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theScore Granted Temporary License for Internet Sports Betting in Colorado
11th March, 19:57Score 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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200305005790/en/
KEYWORD: COLORADO UNITED STATES NORTH AMERICA CANADA
INDUSTRY KEYWORD: ENTERTAINMENT SPORTS OTHER SPORTS ONLINE ELECTRONIC GAMES CASINO/GAMING