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TORONTO, January 15, 2020 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore”) plans to release its Q1 F2020 financial results at market close on Wednesday January 22, 2020.

theScore will also host a conference call and webcast at 4:30pm ET that day where management will review the Company’s Q1 F2020 results, followed by a Q&A session.

Conference Call Dial-In
Local: +1 (647) 689-5637
Toll Free North America: +1 (877) 396-4208
Conference ID: 4388306

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: 4388306 

Annual General Meeting
theScore will be hosting its Annual General Meeting at 11:00am EST on Thursday, January 23, 2020 at the Company’s Toronto office at: 500 King Street West, Fourth Floor, Toronto, Ontario, M5V 1L9.

For more information:
James Bigg
Sr. Manager, Communications
theScore, Inc.
Tel: 647-638-9281
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Score Media and Gaming Inc.
Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore’ is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company’s mobile sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience. Natively built for iOS and Android devices, theScore Bet is deeply integrated with theScore’s media app and is currently available to place wagers in New Jersey. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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

– Experienced gaming executive will support multi-state rollout of theScore Bet

TORONTO, December 9, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore” or “Company”) is pleased to announce the appointment of Josh Sidsworth as General Counsel and Chief Compliance Officer, with immediate effect. He will be based at theScore’s head office in Toronto and will lead all legal, regulatory and compliance matters for the Company, supporting the multi-state rollout of its mobile sportsbook, theScore Bet.

Sidsworth has extensive experience in the gaming space, most recently as EVP Corporate Development and General Counsel for the NRT Group of Companies, the world’s largest supplier of payment kiosk solutions to casino operators around the world.

John Levy, Founder and CEO of theScore, said: “We are very excited that Josh has joined theScore team. His extensive experience will be invaluable as we plan and execute the expansion of our gaming business – from our initial footprint in New Jersey to a multi-state presence across the United States.”

Sidsworth said: “I’ve always been a huge fan of theScore and their authentic way of connecting with sports fans. Building on this connection by offering users an integrated sports media and betting experience is truly unique, and I’m thrilled to be joining the team to help them deliver on this vision.”

Launched in September, theScore Bet made history by becoming the first mobile sportsbook to be created and launched by a media company in North America. Natively built, it is a comprehensive mobile sports betting platform operating in New Jersey via a market access agreement with Darby Development LLC, the operator of Monmouth Park Racetrack. theScore also has market access across 11 additional states via its partnership with Penn National Gaming, subject to the enactment of state gaming laws and regulations and the receipt of relevant licenses and approvals.

For more information:

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Score Media and Gaming Inc.
Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore’ is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company’s mobile sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience. Natively built for iOS and Android devices, theScore Bet is deeply integrated with theScore’s media app and is currently available to place wagers in New Jersey. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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 26, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore”) today unveiled FUSE by theScore, a new suite of innovative integrations linking its media and sports betting platforms, creating even faster and tighter navigation between theScore, its popular sports app, and theScore Bet, its mobile sportsbook.

Available on iOS devices, users can now create betslips from within theScore sports app for the first time, including markets for moneylines, spreads, and totals. These native integrations have been embedded directly into theScore’s media app box scores, where users can leverage deep data, scores, and stats to inform, support, and now build their betslip. A single tap then takes users directly into theScore Bet to complete the wager.

Also, now available in theScore’s public chat pages, users can vote on betting polls, then jump directly to theScore Bet to back up their selection with a wager.

“The launch of theScore Bet revolutionized the integration of sports betting and media, and the introduction of FUSE takes it to another level,” said John Levy, Founder and CEO of theScore.

“We’ve created an unparalleled cross-platform media and betting experience, getting sports fans into the action faster than ever. Our goal is to continue to surpass sports fans’ expectations while leading the way for media in the sports betting industry. And with FUSE, we’re only getting started.”

To access the new integrations, theScore Bet users must have ‘Bet Mode’ activated on theScore media app on the same device. Currently, to place a wager on theScore Bet, users must be physically located in the state of New Jersey.

Launched in September, theScore Bet made history by becoming the first mobile sportsbook to be created and launched by a media company in North America. Natively built, it is a comprehensive mobile sports betting platform operating in New Jersey via a market access agreement with Darby Development LLC, the operator of Monmouth Park Racetrack. theScore also has market access across 11 additional states via its partnership with Penn National Gaming, subject to the enactment of state gaming laws and regulations and the receipt of relevant licenses and approvals.

