gaming.”

Key features of Bet Section include:

  • Personalized Markets: Bet Section surfaces the most relevant markets available on theScore Bet based on sports fans’ favorite teams and leagues on theScore, helping them discover the bets they’re most likely to care about.
  • Bet Tracking: When a bet is placed on theScore Bet, it will automatically be tracked live within Bet Section on theScore. This means fans can follow their wagers live in theScore’s sports app – including seeing real-time cash out offers – allowing them to always know where their action stands while still focusing on the game.
  • Exclusive Promotions: Sports fans will be served exclusive and personalized promotions for theScore Bet.
  • Community Polling: See how picks are polling with other users of theScore, cast your vote and use the results to start building a bet slip.

Bet Section is available now for all U.S. users of theScore app on iOS devices with Bet Mode activated from their profile page.

theScore’s sports media app (iOS and Android) is one of the most popular multi-sport news and data apps in North America and its mobile sportsbook, theScore Bet (iOS and Android), delivers an immersive and holistic mobile sports betting offering, including a wide range of pre-game and in-play betting across all major sports leagues and events, and a comprehensive variety of bet types. theScore Bet is currently live and taking bets in New Jersey, Colorado and Indiana, with more states to follow.

If you or someone you know has a gambling problem and wants help, please visit our Responsible Gaming page for information on help and resources available.


For more information:

Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Tel: 202-321-4195
Email: [email protected]

Benjie Levy
President & Chief Operating Officer
Score Media and Gaming Inc.
Tel: 416-479-8812 ext. 2284
Email. [email protected]

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX) 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 and is currently available to place wagers in New Jersey, Colorado, and Indiana. Publicly traded on the Toronto Stock 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.