theScore Bet Online Sportsbook and iCasino Debuts in Ontario
April 04 2022 - 9:00AM
Business Wire
- Penn National Gaming Expands Online Gaming
Footprint to Canada’s Most Populous Province -
Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or
the “Company”) is pleased to announce that its subsidiary, Score
Digital Sports Ventures (Canada) Inc. (“theScore Bet”) has
officially launched theScore Bet mobile Sportsbook and
Casino in Ontario. theScore Bet, which is available on iOS and
Android devices, went live at 12:01 AM, ET on April 4.
“Today’s launch is significant as it expands Penn National’s
online gaming business to a jurisdiction that is expected to be one
of the largest regulated markets in North America,” said Jay
Snowden, President and CEO of Penn National. “We’re proud to enter
this market behind a trusted and authentic Canadian brand that
resonates deeply with Ontarians. From the outset, the Levy family
and theScore team played a meaningful role in championing the
legalization of single-event sports betting and the creation of
Ontario’s framework. With its large user base, superior technology
and mobile gaming expertise, theScore Bet is in a strong position
and I’m highly encouraged about the opportunity ahead.”
“Today is momentous as we finally are able to participate in a
regulated gaming market in our home country,” said John Levy, CEO,
theScore. “We applaud the Ontario government for its leadership in
creating and implementing a safe, consumer-friendly and
commercially minded market. We’ve been actively preparing for this
opportunity, including aggressively hiring to further build out our
Toronto-based workforce with a focus on investing heavily across
technology and engineering. theScore has been part of the fabric of
the Canadian sports scene for 25 years and theScore Bet launching
in Ontario is the next step in the evolution of how we serve fans.
We’re excited to officially introduce theScore Bet in our home
province and provide our longtime users with an integrated media
and betting experience unlike any other. Today is the realization
of a huge undertaking by the entire theScore family and we’re proud
to be part of this historic moment for Ontario.”
theScore Bet delivers an immersive and holistic mobile sports
betting experience, including a comprehensive range of pregame and
in-play bet types across all major sports leagues and events.
theScore Bet integrates with the company’s flagship media app,
theScore, to deliver a suite of cutting-edge features that bring
media and betting together in one ecosystem. The BET MODE feature
allows fans to more easily utilize theScore’s deep data, stats and
content without interruption to inform their bets before seamlessly
placing and tracking their wagers.
theScore Bet’s launch includes the debut of its online casino
product, which is seamlessly integrated with its online sportsbook
and features live dealer games, digital slots and table games such
as blackjack, baccarat, and roulette, and exclusive live-dealer
blackjack tables. theScore Bet’s initial slate of games include
those from highly regarded provider Evolution Games. It will soon
expand its offering to also include games from Penn Game Studios,
Penn National’s in-house game studio.
theScore, Canada’s leader in digital sports media, is
headquartered in Toronto with roots in the city that date back to
1997. In 2019 theScore made history when it became the first media
company in North America to launch a mobile sportsbook, theScore
Bet.
theScore Bet app is available for download anywhere in Canada,
but users must be 19+ and physically located in Ontario to wager.
theScore Bet is registered with the Alcohol and Gaming Commission
of Ontario as an internet gaming Operator and operates in Ontario
on behalf of iGaming Ontario.
For more information about theScore Bet, visit
www.thescore.bet/ontario.
About theScore
theScore, a wholly-owned subsidiary of Penn National Gaming
(Nasdaq: PENN), 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. theScore’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, Indiana, Iowa and the
company’s home province of Ontario. theScore also creates and
distributes innovative digital content through its web, social and
esports platforms.
About Penn National Gaming
With the nation's largest and most diversified regional gaming
footprint, including 44 properties across 20 states, Penn National
is a highly innovative omni-channel provider of retail and online
gaming, live racing and sports betting entertainment. Our
wholly-owned interactive division, Penn Interactive, operates
retail sports betting across the Company's portfolio, as well as
online social casino, bingo, and iCasino products. In February
2020, Penn National entered into a strategic partnership with
Barstool Sports, whereby Barstool is exclusively promoting the
Company's land-based and online casinos and sports betting
products, including the Barstool Sportsbook mobile app, to its
national audience. In addition, in October 2021, Penn National
acquired Score Media and Gaming, Inc. (“theScore”). Combined with
the power of Barstool Sports and theScore, Penn National has become
North America’s leading digital, entertainment, sports content,
gaming and technology company. The Company's omni-channel approach
is further bolstered by its mychoice loyalty program, which rewards
and recognizes its over 25 million members for their loyalty to
both retail and online gaming and sports betting products with the
most dynamic set of offers, experiences, and service levels in the
industry.
About iGaming Ontario
iGaming Ontario (iGO) is working collaboratively with the
Alcohol and Gaming Commission of Ontario (AGCO) and the Government
of Ontario to bring world class online gambling experiences to the
province in a safe environment, helping to protect consumers and
provide more choice. Gaming companies (Operators) that have been
successfully registered by the AGCO and have executed an operating
agreement with iGO may offer their games to players in Ontario on
behalf of the province. Through these relationships, gaming
revenues will be shared with the Government of Ontario to be used
in support of provincial priorities. To learn more, visit us at
iGamingOntario.ca.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220404005537/en/
For more information: Eric Schippers Senior Vice
President, Public Affairs Penn National Gaming 610/373-2400
Dan Sabreen Vice President, Communications theScore 917-722-3888
ext. 706 dan.sabreen@thescore.com
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