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Score Media and Gaming Inc.
Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore’ is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company’s mobile sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience. Natively built for iOS and Android devices, theScore Bet is deeply integrated with theScore’s media app and is currently available to place wagers in New Jersey. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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.

Channel continues its rapid growth through industry-leading coverage of competitive gaming

TORONTO, November 13, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore”) announced today that its competitive gaming content offering ‘theScore esports’ has now passed one million subscribers on its industry-leading YouTube channel.

The milestone is a result of the channel’s strategy to break-down the barriers that often make the subject of esports inaccessible for many, producing content for both hardcore and casual gaming fans alike through the largest dedicated esports content team anywhere. More than 30 content creators produce up to eight videos each week across theScore esports’ popular franchises, including “The Story Of”, “Esports Shorts” and “Don’t @ Me”, which routinely reach six-to-seven figure viewership within days of publishing.

Featuring dynamic video storytelling and a nimble approach to content development, the channel delivers the biggest news and features from across competitive gaming. theScore esports team also works directly with major brands — most recently entertainment company Ubisoft and technology company Nvidia — to deliver custom content and strategic integrations.

“We’re incredibly proud of our growth rate and the success we’ve found across theScore esports’ video franchises,” said Aubrey Levy, VP of Content & Marketing at theScore. “Our focus is on producing premium video storytelling that is equally entertaining and approachable for all levels of fandom. We’re thrilled at how audiences have responded to our content, and we thank our loyal fanbase for all of their support in helping us hit one million subscribers.

“As we’ve already seen through our recent partnerships with Ubisoft and Nvidia, the reach and engagement of our video content has also created exciting opportunities for brands. Through our in-house team of esports industry experts and content creators, theScore esports is the perfect partner for those looking to engage with a large and highly-coveted audience of competitive gaming fans.”

theScore esports has quickly developed an unparalleled following as a leading trusted and independent media outlet, providing competitive gaming fans globally with unrivaled access and insight into the titles, leagues, players, and personalities they love. In Q4 F2019 (June – August 2019), theScore esports achieved a new quarterly record of 85 million total video views, representing year-over-year growth of 157%, with its subscriber growth trajectory substantially outpacing other major esports and traditional sports channels on YouTube.

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Score Media and Gaming Inc.
Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore’ is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company’s mobile sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience. Natively built for iOS and Android devices, theScore Bet is deeply integrated with theScore’s media app and is currently available to place wagers in New Jersey. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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 23, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore”) today announced the financial results for the three and 12 months ended August 31, 2019 in accordance with International Financial Reporting Standards (“IFRS”). All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.

Q4 F2019 Highlights

  • theScore launched its mobile sportsbook ‘theScore Bet’ in New Jersey in September after receiving regulatory approval by the New Jersey Division of Gaming Enforcement during Q4. Developed natively for iOS and Android devices, theScore Bet is a comprehensive mobile sports betting platform, uniquely integrated with theScore’s popular sports app to provide an immersive and holistic sports betting experience.
  • theScore announced a major expansion of its U.S. mobile sports betting business, securing market access rights to offer online and mobile sports betting and i-gaming applications in an additional 11 states via a 20-year market access framework agreement with Penn National Gaming Inc., North America’s largest regional gaming operator. Penn National also took an equity stake in theScore, subscribing for US$7.5 million of Class A Shares as part of a US$10 million Private Placement, alongside other investors.
  • theScore secured a $40 million strategic investment from a fund managed by Fengate Asset Management to fund the growth and development of theScore’s media and sports betting businesses.
  • theScore achieved a new Q4 revenue record of $6.4 million. This compared to $5.1 million in revenue for the same period last year, with year-over-year growth of 25% led by strong performances from direct sales in the U.S. and Canada.
  • theScore achieved a new Q4 record for average monthly user sessions on theScore sports app. Average monthly sessions reached 272 million during Q4 F2019, year-over-year growth of 6%, with users opening it an average of 75 times a month each.
  • theScore’s social sports content reached approximately 142 million users in Q4 F2019, a new quarterly record and year-over-year growth of 150%.
  • Total video views of theScore’s esports content also achieved a new quarterly record of 85 million, year-over-year growth of 157%.

