theScore Granted Temporary License for Internet Sports Betting in Colorado
March 05 2020 - 2:26PM
Business Wire
Score Media and Gaming Inc. (TSX Venture: SCR) (“theScore” or
“the Company”), is pleased to announce that the Colorado Limited
Gaming Control Commission today granted its subsidiary, Score
Digital Sports Ventures Inc., a temporary Internet Sports Betting
Operator license. Receipt of this temporary license is the first
step of a multi-stage regulatory approval process which must be
satisfied before the Company may offer wagering on theScore Bet in
Colorado.
theScore secured market access to offer mobile sports betting in
Colorado via its previously announced agreement executed in January
with a subsidiary of U.S. gaming operator Jacobs Entertainment Inc.
and anticipates launching theScore Bet in Colorado in the coming
months, subject to satisfying all regulatory requirements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Score Media and Gaming
Inc. Score Media and Gaming Inc. empowers millions of
sports fans through its digital media and sports betting products.
Its media app ‘theScore’ is one of the most popular in North
America, delivering fans highly-personalized live scores, news,
stats, and betting information from their favorite teams, leagues,
and players. The Company’s sports betting app ‘theScore Bet’
delivers an immersive and holistic mobile sports betting
experience. Natively built for iOS and Android devices, theScore
Bet is deeply integrated with theScore’s media app and is currently
available to place wagers in New Jersey. Publicly traded on the TSX
Venture Exchange (SCR), theScore also creates and distributes
innovative digital content through its web, social and esports
platforms.
Forward-looking (safe harbour)
statement Statements made in this news release that
relate to future plans, events or performances are forward-looking
statements. Any statement containing words such as “may”, “would”,
“could”, “will”, “believes”, “plans”, “anticipates”, “estimates”,
“expects” or “intends” and other similar statements which are not
historical facts contained in this release are forward-looking, and
these statements involve risks and uncertainties and are based on
current expectations. Such statements reflect theScore’s current
views with respect to future events and are subject to certain
risks, uncertainties and assumptions. Many factors could cause the
Company’s actual results, performance or achievements to be
materially different from any future results, performance or
achievements that may be expressed or implied by such forward
looking statements, including among other things, those which are
discussed under the heading “Risk Factors” in the Company’s Annual
Information Form 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200305005790/en/
James Bigg Sr. Manager, Communications Score Media and Gaming
Inc. Tel: 647-638-9281 Email: james.bigg@thescore.com
Josh Sidsworth General Counsel & CCO Score Media and Gaming
Inc. Tel: 416-479-8812 Email: josh.sidsworth@thescore.com
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