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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.

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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.

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– 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.

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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.

TORONTO, November 6, 2020 – Score Media and Gaming Inc. (TSX: SCR) (“theScore” or the “Company”) today announced its support for the introduction of legislation by the Ontario Provincial Government to facilitate the expansion of internet gaming (“iGaming”) in the province as part of its 2020 Budget – Protect, Support, Recover.

The Province confirmed yesterday that, if passed, this legislation would give the Alcohol and Gaming Commission of Ontario (“AGCO”), through a dedicated subsidiary, authority to manage the relationship between the provincial government and private iGaming operators.

theScore Founder and CEO John Levy said: “We fully support this action by the provincial government that moves us a significant step closer towards safe and regulated sports betting in Ontario. Canada is theScore’s home turf and we are eager to bring our award-winning sportsbook, theScore Bet, to our highly engaged fans across Ontario, a huge market with a population larger than all but four U.S. states.

“We’re also encouraged by the province’s commitment to continue to work with the federal government in their effort to legalize single-event sports wagering in Canada, where legislation to effect this change was debated in the House of Commons earlier this week.”

The Province and the AGCO will now continue to work with key stakeholders, including theScore, on the design of an iGaming market for Ontario that would “reflect consumer preferences and foster an exciting gaming experience, while ensuring that appropriate responsible gaming protections are in place.”

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.


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 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.

 

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TORONTO, November 3, 2020 – Score Media and Gaming Inc. (TSX: SCR) (“theScore” or the “Company”) Founder and CEO John Levy issued the following statement on today’s anticipated reintroduction of legislation (Private Members Bill C-218) in the House of Commons to legalize single event wagering at the federal level in Canada.

“We strongly support this bill to amend Canada’s outdated federal laws and give sports fans the choice to wager on single events,” said Mr. Levy. “Canadians deserve a modernized, regulated, and competitive sports betting market, and the reintroduction of this bill is another important step in that direction. As Canada’s leading independent digital sports media brand, and with an active and growing U.S. sportsbook business, we are very excited about the potential opportunities around regulated sports betting here. When the opportunity arises, we will be ready to offer our award-winning sportsbook, theScore Bet, to fans on our home turf.”

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.  In September, theScore Bet continued its multi-state expansion 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, 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.

 

 

TORONTO, October 28, 2020 – Score Media and Gaming Inc. (TSX: SCR) (“theScore” or “the Company”), today announced the financial results for the three and 12 months ended August 31, 2020.

“Fiscal 2020 began with the momentous launch of our gaming operations, with theScore Bet debuting in New Jersey,” said John Levy, Founder and CEO of theScore. “We were seeing great early momentum when, along with the rest of the industry, we had to adjust to the global disruption to sports brought on by the COVID-19 pandemic. Notwithstanding these challenges, we successfully navigated this period by keeping our team at full strength, preserving the vast majority of our userbase, and diligently preparing for the return of sports, culminating in the successful multi-state launch of theScore Bet into both Colorado and Indiana last month.

“With sports leagues now back in action, our media and gaming operations are thriving again in early Q1 F2021. Our unique formula of fusing media with gaming is resonating with fans, with total gaming handle on theScore Bet up more than 500% year-over-year in September with that momentum continuing into October too. We’re also excited by the early momentum in Colorado and Indiana, contributing to an extremely strong start to our new fiscal year across gaming and media.

“Media advertising sales in September set a new all-time record for a single-month, as brands clamoured to engage with fans around this extremely busy and unique sports calendar. While Q4 audience and revenue was still impacted by the mass disruption to sports, media app users and engagement are now returning to pre-pandemic levels. Furthermore, we registered another all-time quarterly record for video views on our esports platforms, with an increasing number of high-profile brands activating against our market-leading coverage of the fast-growing competitive video gaming scene.

“We are in a strong position to build on this momentum throughout F2021, further leveraging the power of media and gaming, bringing theScore Bet to more states, and exploring opportunities to add to our existing market access footprint.”