“theScore Bet is live and taking bets in New Jersey, capping one of the most significant quarters and fiscal years in our history,” said John Levy, Founder and CEO of theScore. “Not only did we successfully launch our new sports betting platform in the fast-growing New Jersey sports betting market, but we also secured market access rights for an additional 11 states via a highly-coveted partnership with Penn National Gaming.

“Along with New Jersey, this provides us with potential market access to offer mobile sports betting to about 30% of the U.S. population. We continue to explore strategic opportunities to bring theScore Bet to as many states as possible and are well capitalized to execute on our vision following the $40 million strategic investment by Fengate.

“It was also a record Q4 for advertising revenue in our media business, powered by strong direct sales deals in the U.S. and Canada, while records were also broken for Q4 engagement on our sports app as well as consumption of our esports and social content. The continued growth of our media business, combined with our unique and differentiated entry into the sports betting space, puts us in a strong position as we enter fiscal 2020.” 

Financial Results
Revenue for the three months ended August 31, 2019 was $6.4 million compared to $5.1 million for the same period last year, growth of 25% and a new record for Q4. Growth in revenue for the quarter was primarily the result of strong performances from direct sales in Canada and the U.S. Revenue for the 12 months ended August 31, 2019 was $31.1 million versus $27.7 million for the same period last year, growth of 12% and a new record for a fiscal year.

EBITDA loss for the three months ended August 31, 2019 was $4.1 million versus $2.4 million for the same period last year. The increase in EBITDA loss was primarily the result of additional expenses relating to the ongoing development of theScore’s sports betting business. EBITDA loss for the 12 months ended August 31, 2019 was $6.5 million versus $2.4 million in the same period last year.

Audience Metrics
Total average monthly active user sessions of theScore mobile app on iOS and Android reached 272 million in Q4 F2019, year-over-year growth of 6% and a new record for Q4. This represents 75 app sessions-per-user-per-month on a base of 3.6 million average monthly app users.

theScore’s content on its social channels achieved an average monthly reach of approximately 142 million in Q4 F2019, year-over-year growth of 150% and a new quarterly record.

Total video views of theScore esports’ content hit 85 million for Q4 F2019, year-over-year growth of 157% and a new quarterly record. Total watch minutes for theScore esports’ YouTube channel reached 384 million, year-over-year growth of 64% and a new quarterly record. An additional 146,000 YouTube subscribers were added during the period, with channel subscribers surpassing 950,000 earlier this month.

Conference Call & Webcast
theScore will host a conference call and webcast at 4:30pm EST on Wednesday, October 23 where management will review the Company’s F2019 Q4 and Year End results, followed by a Q&A session:

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

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
Passcode: 7997809

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

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Score Media and Gaming Inc.
Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore’ is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company’s mobile sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience. Natively built for iOS and Android devices, theScore Bet is deeply integrated with theScore’s media app and is currently available to place wagers in New Jersey. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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 10, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore”) plans to release its F2019 Q4 and Year End financial results at market close on Wednesday October 23, 2019. theScore will also host a conference call and webcast at 4:30pm ET on Wednesday, October 23 where management will review the Company’s F2019 Q4 and Year End results, followed by a Q&A session.

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

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

For more information:
James Bigg
Sr. Manager, Communications
theScore, Inc.
Tel: 647-638-9281
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Score Media and Gaming Inc.
Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore’ is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company’s mobile sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience. Natively built for iOS and Android devices, theScore Bet is deeply integrated with theScore’s media app and is currently available to place wagers in New Jersey. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements.  Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form and Short-form Prospectus as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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,  September 5, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore” or the “Company”) is pleased to confirm that it has closed its previously announced private placement with a fund managed and controlled by Fengate Asset Management (the “Fund”). The Fund has invested $40,000,000 in theScore to fund the growth and development of the Company’s media and sports betting businesses.

The Fund purchased a $40,000,000 8.00% convertible unsecured subordinated debenture of the Company, due August 31, 2024. A detailed description of the debenture and certain rights granted to the Fund in connection with its investment in the Company is provided in the Company’s press release dated September 3, 2019.

The private placement remains subject to the final acceptance of the TSX Venture Exchange. The debenture and the Class A Shares issuable upon conversion of the debenture will be subject to a statutory hold period expiring January 6, 2020. Upon closing of the private placement, the Fund was paid a one-time upfront fee of $1,500,000.

For further information:

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

Amy Holmes
Vice President, Marketing and Communications
Fengate Asset Management
Tel: +1 647 297 5369
Email: [email protected]


Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

The debenture and the Class A Shares issuable upon conversion of the debenture have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) or any applicable securities laws of any state of the United States and may not offered or sold absent such registration or an applicable exemption therefrom. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities referenced herein nor may there be any sale of such securities in any jurisdiction, including in the United States, in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of any such jurisdiction.


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 mobile sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience. Natively built for iOS and Android devices, theScore Bet is deeply integrated with theScore’s media app and is currently available to place wagers in New Jersey. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, the ability to satisfy stock exchange conditions for the final acceptance of the private placement, the use of the proceeds of the private placement to significantly enhance theScore’s ability to execute on its business plan, the timing and success of the launch of the Company’s sports betting business, receipt by the Fund of applicable gaming licenses or other approvals of gaming authorities, the satisfaction of conditions necessary to enable the Company to issue Class A Shares on conversion of the debenture (including any required regulatory, stock exchange or marketplace approvals), and the other matters discussed under the heading “Risk Factors” in the Company’s Annual Information Form as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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

– theScore Bet app now taking bets on iOS and Android devices

– Unique integrations with theScore sports app deliver a holistic media and betting experience

TORONTO, September 3, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore” or the “Company”) today launched its highly anticipated sports betting app in New Jersey, making history by becoming the first media company in North America to create and operate a mobile sportsbook in the United States.

Natively built for iOS and Android devices, theScore Bet is a comprehensive mobile sports betting platform, uniquely integrated with theScore’s popular sports app to provide an immersive and holistic sports betting experience.

With an easy-to-use interface, theScore Bet delivers a sports betting experience with a wide variety of pre-game and in-game markets and betting options, lightning-fast scores and in-game data, great features like early cash-out, and easy and secure deposit and withdrawal options.

Moreover, theScore Bet provides a distinctly unique experience when paired with theScore’s sports app, unlocking a seamlessly integrated offering of media and sports betting. Users’ favorite teams, leagues, and games from theScore sports app sync automatically to show personalized betting options in theScore Bet, while any wagers placed can then be tracked in real-time on theScore.

To support this cross-platform experience, users of theScore can also unlock an even deeper data and content offering for betting, with theScore’s new Bet Mode feature. When activated, users get instant access to even faster scoring updates and data, real-time odds, live bet tracking, additional betting content, and seamless betting calls-to-action, intelligently embedded throughout theScore sports app.

“theScore Bet is a completely unique and ground-breaking mobile sports betting experience,” said John Levy, Founder and CEO of theScore. “Our team has launched a best-in-class sports betting app that’s also been seamlessly integrated with our market-leading media app. Millions of sports fans all over North America were already using theScore, with many relying on our data and content to help inform their betting decisions. Now, starting with fans in New Jersey, we’ll be able to bring the bet right to them. We’ve always believed sports betting is just one facet of the overall fan experience, and now with theScore Bet we can deliver sports betting the way it was meant to be.”

At launch, fans will be able to place bets on NFL and NCAA football, NBA and NCAA basketball, MLB baseball, NHL hockey, as well as soccer from the UEFA Champions League and Europa League, English Premier League, La Liga, Bundesliga, Ligue 1, and MLS, with support for more sports and competitions, including golf, tennis, and combat sports, coming soon.

Built from the ground-up by the product team behind theScore’s industry-leading sports app and incorporating backend sports betting platform technology from Bet.Works, theScore Bet is available to download across the United States, with wagering currently supported within the state of New Jersey. theScore Bet is authorized to operate in New Jersey by the New Jersey Division of Gaming Enforcement, via its market access agreement with Darby Development LLC, the operator of Monmouth Park Racetrack. theScore also has market access across 11 additional states via its partnership with Penn National Gaming, subject to the enactment of state gaming laws and regulations and the receipt of relevant licenses and approvals.