Recent Highlights

  • theScore successfully began the multi-state expansion of its mobile sportsbook, theScore Bet, launching in both Colorado and Indiana in September. As part of the launch, theScore Bet also debuted its new cutting-edge multi-state account and wallet functionality, delivering a seamless cross-state experience for sports fans as it expands across the United States via a single mobile app. The Company anticipates launching theScore Bet next in Iowa in early calendar 2021, subject to receiving the relevant licenses and regulatory approvals.
  • theScore Bet secured market access to operate an online casino in New Jersey via a multi-year agreement with Twin River Worldwide Holdings Inc. The Company anticipates launching its online casino product in New Jersey in the second half of calendar 2021, subject to securing all applicable licenses and regulatory approvals from the New Jersey Division of Gaming Enforcement and the completion of Twin River’s pending acquisition of Bally’s Atlantic City Hotel & Casino in Atlantic City, New Jersey.
  • theScore graduated from the TSX Venture Exchange (“TSXV”) to the Toronto Stock Exchange (“TSX”). Our Class A Subordinate Voting Shares (“Class A Shares”) commenced trading on the TSX at market open on September 15, 2020 under the existing ticker “SCR”.
  • theScore appointed sports business leader and four-time Olympian Angela Ruggiero to its Board of Directors. Ms. Ruggiero, CEO and Co-Founder of technology-powered market research firm Sports Innovation Lab, will support theScore as it continues to grow its sports media and gaming operations across North America.
  • theScore closed a bought deal offering via short-form prospectus (the “Offering”), raising gross proceeds of $25,649,390 for the Company. Net proceeds from the Offering will be used to fund working capital and other general corporate purposes, including the growth and expansion of our sports betting operations in the U.S. and Canada.
  • Total views of theScore esports’ video content across all platforms reached a new all-time quarterly record of 292 million in Q4 F2020, year-over-year growth of 243%. During the period, theScore esports worked with major brands, including Riot Games and Mastercard, around sponsored custom content activations.

Audience Metrics

Despite the continued disruption to the sports calendar caused by the COVID-19 pandemic during Q4 F2020, the Company achieved 3.0 million average monthly active users of theScore app on iOS and Android during the period, representing 83% of average monthly active users achieved in the same period the previous year.

Live sports events drive significant engagement in theScore app, and the disruption to the sports calendar led to an expected year-over-year decline in engagement in Q4 F2020. However, theScore’s continued focus on delivering innovative and interactive content, coupled with the gradual return of live sports leagues and events towards the end of the period, resulted in 70 average monthly sessions-per-user in Q4 F2020 versus 75 average monthly sessions-per-user in the same period the previous year.

Across theScore esports’ platforms, we achieved a new quarterly record of 292 million total video views in Q4 F2020, year-over-year growth of 243%. An additional 112,000 YouTube subscribers were added during the period, with total channel subscribers now exceeding 1.5 million. theScore esports’ TikTok account added approximately 641,000 new followers in Q4 F2020. Total account followers now exceed 1.0 million.

theScore’s social sports content across Twitter, Facebook, Instagram, and TikTok achieved an average monthly reach of approximately 103 million. theScore’s TikTok account added approximately 576,000 new followers in Q4 F2020. Total account followers now exceed 2.4 million.

Financial Results 

Total revenue for Q4 F2020 was $2.5 million compared to $6.4 million for the same period last year, while total revenue for the 12 months ended August 31, 2020 was $20.7 million compared to $31.1 million for the same period last year. This anticipated decline in revenue for the period reflects the direct impact of the disruption to the sports calendar caused by the COVID-19 pandemic.

Gaming handle[1] was $14.8 million in Q4 F2020 and $41.5 million for the 12 months ended August 31, 2020. Gross gaming revenue[2] was ($0.5) million in Q4 F2020 and $253,000 for the 12 months ended August 31, 2020. When taking into account promotional costs and fair value adjustments on unsettled bets, this resulted in negative net gaming revenue[3] of $1.2 million and $1.4 million for the three and 12 months ended August 31, 2020 respectively.

EBITDA loss in Q4 F2020 was $8.3 million versus EBITDA loss of $4.1 million for the same period last year. EBITDA loss for the 12 months ended August 31, 2020 was $30.5 million versus EBITDA loss of $6.5 million in the same period last year. The increase in EBITDA loss was primarily due to the COVID-19-related impact on revenue for the period and the result of additional expenses incurred in connection with the expansion of our gaming operations compared to the prior year.

Financial Statements and Management’s Discussion and Analysis

Score Media and Gaming Inc. reports its financial results in Canadian dollars, unless otherwise indicated. The Company’s unaudited interim consolidated financial statements, accompanying notes, and Management’s Discussion and Analysis for the three and 12 months ended August 31, 2020 are prepared in accordance with International Financial Reporting Standards (“IFRS”) and are available on the Company’s Investor Relations page.

Conference Call & Webcast

theScore will host a conference call and webcast at 4:30pm ET on Wednesday, October 28:

Conference Call Dial-In
Local: +1 (647) 689-5637
Toll Free North America: +1 (877) 396-4208
Conference ID: 9186437

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: 9186437


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.

[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.