For further information:

James Bigg
Sr. Manager, Communications
Score Media and Gaming Inc.
Email: [email protected]

Elisa Richardson
Manager, Media Relations
Score Media and Gaming Inc.
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

About Score Media and Gaming Inc.
Score Media & 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 mobile sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience. Natively built for iOS and Android devices, theScore Bet is deeply integrated with theScore’s media app and is currently available to residents of New Jersey. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, the adoption or non-adoption of laws and regulations permitting online and mobile sports betting and i-gaming in certain states and the impact such adoption or non-adoption will have on theScore’s ability to exercise its market access rights under the framework agreement, the receipt of all relevant licenses and approvals, and those which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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,  September 3, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore” or the “Company”) is pleased to announce that it has entered into an investment agreement with a fund managed and controlled by Fengate Asset Management (“Fengate”). Through the firm’s private equity team, Fengate will invest $40,000,000 in theScore to fund the growth and development of the Company’s media and sports betting businesses.

Under the terms of the agreement, Fengate will purchase a $40,000,000 8.00% convertible unsecured subordinated debenture of the Company, due August 31, 2024. The private placement of the debenture is expected to close on or about September 5, 2019, and is subject to certain conditions, including receipt of the approval of the TSX Venture Exchange.

“theScore is focused on becoming a leader in mobile sports gaming in North America and this strategic investment significantly enhances our ability to execute on this plan,” said John Levy, Founder and CEO of theScore. “Fengate is recognized as a highly respected and experienced investor across North America, with significant expertise in the gaming industry. They are the perfect strategic investment partner as we launch our best-in-class mobile sportsbook in the United States.”

Justin Catalano, Managing Director and Group Head, Private Equity, Fengate, said, “We are excited by the opportunity to be partnering with theScore and its entrepreneurial management team. theScore’s unique ability to integrate sports betting into their industry-leading mobile sports media platform makes this investment a strong addition to our growing private equity platform investing across North America.”

Transaction Details
The debenture will mature on August 31, 2024, and will accrue interest at the rate of 8.00% per annum payable semi-annually on the last day of February and August of each year commencing on February 29, 2020. At the holder’s option, the debenture may be converted into Class A subordinate voting shares of the Company (“Class A Shares”) at any time prior to the close of business on the earlier of the business day immediately preceding the maturity date and the business day immediately preceding the date fixed for redemption of the debenture. The conversion price will be $0.75 for each Class A Share, being a conversion rate of 1,333.3333 Class A Shares issuable for each $1,000 principal amount of the debenture, subject to adjustment in certain circumstances.

Subject to specified conditions, the Company may force the conversion of the debenture into Class A Shares if the volume weighted average trading price of the Class A Shares during the 20 trading days ending on the fifth trading day preceding the date on which notice of the forced conversion is given is not less than 125% of the conversion price at any time (i) after August 31, 2021, or (ii) if the principal sum of the debenture outstanding is $4,000,000 or less.

Subject to specified conditions, the debenture may be redeemed at the Company’s option at par plus accrued and unpaid interest at any time (i) after August 31, 2023 if the volume weighted average trading price of the Class A Shares during the 20 trading days ending on the fifth trading day preceding the date on which notice of the redemption is given is not less than 125% of the conversion price, or (ii) if the principal sum of the debenture outstanding is $4,000,000 or less.

Subject to specified conditions and subject to any required regulatory and/or stock exchange or marketplace approvals, the Company will be entitled to repay all or a portion of the outstanding principal amount of the debenture on maturity by issuing that number Class A Shares equal to the quotient obtained by dividing the applicable portion of the principal amount to be repaid in Class A Shares by 85% of the volume weighted average trading price of the Class A Shares during the 20 trading days ending on the fifth trading day preceding the maturity date. Until August 31, 2021, the Company will also be entitled to satisfy its obligation to pay interest by adding the amount of the applicable interest payment to the principal amount of the debenture.  The interest added to the principal amount of the debenture will be convertible into Class A Shares in accordance with the conversion features of the debenture, subject to the requirements of any regulatory and/or stock exchange or marketplace at the time of conversion.

Upon the occurrence of a change of control of the Company or the sale by the Company of its core assets, the Company will be required to make an offer to purchase the debenture at a price equal to 105% of the principal amount plus accrued and unpaid interest.

The investment agreement provides Fengate with certain rights following closing of the private placement, including a right to participate in future equity offerings to maintain its pro rata equity interest, a right of first refusal over certain future debt financings, a right to nominate one individual to serve on the Company’s board of directors (or, if such right is not exercised, the right to designate a board observer) and a demand registration right to sell all of its Class A Shares. On closing of the private placement, Fengate will be paid a one-time upfront fee of $1,500,000.

Advisors
Redbird Sports Group acted as financial advisor to theScore and PJT Partners acted as financial advisor to Fengate in connection with this transaction. McCarthy Tétrault LLP and Duane Morris LLP acted as legal advisors to theScore, and Torys LLP acted as legal advisor to Fengate in connection with this transaction.

For further information:

James Bigg
Sr. Manager, Communications
theScore, Inc.
Tel: 647-638-9281
Email: [email protected]

Amy Holmes
Vice President, Marketing and Communications
Fengate Asset Management
Tel: +1 647 297 5369
Email: [email protected]


Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

The debenture and the Class A Shares issuable upon conversion of the debenture have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) or any applicable securities laws of any state of the United States and may not offered or sold absent such registration or an applicable exemption therefrom. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities referenced herein nor may there be any sale of such securities in any jurisdiction, including in the United States, in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of any such jurisdiction.

About Score Media and Gaming Inc.
Score Media and Gaming Inc. creates highly-engaging digital products and content that empower sports fans. Its flagship mobile app ‘theScore’ is one of the most popular multi-sport news and data apps in North America, serving millions of fans a month. The Company also creates innovative digital sports experiences through its web, social, and esports platforms, and in December 2018 announced plans to launch a mobile sportsbook in the United States.

About Fengate Asset Management
Fengate is a leading alternative investment manager, with over $4 billion of capital commitments under management, focused on infrastructure, private equity and real estate strategies. With offices in Toronto, Houston, Vancouver, New York and Oakville, Fengate leverages more than 45 years of entrepreneurial experience to deliver excellent investment results on behalf of its clients. Learn more at fengate.com.

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 ability to satisfy regulatory, stock exchange and commercial closing conditions of the private placement, the use of the proceeds of the private placement to significantly enhance theScore’s ability to execute on its business plan, the timing and success of the launch of the Company’s sports betting business, receipt by Fengate of applicable gaming licenses or other approvals of gaming authorities, the satisfaction of conditions necessary to enable the Company to issue Class A Shares on conversion of the debenture (including any required regulatory, stock exchange or marketplace approvals), and the other matters discussed under the heading “Risk Factors” in the Company’s Annual Information Form as filed with the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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, September 3, 2019 – Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore” or the “Company”) is pleased to announce the appointment of senior gaming industry executive Alvin Lobo as Chief Financial Officer with immediate effect.

Lobo joins theScore from major U.S.-based casino operator Boyd Gaming Corporation, where he served as Vice President of Corporate Finance for three years. Prior to that, he worked with Wynn Resorts as its Director of Corporate Finance and Investor Relations.

John Levy, Founder and CEO of theScore, said: “Alvin’s considerable financial and gaming industry expertise further strengthens our team during a groundbreaking period of growth and expansion for theScore as we prepare to launch our mobile sportsbook. We’re thrilled to secure someone of his caliber to lead our finance team moving forward.”

“This is an exciting time to be joining a leading player in North American mobile sports media and gaming,” said Lobo. “theScore stands alone through its uniquely integrated approach to media and sports betting and I’m looking forward to playing a key role as the Company further grows and expands its core gaming and media businesses.”

For further information:
James Bigg
Sr. Manager, Communications
theScore, Inc.
Tel: 647-638-9281
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

About Score Media and Gaming Inc.
Score Media & Gaming Inc. creates highly-engaging digital products and content that empower sports fans. Its flagship mobile app ‘theScore’ is one of the most popular multi-sport news and data apps in North America, serving millions of fans a month. The Company also creates innovative digital sports experiences through its web, social, and esports platforms, and in December 2018 announced plans to launch a mobile sportsbook in the United States.

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 the TSX Venture Exchange and available on SEDAR at www.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. 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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